POS Transaction definition

POS Transaction means the use of the Debit Card to conduct a contact Transaction or a contactless Transaction or using a Mobile Device for purposes permitted by Us, including but not limited to: (a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant; (b) the transfer of funds from Your Account to obtain a voucher, chit, scrip, token or other thing that may be exchanged for goods, services or money; or (c) the transfer of funds into Your Account from an Account of a Merchant (e.g., a refund).
POS Transaction means the use of the Debit Card to conduct a contact Transaction with its associated PIN or a contactless Transaction without the Debit Card’s associated PIN or using a Mobile Device for purposes permitted by Us, including but not limited to: a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant; b) the transfer of funds from Your Account to obtain a voucher, chit, scrip, token or other thing that may be exchanged for goods, services or money; or c) the transfer of funds into Your Account from an account of a Merchant (e.g., a refund).
POS Transaction means the use of the Debit Card to conduct a contact Transaction or a contactless Transaction or using a Mobile Device for purposes permitted by Us, including but not limited to: (a) the transfer of funds from Your Account to purchase or lease goods or services from a Merchant;

Examples of POS Transaction in a sentence

  • As to any transaction which, (i) involves a sale Refunds for POS Transaction.

  • Cash refunds will not be made on any POS Transaction made with your Card.


More Definitions of POS Transaction

POS Transaction shall refer to the entire procedure of processing Home Credit’s Product at the Dealer/Provider’s Premises, whether or not it results to the grant or denial of Home Credit’s Product to the Customers;
POS Transaction means a transaction initiated by you to purchase goods or services at a point of sale;
POS Transaction means all purchase/Usage transactions other than cash withdrawal/Balance Inquiry.
POS Transaction is a Transaction in Point of Sales, where goods and services are sold in physical premises by an attendee of a merchant. “Profeesend” a service which enables you to redeem your e-money stored on your e-wallet held with the Company and send funds to a card specified in your request through the Company’s web-site and mobile app using the Profee platform or to execute a payment Order through the Payment account.
POS Transaction means any use of the Card through a VISA® Merchant Terminal (and not an ATM terminal) to pay a merchant for goods or services at point of sale. “VISA® Merchant Terminal” means any terminal by which a merchant electronically verifies the authorization for use of either a VISA® Debit Card. A VISA® Terminal does not generally require use of your PIN and is not an ATM terminal for purposes of these rules.
POS Transaction means any electronic request and/or authorizations for purchases by means of a Card at a Terminal.
POS Transaction means all purchase transactions other than cash withdrawal/Balance Inquiry/Cash at POS