POS Terminals definition
Examples of POS Terminals in a sentence
You agree that in order to access the Wireless Services, you must use wireless POS Terminals and accessories approved for use with the Wireless Services by Processor from time to time in its sole discretion (the “Wireless Equipment”).
Merchant at all times shall maintain and operate the POS Terminals in accordance with the Operating Rules.
Merchant shall provide Bank and the Debit Network with a list of all Merchant locations currently with compliant POS Terminals capable of accepting cards and shall provide a list as applicable.
POS Terminals are provided under the Terms & Conditions laid down in this AGREEMENT by the Acquiring Bank, and conforming to MADA rules.
The Merchant agrees that only The Acquiring Bank supplied MADA- POS Terminals will used for conducting MADA-POS transactions.
If Merchant provides its own Point-of-Sale electronic terminal or similar device (“POS Terminal”), such POS Terminals must comply with, and meet all requirements set forth by, Service Provider, any applicable processor, and directives set forth by the PCI-SSC as amended from time to time, in order to submit Transactions.
Additionally, The Merchant is required to ensure that the mada -POS Terminals are visible and easily located by the Cardholder.
The Merchant further agrees to display the xxxx Xxxx on the mada -POS Terminals and at visible locations within The Merchant’s outlet.
This is also reflected in paragraph 38 where the discount rate is specified as “pre-tax”.This is clearly appropriate where the provision for the liability is tax deductible.However, where the actual liability is not tax deductible (e.g. a taxation fine) both the final payment and the unwind of the discount reflected in the provision will need to be met from the sacrifice of future after tax economic resources (or 1/[1-tax rate] times as much pre tax resources).
When you use your Card to perform Visa Purchases or Transactions at POS Terminals, your copy of the sales slip will be your receipt.