(MENAFN - Muscat Daily) BankDhofar has introduced a new Point of Sale (POS) device which utilises the latest technology currently on the market providing retailers with advanced functionality and capabilities.This unique device will allow merchants to process payments promptly and securely, from credit cards and debit cards and smart chip cards.Taking advantage of the latest General Packet Radio Service (GPRS) wireless communication technology, the devices will have an extended coverage area and increased flexibility.They will incorporate a Near Field Communication (NFC) infrared scanner which removes the need to swipe thus making the payment process for both the retailer and the customer more efficient.The scanning system makes it easier to service customers in a quick and effective manner and decreases the amount of time they have to spend waiting in line, making for a much speedier payment process time.Further more users, will enjoy the benefit of dynamic currency conversion, which means they will be charged only for one transaction when abroad. They will also find that their cards are accepted in more locations. Ali Taqi, senior manager, card centre, BankDhofar, said, ''In today's fast-paced consumer retail market, it is important that retailers can offer their customers a convenient and hassle free means of paying for their purchases."BankDhofar's latest POS machines operate using the most up to date technology on the market, which has very advanced features. Our POS terminals are cost effective and simple to use as well as being secure.''BankDhofar is always at the forefront in introducing technology driven solutions to allow for greater convenience for its customers.BankDhofar's POS devices facilitate greater speed, efficiency and cost effectiveness as well as adhering to the highest international security standards and are Oman switch certified.POS systems are an important component of any retail led business and if used properly can increase business profits and give a good return on POS equipment investments.