Definition: POS transaction

ECB terminology

Transaction performed through a POS (Point of sale) terminal using a card with a debit, credit or delayed debit function.
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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