POS — Point of Sale Systems and How They Work

Medium-length body copy of one or two sentences goes here to support the main headline. Do not make your text longer than this.

POS — Point of Sale Systems and How They Work

Medium-length body copy of one or two sentences goes here to support the main headline. Do not make your text longer than this.

POS — Point of Sale Systems and How They Work

Medium-length body copy of one or two sentences goes here to support the main headline. Do not make your text longer than this.

Table of contents

POS (Point of Sale) is the place and moment where you pay for a purchase: the checkout counter, the card terminal, or the online basket when you click pay. Understanding POS helps you see how your card, phone, or account connects to the merchant when money changes hands.

In a shop, the POS is usually a terminal that reads chip, PIN, or contactless payments. Online, the POS is the payment page hosted by the merchant or a payment provider. Either way, your bank approves the transaction through a card network or a bank transfer scheme. With bunq, you get Instant Notifications for card and many account payments so you always know what left your balance. See Payments and bunq Cards for how you pay day to day.

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Table of contents

POS (Point of Sale) is the place and moment where you pay for a purchase: the checkout counter, the card terminal, or the online basket when you click pay. Understanding POS helps you see how your card, phone, or account connects to the merchant when money changes hands.

In a shop, the POS is usually a terminal that reads chip, PIN, or contactless payments. Online, the POS is the payment page hosted by the merchant or a payment provider. Either way, your bank approves the transaction through a card network or a bank transfer scheme. With bunq, you get Instant Notifications for card and many account payments so you always know what left your balance. See Payments and bunq Cards for how you pay day to day.

Share this post

Table of contents

POS (Point of Sale) is the place and moment where you pay for a purchase: the checkout counter, the card terminal, or the online basket when you click pay. Understanding POS helps you see how your card, phone, or account connects to the merchant when money changes hands.

In a shop, the POS is usually a terminal that reads chip, PIN, or contactless payments. Online, the POS is the payment page hosted by the merchant or a payment provider. Either way, your bank approves the transaction through a card network or a bank transfer scheme. With bunq, you get Instant Notifications for card and many account payments so you always know what left your balance. See Payments and bunq Cards for how you pay day to day.

Share this post