POS definition

POS means point of sale.
POS means Point of Sale, being an electronic terminal used by cardholders to pay for goods or services at a retail or service outlet.
POS means the point of sale terminal of any authorized merchant or establishment displaying the Visa logo, which accepts cards and cards transactions.

Examples of POS in a sentence

  • Contactless Card Reader: Refers to a machine reading cards also allowing the contactless transactions, which can be linked from outside to or is integrated with POS devices or such other devices as automat, validator, turnstile, etc.

  • The Contractor shall maintain prospective drug utilization review edits and apply these edits at the POS.

  • The Contractor shall provide online and real-time rules-based point-of-sale (POS) claims processing for pharmacy benefits.


More Definitions of POS

POS means the Dealer/Provider’s Premises where the Financing Documents are signed by the Customer and the Downpayment is paid in exchange for the Goods and/or Services given to the Customer, and a retail transaction is completed;
POS has the meaning set forth in Section 4.8.
POS means Point of Sales.
POS means in relation to a Point of Sale terminal through which Card transactions are processed electronically.
POS means point of sale terminals that permit the debiting of the Card-i Account for purchase transactions at Authorised Merchants outlets.
POS means point-of-sale.