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

  • If Your Card, handwritten signature of PIN is used for a POS Transaction, the Bank is in no way responsible for the quality or non- receipt of the goods or services.

  • Total Monthly Deposits ** £750 £7,500 Unlimited* Account Opening Fee Free First Countingup Card Free Transaction Fees Account Transfers (in/out) 30p Direct Debit Out 30p Card POS Transaction Free Foreign Transaction Fees 3% applied to cleared transaction Customer Service Free E-mail Alerts, Mobile Notifications, In-App & SMS Messages Free ATM Withdrawal £1 per withdrawal Post Office Cash Load 0.5% (£2 min.


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 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
POS Transaction means “point-of-sale” Card Transaction for the purchase of goods or services conducted with a PIN.