Abstract: According to a first aspect, there is provided a POS terminal for permitting a transaction indicating an amount that is less than a threshold amount, the POS terminal comprising: at least one processor; and at least one memory including computer program code; the at least one memory and the computer program code configured to, with the at least one processor, cause the POS terminal at least to: receive transaction data relating to the transaction, the transaction data indicating the amount; determine if the amount indicated in the transaction data is less than the threshold amount, the threshold amount referring to an amount that the POS terminal is authorised to permit; and permit the transaction to proceed in response to the determination if the amount is less than the threshold amount.

Abstract: A method and system for facilitating payment card based financial transactions are provided. A server system associated with a payment network receives an input provided by a user using an electronic device. The input is capable of uniquely identifying the user. The server system is configured to retrieve information related to one or more payment cards linked with the user if the user is successfully identified using the input. Subsequent to successful identification of the user, a prompt is displayed on the electronic device for seeking selection of a payment card for executing a financial transaction from the user. The server system receives a user selection of a payment card from among the one or more payment cards and facilitates processing of the financial transaction based on the user selection of the payment card.