MOBILE POINT OF SALE (mPOS)… a lighter way to get paid

Prior to 2012, businesses were typically dependent on cash or cheques as tender due to the costs and criteria for onboarding a business accounting system.

However, since 2012, with the explosive growth of small, low-ticket businesses such as hair dressers, market traders and street vendors,accepting payments on the go has become inevitable.

Point of sale (POS) is the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service.

Diamond Bank introduces the mPOS solution:

An mPOS (mobile point-of-sale) is a smartphone, tablet or dedicated wireless device that performs the functions of a point of sale terminal (POS) and a cash register.

Existing large retailers are adopting the Mobile POS solutions and integrating them into their current point-of-sale environment to enhance the retail and payment experience.


  • Faster, easier, secure and convenient payment process.
  • Security for employees (no need for carrying cash to/from customer’s locations).
  • Improved customer service.
  • Faster, easier, secure and convenient payment process.
  • Inventory management.
  • Easy to use and carry about (very portable).
  • Can generate e-receipts – receivable by SMS or email.
  • Manage both card and cash payment.
  • Low cost on device.
  • Easier reconciliation of returned goods.
  • Convenience of sales on the go leading to increase in revenues.
  • Data opportunity for consumer behavioural analysis.

For enquiries on the Diamond mPOS service, please contact our 24 hour contact center on 0700 3000 000 or email