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Merchant acquiring or point of sale (POS) enables retailers to accept Visa and MasterCard debit and credit cards for payment.
Merchant acquiring or point of sale (POS) enables you to accept Visa and MasterCard debit and credit cards for payment. FNB Offers you two POS terminals to choose from.
Ingenico 5300 terminal for small to medium retailers
Hypercom ice 5500 Plus terminal for larger retailers
Automatically obtains authorisation for the transaction
Our POS terminals are EMV compliant (this means they accept smart cards and magnetic stripe cards)
Checks credits/debit cards against the hot card list
Automatically deposits daily takings into your company's FNB cheque account on the next business day
Accepts all Visa and MasterCards
Eliminates the problem of returned cheques
You need to have a First Cheque Account.