A Point of sale terminal (POS terminal) is an electronic device used to process card payments at retail locations. A POS terminal generally does read the information of customer’s credit and debit card and checks whether the fund in customer’s account is sufficient. In case of sufficiency of funds this allows cash less transaction from customer’s account to merchant account.

In order to promote digital transaction as well cash less transaction, Now RMGB is providing POS machine facility to its merchant category customers.

Customers having current account, CC account with us, can apply for POS machine. RMGB is providing two types of POS terminals, which are hereunder-

• Portable GPRS POS terminal (PGPRS POS terminal)