Definition: Point of sale (POS) terminal

ECB terminology

Device allowing the use of payment cards at a physical rather than virtual point of sale. A point of sale (POS) means the provision of goods and services at attended or unattended terminals.
Source:
European Central Bank, Guideline of the European Central Bank of 1 August 2007 on monetary, financial institutions and markets statistics (recast), Official Journal of the European Union No L 341, 27.12.2007, p. 1 - 232
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