POS Services
The Point of Sale (POS) service is an electronic money transferring system that enables you to purchase goods from merchants using your ATM or Credit Cards.
The system transfers the amount of money directly from the your bank account to the merchant’s, as long as both accounts are within the SPAN, MASTERCARD and VISA networks. It is a convenient service providing faster and easier ways for you to buy what they want, when you want; with the money being transferred immediately from account to account.
Features and Benefits
- The system makes a bank account balance inquiry before performing the transaction to ensure there are sufficient funds
- You don’t need to carry cash everywhere, just be sure to carry your ATM or Credit Cards
- POS outlets accept cards from the SPAN, MASTERCARD and VISA networks
Al Rajhi Bank's POS Service
Al Rajhi Bank is the leading POS service provider in the Kingdom with over 14,500 POS terminals distributed throughout the Kingdom, serving thousands of customers in their day to day transactions.
Benefits of Al Rajhi's POS Service
- We are responsible for terminal maintenance and supplies
- We provide support monitored from our seven regional support offices in the Kingdom supervised by POS regional officers
- We provide 24/7 service through the toll-free number 800 124 1313
- We provide POS equipment to Merchants free of charge
How to Obtain an Al Rajhi Business POS
- An account must be opened with Al Rajhi Bank
- A telephone line must be set-up for the POS terminal
- The site should be ready for installation
- The POS agreement (available at all Al Rajhi Bank Branches) must be filled-in
- The merchant should agree to pay the fees and expenses of the service, as stated in the Agreement Appendix