About this Service

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

Features & Benefits

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.