Point of Sale (POS) Glossary
A safe drop is the removal of excess money from a register to deposit into a secure location at the business. The secure location might be a safe, lockbox, back office, or another fortified location. This is not to be confused with a bank deposit or balancing the drawer at the end of a shift, which are both separate processes.
Excess cash in a point of sale drawer is at risk of theft and can clutter up the register. Stores have policies and procedures for determining when a safe drop should occur to clear a drawer. If money is removed from a POS register during a shift, it might be entered into the POS system, or a manager might write a receipt to leave in the drawer that accounts for the money removed for the safe drop.
An eCommerce website is open 24/7 and accessible from all over the world. Being online and having physical store opens your business to a global market.
You’ve probably been at the register at the grocery store and asked if you wanted to contribute money to a charity as you checked out. Maybe you donated, or perhaps you found it was annoying. It might have depended on your mood that day, or possibly the charity was a deciding factor.