A bar code scanning system and method for reading and processing bar code symbology uses a scanning station installed above the check-out stand and a receiving station at some distance away from the scanning station. The scanning station projects light onto a surface of the check-out stand. The projected light can have a well defined border indicating where a user should place items to be scanned. Alternatively, a pattern coincident with the projected light can be projected onto the surface and which includes a target indicating where items should be placed for scanning. Light reflected by items in the target region is processed to decode optical symbology on the item and produce a signal that is representative of said sensed symbology. Information about the scanned item can be processed and displayed by the receiving station for use in, e.g., a point-of-sale transaction. The system can also be configured to capture images of a user's payment card for use in payment processing and to store images of at least selected scanned items for use in subsequent processes.