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POS Terminal (short for Point-of-Sale) is a machine that receives payment using plastic banking cards. It facilitates cashless safe transactions for selling shops & service providers and gives customers freedom of moving without cash. Islami Bank Bangladesh Limited is operating Merchant POS service as well as offering direct POS facilities at its Branch/Agent terminals.
IBBL is committed to expand acquiring business in the POS industry to ensure a Digital Cashless society. Any current account holder having a valid trade license of any valid & Halal business can apply for POS service from IBBL Branches. After proper verification POS is provided from head office if the proposed business is feasibly fit for availing the POS.
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