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The POS is an automatic payment terminal that allows merchants to receive, in their current account and after the closing of accounts, the amount referring to the payment made by their Customers by means of their debit or credit cards.

Benefits

Increased security
It minimizes the risk of cash shortage, fraud, or theft.
Increased flexibility

It provides your Customers with an additional form of payment in addition to cheques and cash.

Increased convenience

After closing, the merchant receives the money in the account immediately, without the risk of collection or need to travel to the Bank to make the deposit.

Increased profitability

Possibility to capitalize the treasury of your business through subscription to the POS+ product, with treasury support solutions and remuneration of the current account.

Features

Millennium bim has two types of POS: 

  • Fixed POS; 
  • Mobile POS GPRS/GSM.

(+258) 21 35 00 29, (+258) 21 35 00 30 or (+258) 21 35 00 31.

To acquire a POS, it is necessary to hold a current account in meticais and formalize the POS membership contract, at any Millennium bim branch. 

For each POS installed, commissions are charged according to the payment modality chosen by the Merchant (annual or monthly) and the type of POS. The applicable fees are published in the Bank’s Schedule of Charges, available for online consultation or at any Millennium bim Branch. 

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