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.

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.