Definition of Point of Sale or POS

  1. Point of Sale or POS means the Merchants system, or device for dealing with Cardholders and effecting Transactions, including but not limited to a Card terminal, integrated sales property, point of sale management solution, or Internet website interface.

Examples of Point of Sale or POS in a sentence

  1. 1.27 Point of Sale or POS is each location of Merchant where Merchant and Cardholder can jointly complete a Charge or Credit Voucher transaction in connection with the Cardholders purchase of goods or services provided by Merchant.

Definition of Point of Sale or POS in Agreement

Point of Sale or POS means the Merchants system, or device for dealing with Cardholders and effecting Transactions, including but not limited to a Card terminal, integrated sales property, point of sale management solution, or Internet website interface.


Definition of Point of Sale or POS in Service Agreement

Point of Sale or POS means the Merchant's system, or device for dealing with Cardholders and effecting Transactions, including but not limited to a Card