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 information processing device controlled by or accessible to a merchant or other provider of goods or services that authorizes:

Point of sale terminal means an electronic hardware device that meets

Examples of Point of sale terminal in a sentence

• If customers are required to sign directly on the Point of Sale Terminal in order to complete a transaction, the terminal screen shall have no virtual function keys below the signature line.

• You will get a receipt at the time you make any transfer to or from your account using any Automated Teller Machine (ATM) or Point of Sale Terminal.

• Furthermore, the Vendor shall liable for all taxes, fees, licenses and governmental charges, together with any penalties or interest thereon, relating to the possession, use of the Point of Sale Terminal and Payment System.

• All credit card transactions entered into through our Mobile Point of Sale Terminal will be protected by encryption technology of Visa & Mastercard.

• The Vendor shall be responsible for complying with and conforming to all laws and regulations relating to the possession, use or maintenance of the Point of Sale Terminal.

More Definitions of Point of sale terminal

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 means an electronic device

Point of sale terminal or “POS terminal” means an electronic device located in or at a merchant’s premise that enables a cardholder to effect a transaction for the purchase of goods or services using a payment instrument;

Point of sale terminal or “POS” means the machine used for Electronic Funds Transfer transaction;

Point of sale terminal means the Service Provider’s cashless payment device that deducts the equivalent value of amounts in South African Rands from the Payer’s NFC card or wristband as payment for goods and services tendered by the Vendor;