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
