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Please I Need More Info About How A POS Works. - Business - Nairaland

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Please I Need More Info About How A POS Works. by miniziter(m): 11:36pm On Oct 14, 2017
Please professional in the house am in need of your contribution. A source told me that money debited from the debit card is not credited into the account number link to the POS until 24hrs. Is this true?
Re: Please I Need More Info About How A POS Works. by charismaticdave(m): 6:00am On Oct 15, 2017
Yes. There are also debit charges on the withdrawal
Re: Please I Need More Info About How A POS Works. by miniziter(m): 6:28am On Oct 15, 2017
charismaticdave:
Yes. There are also debit charges on the withdrawal

Like how much?
Re: Please I Need More Info About How A POS Works. by charismaticdave(m): 6:49am On Oct 15, 2017
miniziter:


Like how much?

It depends on the bank that issues the POS

For Diamond Bank

I think it's 0.025% of 1000
Re: Please I Need More Info About How A POS Works. by miniziter(m): 7:32am On Oct 15, 2017
charismaticdave:


It depends on the bank that issues the POS

For Diamond Bank

I think it's 0.025% of 1000

Okay. But am patronizing Sterling.
Re: Please I Need More Info About How A POS Works. by miniziter(m): 7:34am On Oct 15, 2017
charismaticdave:


It depends on the bank that issues the POS

For Diamond Bank

I think it's 0.025% of 1000

Are they going to deduct the money from my account or from customer's account?
Re: Please I Need More Info About How A POS Works. by charismaticdave(m): 11:57am On Oct 16, 2017
miniziter:


Are they going to deduct the money from my account or from customer's account?


From the amount debited from the card. You can tell the customer you will debit some amount or you just add something to the amount you are debiting

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Re: Please I Need More Info About How A POS Works. by miniziter(m): 2:00pm On Oct 28, 2017
Sterling bank is giving me one soon but they said charges is N70 per transaction.
Re: Please I Need More Info About How A POS Works. by Yinxies(f): 2:04pm On Oct 28, 2017
miniziter:
Sterling bank is giving me one soon but they said charges is N70 per transaction.

you will be debited per N1000

...N70 is a lot
Re: Please I Need More Info About How A POS Works. by miniziter(m): 6:13am On Oct 29, 2017
Yinxies:


you will be debited per N1000

...N70 is a lot

He said regardless the amount am debiting that it's still N70 in as much as as is its not up to 160k
Re: Please I Need More Info About How A POS Works. by miniziter(m): 6:16am On Oct 29, 2017
Yinxies:


you will be debited per N1000

...N70 is a lot

But wait o, if I hear you right, you mean N70 per every N1000. That's stealing and corruption.

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