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Recommended Minimum POS / POT Standards & Definitions Updated April 19th, 2017These recommended standards are presented by the NMRA / BMG Task Force as a guideline for facilitating reporting between

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What is recommended minimum pos pot?

The recommended minimum pos pot is the minimum amount of funds that should be maintained in a point of sale terminal to ensure seamless transactions.

Who is required to file recommended minimum pos pot?

Businesses that utilize point of sale terminals are required to file the recommended minimum pos pot.

How to fill out recommended minimum pos pot?

To fill out the recommended minimum pos pot, businesses need to log into their terminal provider's portal and input the necessary information about their POS transactions.

What is the purpose of recommended minimum pos pot?

The purpose of the recommended minimum pos pot is to prevent transaction failures due to insufficient funds in the POS terminal.

What information must be reported on recommended minimum pos pot?

The recommended minimum pos pot should include the current balance of funds in the POS terminal and any pending transactions.

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