As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw upto "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'? [Allahabad Bank 2010]

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 "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'? [Allahabad Bank 2010]
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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