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

• You will receive a printed receipt for each SHAZAM, CIRRUS, OR CO-OP ATM, POS or MasterCard debit card transaction that you make at the time of that transaction.

• The Financial Institution may, in connection with Mobile Payment Services, permit You to perform electronic payments at a POS or ATM using a Mobile Device in conjunction with a Debit Card and PIN, or a virtual Debit Card and Passcode.

• If currency conversions on this basis are not acceptable to You, You agree that You will not transact in foreign currency on Your Account, including withdrawing foreign currency from ATMs, POS Transactions in foreign currency, by use of Direct Services or Mobile Payment Services or delivering any Instrument or processing any Transaction to Us for deposit in a currency other than the currency of Your Account.

• 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.

• You can get a receipt at the time you make any transaction (except inquiries) involving your account using an ATM and/or point-of-sale (POS) terminal.

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 in relation to a Point of Sale terminal through which Card transactions are processed electronically.

POS means Point of Sales.

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

POS point of sale means the physical location where a merchant initiates a payment instruction.

POS means point of sale system.