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 point of sale;

Examples of POS in a sentence

  • The Employer shall contribute 80% of the premium charge for PPO plans, 83% of premium for the POS plan, 85% of premium for the HMO plan, 80% for the prescription drug plan, and 50% for the dental plan.

  • The IC POSPay solution allows Billers to accept point-of-sale (POS) payments from customers using chip cards (EMV), contactless devices (Apple Pay, Google Pay), and RFID-enabled cards (tap-to-pay).


More Definitions of POS

POS means the point of sale terminal of any authorized merchant or establishment displaying the Visa logo, which accepts cards and cards transactions.
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 Point-of-Sale Terminal.
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.