Point of Sale (POS)
PIN-based Point of Sale (POS) is a perfect complement to the Visa check card. POS gives your cardholders even greater access to their deposit funds by providing instant purchasing power and cash back options at thousands of participating Merchants
POS usage as a preferred form of payment enhances the value of your DDAs by reducing consumer reliance on cash and checks for everyday purchases and lowering your check processing costs. MAP supports all national and regional POS networks, offering Issuers greater cardholder coverage and satisfaction.
Point-of-sale (POS) is a convenient card-based payment alternative to cash and checks at a rapidly growing number of Merchants across the country. The cash back feature at participating POS Merchants is a convenient, cost-effective alternative ATM withdrawals. Cardholders can use POS when signature-based payment service is not available or when they prefer to transact their business using PINs.
As an Issuer, POS offers your cardholders added convenience and payment alternatives while providing key value and loyalty benefits. The utility, convenience and ease of POS participation mean greater cardholder satisfaction, leading to retention and growth of core deposits and DDAs.