POS Transaction definition

POS Transaction means the use of the Debit Card to conduct a contact Transaction or a contactless Transaction or using a Mobile Device for purposes permitted by Us, including but not limited to: (a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant; (b) the transfer of funds from Your Account to obtain a voucher, chit, scrip, token or other thing that may be exchanged for goods, services or money; or (c) the transfer of funds into Your Account from an Account of a Merchant (e.g., a refund).

POS Transaction means the use of the Debit Card to conduct a contact Transaction with its associated PIN or a contactless Transaction without the Debit Card’s associated PIN or using a Mobile Device for purposes permitted by Us, including but not limited to: a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant; b) the transfer of funds from Your Account to obtain a voucher, chit, scrip, token or other thing that may be exchanged for goods, services or money; or c) the transfer of funds into Your Account from an account of a Merchant (e.g., a refund).

POS Transaction means the use of the Debit Card to conduct a contact Transaction or a contactless Transaction or using a Mobile Device for purposes permitted by Us, including but not limited to: (a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant;

Examples of POS Transaction in a sentence

• We will not be liable to You for any action or failure to act of a Merchant or refusal by a Merchant to honour the Debit Card, whether or not such failure or refusal is the result of any error or malfunction of a device used to effect or authorize the use of the Debit Card for a POS Transaction.

• If You are still not satisfied, the issue will be referred to either a dispute resolution service or external mediator, as agreed between You and Us. Neither We nor You will have the right to start court action until 30 days have passed since the issue was first raised with Us. Any dispute related to goods or services supplied in a POS Transaction is strictly between You and the Merchant, and You will raise no defense or claim against Us.

• You may access any funds available on the Card ("Balance") to purchase goods and services wherever the card is accepted by a merchant ("POS Transaction").

• When you use the Card, the amount of the purchase plus any applicable fees and taxes for the POS Transaction will be deducted from the available Balance associated with the Card.

• When you use the Card for a transaction, the amount of the purchase plus any applicable fees and taxes for the POS Transaction will be deducted from the available Balance associated with the Card.

More Definitions of POS Transaction

POS Transaction shall refer to the entire procedure of processing Home Credit’s Product at the Dealer/Provider’s Premises, whether or not it results to the grant or denial of Home Credit’s Product to the Customers;

POS Transaction means a transaction initiated by you to purchase goods or services at a point of sale;

POS Transaction means all purchase/Usage transactions other than cash withdrawal/Balance Inquiry.

POS Transaction is a Transaction in Point of Sales, where goods and services are sold in physical premises by an attendee of a merchant. “Profeesend” a service which enables you to redeem your e-money stored on your e-wallet held with the Company and send funds to a card specified in your request through the Company’s web-site and mobile app using the Profee platform or to execute a payment Order through the Payment account.

POS Transaction means any electronic request and/or authorizations for purchases by means of a Card at a Terminal.

POS Transaction means all purchase transactions other than cash withdrawal/Balance Inquiry/Cash at POS

POS Transaction means “point-of-sale” Card Transaction for the purchase of goods or services conducted with a PIN.