Glossario

POINT OF SALE (POS)

A point-of-sale terminal is a device used by merchants to process payments using credit, debit and prepaid cards. The POS terminal is linked to the processing centre of the bank or other payment institution that offers the service so that the payment can be authorized and the relative amount debited to the buyer and credited to the seller’s account. There are also virtual POS terminals that make it possible to manage online payments by inputting card data through a dedicated internet page.