Point of Sale (POS) Terminals definition

Point of Sale (POS) Terminals means devices that enable retailers and other firms to accept a wide range of non-cash payment types, such as credit cards and debit cards. POS Terminals can operate on a standalone basis or be connected to an electronic cash register or similar device as part of an integrated point of sale system. Standalone POS Terminals are commonly referred to in the industry as “countertop” machines. Integrated POS Terminals are commonly referred to in the industry as “multi- lane” or “customer facing.”
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Examples of Point of Sale (POS) Terminals in a sentence

  • Contactless Payments – Payments made using cards or other objects containing chips that can be read by Point of Sale (POS) Terminals by proximity of the card/object to the POS Terminals without actual physical contact.

  • This, according to BT, was because of the words “to the extent they are matters of a description specified in the rules” in section 193(1).

  • The strip is read electronically by specialized machines called Point of Sale (POS) Terminals at merchants or Automatic Teller Machines (ATM).

  • PROCEDURES INTERNAL CONTROL PROCEDURES BY PAYMENT CHANNEL Point of Sale (POS) Terminals (i.e. transactions swiped or keyed into a POS terminal)Credit/debit card operating rules prohibit merchants from printing the full 16 digit card number on the customer copy of the receipt issued through a point of sale terminal.

  • ATOS was a Third Party Processor ( TPP) which tracked the flow of intervening events between a card holder swiping his card and finally receiving a printed charge slip at the Point of Sale (POS) Terminals.

  • These genes included, for instance, type IV pili cluster (pilBTCA), L-ascorbate catabolic operon (ula) and three putative bacteriocins.

  • Kenya Post Office Savings Bank is seeking for the Supply of Point of Sale (POS) Terminals.

  • In addition, four banks named Dashen Bank, Zemen Bank, Awash international Bank and NIB International Bank are providing RTGS services to their customer through other E-banking channels or tools such as Point of Sale (POS) Terminals, debit card, Mobile Banking and Internet Banking.

  • These assembly plants belonged to the “first wave” of foreign investment in the early 1990s.

  • You can access Your Designated Account through the following Banking Channels (where available): • Designated Automated Teller Machines (“ATM”); • Debit Point of Sale (POS) Terminals that display the VISA and VISA Electron symbols or any other system that we may designate from time to time for purchase transactions paid using Your Card; • FirstCaribbean Online Banking.

Related to Point of Sale (POS) Terminals

  • Point of Sale means, for a Placement, the time at which an acquiror of Placement Shares entered into a contract, binding upon such acquiror, to acquire such Placement Shares.

  • point of metering means the point at which the customer’s consumption of electricity is metered and which may be at the point of supply or at any other point on the distribution system of the municipality or the electrical installation of the customer, as specified by the municipality; provided that it shall meter all of, and only, the customer’s consumption of electricity;

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Point of Interconnection means the point or points where the Customer Interconnection Facilities interconnect with the Transmission Owner Interconnection Facilities or the Transmission System.

  • Channel migration zone (CMZ) means the area where the active channel of a stream is prone to move and this results in a potential near-term loss of riparian function and associated habitat adjacent to the stream, except as modified by a permanent levee or dike. For this purpose, near-term means the time scale required to grow a mature forest. (See board manual section 2 for descriptions and illustrations of CMZs and delineation guidelines.)

  • Common Channel Signaling (CCS means an out-of-band, packet-switched, signaling network used to transport supervision signals, control signals, and data messages. It is a special network, fully separate from the transmission path of the public switched network. Unless otherwise agreed by the Parties, the CCS protocol used by the Parties shall be SS7.

  • Voice over internet protocol service means any service that:

  • Video lottery terminal sales agent means a lottery sales agent licensed under Chapter 3770. of the ORC to conduct video lottery terminals on behalf of the state pursuant to Section 3770.21 of the ORC.

  • Point of Reception means any point on the premises of a person where sound or vibration originating from other than those premises is received.

  • Access Terminal means any device used to access any of Your Accounts, including without limitation an ATM, a computer, a portable hand-held device, or a telephone, including any form of mobile telephone or Mobile Device.

  • Enrollee point-of-service cost-sharing means amounts paid to

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • point of supply means the point determined by the Municipality or any duly authorised official of the Municipality at which electricity is supplied to any premises by the Municipality;

  • Point of Service means the point at which FortisAlberta’s service conductors are connected to the conductors or apparatus of a Customer;

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Station Use means the electric energy produced by the Generating Facility that is used within the Generating Facility to power the lights, motors, control systems and other electrical loads that are necessary for Operation, including transformation losses to power such equipment and other necessary loads.

  • Marine terminal means a public or private commercial wharf

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Air-to-ground radiotelephone service means a radio service, as that term is defined in 47 CFR 22.99, in which common carriers are authorized to offer and provide radio telecommunications service for hire to subscribers in aircraft.

  • Aboveground storage tank shall have the meaning ascribed to such term in Section 6901 et seq., as amended, of RCRA, or any applicable state or local statute, law, ordinance, code, rule, regulation, order ruling, or decree governing aboveground storage tanks.

  • Common Channel Signaling (“CCS”) is a method of digitally transmitting call set-up and network control data over a digital signaling network fully separate from the public switched telephone network that carries the actual call.

  • POS Terminal or ‘Point-of-Sale Terminal’ means an electronic device used by a Retailer to authorise and accept a Card Transaction.

  • Bulk gasoline terminal means a gasoline storage facility which receives gasoline from its supply source primarily by pipeline, ship, or barge, and delivers gasoline to bulk gasoline plants or to commercial or retail accounts primarily by tank truck; and has an average daily throughput of more than 76,000 liters (20,000 gallons) of gasoline.

  • Service Switching Point (SSP means the telephone Central Office Switch equipped with a Signaling System 7 (SS7) interface.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • point of entry /"Point of Exit" means a location designated for the in-country arrival of inspection teams for inspections pursuant to this Convention or for their departure after completion of their mission.