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The first bank to introduce the Point of Sale (POS) terminal is ________

  • A.Bank of Baroda
  • B.Indian Bank
  • C.City Union Bank
  • D.Union Bank of India

Answer: D

Correct answer: Union Bank of India

Union Bank of India introduced the first Point of Sale terminal in India - the card-reading device at a merchant’s counter that authorises a payment against the customer’s account.

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