Point of sale terminal definition

Point of sale terminal means a device located in a commercial establishment at which sales transactions can be charged directly to the buyer's deposit, loan or credit account, but at which deposit transactions cannot be conducted;

Point of sale terminal means an electronic hardware device that meets

Point of sale terminal means an electronic information processing device controlled by or accessible to a merchant or other provider of goods or services that authorizes:

Examples of Point of sale terminal in a sentence

• Credit card number eases the shoppers.Departmental Store : Point of sale terminal with bar-code readers speeds the sales.

• RFID based Cloud Supply Chain ManagementThis paper describes briefly the underlying principle of RFID, introduction about supply chain management process and the proposed solution RFID based cloud based SCM services like storing the product data, tracking the product across the supply chain, inventory control, warehouse managements, retail store management, delivery and billing in Point of sale terminal using EPC(Electromic Product Code) [3].

• The East Ivanhoe and Heidelberg Community Bank®branches support local groups not only financially, but also through the free use of equipment that community groups can borrow for their events, including: • Two 3mx3m marquees with removable • Community Point of sale terminal - great for registration days, fundraisers such as trivia nights and auctions.

• Different banks use different services to help their customers to maximized their satisfaction For example, GTB bank Nigeria Plc, uses Automated Teller Machine, Guaranty Trust Bank uses Cards (money when you need it at your convenience), Guaranty Trust Bank has Automated System (GAPS), Gt-connect, Gt-Internet Banking, GT-Mobile Money and Point of sale terminal (POS).

• Proxies used for cashless banking in the study include Automated teller machine (ATM), Point of sale terminal, and web based transaction (WBT) to examine its impact return on equity (ROE) of deposit money banks in Nigeria, through an ordinary least square multiple regression method of analysis.

More Definitions of Point of sale terminal

Point of sale terminal means a hardware system used for processing payment and refunds for goods or services through debit and credit cards. A transaction with a POS Terminal may be conducted in person or online.

Point of sale terminal means the computer terminal or similar device at your location that provides electronic responses to Authorization requests. “Preauthorized Order” means a Cardholder’s written authorization to make one or more charges to the Cardholder’s Bank Card account on a future date.

Point of sale terminal means an attended or unattended access device located in or at a Merchant’s premises that meets the Card Schemes requirements, and that permits a Cardholder to initiate and effect a transaction for the purchase of products or services sold by such Merchant with a card in accordance with the Card Scheme Rules.

Point of sale terminal means an electronic MOBILE-processing device or any other electronic payment charging system approved by Service Provider.

Point of sale terminal. ("POS") means a Point-Of-Sale electronic device located within bricks-n-mortar retail establishments for acceptance of card-based electronic payments in exchange for consumer goods, wares, merchandise, prepaid payment cards, services and, in some cases, for the disbursement of cash to customers of merchants. Today, the vast majority of POS terminals in the United States read electronic payment data only from magnetic-stripe payment cards.

Point of sale terminal. Means an electronic MOBILE-processing device or any other electronic payment charging system approved under this agreement by TOPOS.

Point of sale terminal means a device located in a business