MAHESH BANK

PoS - Merchant Facility

Point of Sale Terminal Service:

Bank is in providing POS services for over 3 years and the business is steadily growing. This is a measure of providing Value Added Service to the merchant community by way of increased turnover through acceptance of cards.

Business Model:

S.No

Description

Particulars *

1

Monthly Rental in case of conventional PoS Machine

Rs.540/-

2

Monthly Rental in case of Cardless PoS Machine

Rs.790/-

3

Merchant Discount Rate

 

 

Debit Card

If Transaction Amount

<= Rs.2000.00

>   Rs.2000.00

 

 

0.75 %

1.00 %

 

Credit Card

Standard Cards

Premium Cards

Super Premium Cards

 

1.70%

2.00%

2.25%

4

Minimum Balance to be maintained

Rs.10,000.00

5

Charges for not maintaining Min. Balance

Rs.250.00

* Service Tax Extra

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