The Point of Sale terminal is a portable device that facilitates payments for goods and services at merchant locations using payment cards issued by all banks on the network.


The Point of Sale terminal is a portable device that facilitates payments for goods and services at merchant locations using payment cards issued by all banks on the network and Mobile Money. POS terminals play a key role in the actualization of the cashless banking objectives as they become a more popular means of receiving payments and transacting business.


  • 1. Payments for purchase
  • 2. Cash-back on POS
  • 3. Accepts all Cards (Visa, MasterCard, Verve)
  • 4, Other Value Added Services (Mobile Money)
  • 5. Merchant has access to view transactions online real


1. Increased sales: Buyers spend more with cards
2. Customer Satisfaction: Cardholders will flexibility of payment
  • 3. Speed of Checkout: No more queues, no more counting of bills giving change or waiting to write cheques
  • 4. Safety: With less cash, you are less vulnerable to theft and pilfering
  • 5. Earn revenue on ‘Cash-back’ transactions: Buy goods, buy cash


Who are the target merchants?

  • Any established businesses or stores where there is trade of goods and service.
  • The merchants must have a permanent address of business, complete a KYC form and have an account for direct deposit by the assigned POS.
  • Merchants could be one man business such as traders, stores, SME, retail chain of stores, distribution chain large corporates.

Target industries
  • 1. Traders/stores: Supermarkets, Pharmacies, Computer/IT & Allied, Electronics, etc.
  • 2. Services: Courier companies, hospitals, dry-cleaning, organized transportation, restaurants, fast-food outlets, beauty shops,
  • 3. Hotels, Airlines, Stores at Airports, Travel Agency, Car Rental, etc.
  • 4. Petroleum: Filling stations, Oil Marketers, Diesel delivery services, Gas refill stations, etc.
  • 5. Wholesale: GSM dealers and shops, organized car dealers and repair outlets, FMCG distribution chain, etc.
  • 6. Institutions: Embassies, Churches, Mosques, Schools, professional organization, etc.

What is the minimum size of merchant business to qualify for POS?
POS equipment is expensive. Therefore, we target merchants that do a minimum of GHS 10,000 turnover per month. The business should also have controlled access to the POS terminals.

Can a merchant have multiple POS machines?
Yes, a merchant with large area coverage or many cashier outlets with high turnover that is in multiples of GHS 10,000 turnover can have multiple POS Machines.

Would I be charged for the cost of the POS device? 
No. The bank does not charge the merchant for the cost of buying the POS device. Rather merchants are charges MSC (Merchant Service Charge) per transaction to offset the cost of the POS and its maintenance

How long does it take to receive a POS after requesting for it?

48 hours

Does the UBA POS accept Mobile Money? 
Yes. It accepts Mobile Money for all networks

Can the UBA POS be customized?

Yes. It can be customized to suit all business needs and sectors

When will I receive the funds in my account after payments?
Payments will be settled into Merchants accounts by the next working day (T+1)
Download POS Request Form

Learn more

Learn more

About UBA Group

Our business strategy is built on being the bank of choice for businesses across the African continent. Using our extensive spread across the continent, we aim to facilitate inter–and-intra-African trade and also be the pivot for the inflow of investment capital

Discover more

Discover more

Discover more