POS (Point of Sale) Terminal generally allows cardholders to pay for goods and services by inserting or swiping their cards. Nowadays, most cards and POS terminals are NFC-enabled, allowing customers to make contactless payments by simply tapping the card on the terminal.
IBBPLC is committed to expand its POS business to promote a digital, cashless society. Any current account holder with a valid trade license for a legitimate (Halal) business can apply for a POS terminal through IBBPLC Branches or the direct POS sales team. After proper verification, Head Office provides the POS terminal if the business is deemed suitable.
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