Yes, POS transactions can be traced through various means such as transaction logs and receipt records. Additionally, digital payment methods leave electronic trails that can be traced by financial institutions or authorities if necessary. However, the extent of traceability depends on the data retention policies and security measures of the POS system used.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Enterprise Receivables Management System to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
