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

Examples of POS in a sentence

  • For purposes of this Agreement, an authorized system is any system that will process transaction data for valid Cards (including Visa and any other POS and ATM system shown as a logo on any Card).

  • A PIN Entry Device must comply with the PCI DSS requirements for POS and PED equipment.

  • The standard for daily transaction limits with a Visa Business Debit Card are $525 for ATM withdrawals and $2,500 for POS transactions, including contactless, PIN, and Signature transactions.

  • EMV acceptance requires an EMV enabled standalone terminal or POS system.

  • You agree that all POS terminals operate with unique keys according to PIN debit network requirements.


More Definitions of POS

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 terminals that permit the debiting of the Card-i Account for purchase transactions at Authorised Merchants outlets.
POS means point-of-sale.