Mobile POS definition

Mobile POS or “MPOS” means the devise provided by the Bank, vendor or a person other than the Bank to the Merchant which enables the Merchant to electronically process transactions carried out through the Card;
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Mobile POS means the Merchant’s mobile phone/ computer terminal / such other device which has been enabled to raise bills and demand payment from the Customer for the Transaction carried out.
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Examples of Mobile POS in a sentence

  • This includes POS, Mobile POS and other forms of transaction processing like self-checkout and in-store kiosk etc.

  • We go into more definitions, classes of devices, and forecasts in our study Mobile POS – Reaching Escape Velocity - All Systems Go.

  • Included in this research is a detailed discussion of the purchase decisions for Mobile Platforms, and the effect Mobile POS is going to have upon POS shipments over the next three years.

  • This research tracks the market share in installs and shipments of software licenses in Mobile POS instances.

  • For additional information about the Mobile POS Components, see ▇▇▇▇://▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/fwlink/?LinkID=261986.

  • The Merchant is responsible for changing of the Password upon Maksekeskus’s request and in cases when the Merchant suspects unauthorized or fraudulent use of Mobile POS.

  • The software may include certain plug-ins, runtime or other mobile point of sale components identified in printed or online documentation (“Mobile POS Components”) that allow you (or a third party acting on your behalf) to extend their functionality to create applications for your mobile point of sale device(s) that include Mobile POS Components (“Mobile POS Applications”).

  • If Mobile POS Components are provided with the software: • You may: (i) copy, alter, adapt, modify or create derivative works of the Mobile POS Components for use solely in your Mobile POS Applications; (iii) install, test, develop and deploy your Mobile POS Applications solely with the software; or (iii) use your Mobile POS Applications solely with the software.

  • Mobile POS Software is one of the fastest growing areas in retail technology, but it is not growing at the same speed in all retail segments or even by the size of retailers.

  • In Mobile POS the day is closed automatically and no additional activities from Merchants are not required.