Point of Sale

WHAT IS PoS (POINT of SALE) TERMINAL?

PoS or Swipe Machine as it is popularly known is a technological instrument provided to a Merchant Establishment (ME) to carry out the sale of goods or services to customers in a cashless environment. All the customer has to do is swipe his/her Debit, Credit or Prepaid Card.

Give your business a professional touch by installing a PoS (Point of Sale) terminal.

Features & Benefits:

Faster application processing and terminal installation.

Superior connectivity with GPRS/WIFI.

Settlements on T+1 basis.

Assured support on technical issues.

Nominal fee / Monthly charges

No hidden charges

Bank accepts varieties of cards like Visa, Master, Rupay card and Discovers cards.

ELIGIBILITY:

The merchant should have a current account with a branch of the bank with a satisfactory account operation.

The merchant should be in retail/over the counter trade and shall not be in Visa/MasterCard negative list for malpractices.

COMMISSION

As per applicable charges.

HOW TO APPLY:

It’s a simple process where the merchant has to visit near branch and enter into an agreement with the bank with proper documentation. This application has to be processed through the bank branch where the merchant has the current account.

You can contact your bank branch for further details.

TERMS & CONDITIONS

As per the Merchant Agreement, Please contact your nearest branch for further details.