POS

A Point of Sale (PoS) terminal is a portable device that allows local debit cardholders make payment for goods and services in a retail environment.

GTBank 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)
• Balance enquiry

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

• Improved efficiency minimises 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 pilferage by Employees
• Eliminates the inconvenience of cheque confirmation and clearing period.