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 point of sale;

Examples of POS in a sentence

  • Point of Sale (POS) transactions will be deducted from your Primary Account.

  • In case a transaction via the Service is already approved, but the POS terminal or Internet connection is switched off during or prior to transaction processing, for whatever reason, such transaction shall not be cleared and paid by the Card Schemes under their rules.

  • Point of Sale (POS) transactions involving a refund will be credited to your Primary Account.

  • You may not use your Account, ATM, POS, or Debit Card, or other access device for any illegal or unlawful transaction, and we may decline to authorize any transaction that we believe poses an undue risk of illegality or unlawfulness.

  • You may use the Card and PIN issued you to pay for purchases from merchants who have agreed to accept the Card at Point of Sale (POS) terminals within the networks identified on your Card and such other terminals as the Bank may designate from time to time.


More Definitions of POS

POS means the point of sale terminal of any authorized merchant or establishment displaying the Visa logo, which accepts cards and cards transactions.
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 Terminal.