Point of Sale terminal is an electronic payment system that is mainly used in physical retail locations to process card payments. POS terminals enable a merchant, business entity, to sell their products for cash value and received payment through debit, credit, International card that the customer possesses.
BOK POS terminals accept VISA and Union Pay International (UPI) domestic and international cards. All the POS terminals are VBV enabled which means that to complete the transaction it has to be accompanied by PIN number. The merchant must be a registered business entity involved in retail nature of business.