POS Service
The Point of Sales (POS) service is an electronic payment system that enables customers to purchase goods using their ATM or Credit Cards. The system transfers the amount of money directly from the customer’s bank account to the POS terminal applicant’s account, as long as both accounts are within the SPAN, MASTERCARD, VISA and AMERICAN EXPRESS networks. It is a convenient service that will provide faster and easier ways for your customers to buy what they want, when they want it, while the transfer of funds goes directly into your account.
Al Rajhi Bank's POS Service
Al Rajhi Bank is the leading POS service provider in the Kingdom with more than 15,300 POS terminals distributed throughout the Kingdom, serving thousands of customers in their day to day transactions.
Features
• The system makes a bank account balance inquiry before performing a transaction to ensure there are sufficient funds in the card holder's account
• Customers do not need to carry cash everywhere, they just need to make sure they have their ATM or Credit Card
• POS outlets accept cards from the SPAN, MASTERCARD,VISA and AMERICAN EXPRESS networks
Benefits
• Al Rajhi is responsible for terminal maintenance and supplies
• Al Rajhi provides support monitored from its seven regional support offices in the Kingdom supervised by POS regional officers
• Al Rajhi provides 24/7 service through our toll-free number 8001241313
• Al Rajhi provides POS equipment to merchants free of charge
How to Apply
• Open an account with Al Rajhi Bank
• Set up a phone line for the POS terminal
• The site should be ready for installation
• Fill the POS agreement, available at all Al Rajhi Bank branches
• Agree to pay the fees and expenses of the service, as stated in the Agreement Appendix