As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs. 1,000 using their debit cards from notified shops/stores all over the country. All such shops/stores will have ‘POS’ terminals for the same. What is full form of the ‘POS’ ?

As per the guidelines issued by the RBI, banks are preparing for a ser

1.	As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto Rs. 1,000 using their debit cards from notified shops/stores all over the country. All such shops/stores will have ‘POS’ terminals for the same. What is full form of the ‘POS’ ?
A.	Payment on Sale
B.	Power of Sale
C.	Point of Sale
D.	Payment Order Service
E.	None of these
Answer» D. Payment Order Service

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