For businesses with over AMD 750M annual turnover
Setup of the device
Transaction-based fees are subject to an agreement.
To have a POS-terminal, just visit any
No. Customers will not pay extra fees or higher price for the goods or products received. The same conditions and prices will apply to both cash and cashless payments.
No. The merchant cannot give cash refunds to cardholders for non-cash payments. Chargeback for invalid or canceled transactions can only be provided by a transfer immediately to the card used for payment.
Yes. You should keep copies of card transaction slips for 1 (one) year following the date of the transaction. Upon the Bank request, you will need to provide them to the Bank within 3 (three) banking days following such request.
The POS-terminal installed at the merchant and all the related equipment are owned by the Bank. The merchant will be fully and materially liable for damage to and/or loss of the device.
POS-terminals are connected via GPRS (costs borne by us) or WiFi connection available on the merchant’s premises.