Point of Sale (POS)

A Point of Sale (POS) terminal is a portable device that allows cardholders make payment for goods and services. Jaiz Bank POS terminal provides a convenient, modern & efficient means of processing payment online real-time as value is credited to the Merchants account within 24 hours.

These terminals can be used to perform a variety of financial transactions such as:

  • Purchase
  • Vending airtime (recharge)
  • Payments

Benefits

The benefits of the POS terminal to Merchants include the following:

  • Improved efficiency
  • Minimizes cash handling and aids reconciliation
  • Increase in sales as merchant have access to both cash and card-carrying customers
  • Instant confirmation of payment for goods
  • Reduces cost of personnel and equipment for handling cash receipts
  • Reduces exposure to loss due to armed robbery or cash pilferage by employees
  • Eliminates inconveniences of cheque confirmation and clearing.

Please click here to request for POS terminal to be deployed to your stores or click here to locate a POS merchant close to you.

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