POS-terminals

POS-Terminals

For businesses with up to AMD 750M annual turnover

When it comes to non-cash payments, a tool to accept such payments nowadays is a must for merchants and service providers. Our POS-terminal installation service is specially designed to help you handle this issue.

Payments via POS-terminals have a number of advantages:

  • Convenient, quick and reliable way of payment processing
  • Easy to control and secure payments 
  • Free technical support and related supplies
  • Free training for cashiers
  • Setup of POS-terminals within 4 business days only

Setup

Setup of the device is free.

Fee

Transaction-based fees are subject to an agreement

Acceptable types of cards

Our POS-terminals accept ArCa, MasterCard, Mir and Visa cards, both credit and debit ones.

Handheld POS devices

We also offer handheld devices to make the payment process more convenient.

Safety and security

For noncash payments via POS-terminals, we use cutting-edge technology and devices meeting international standards and applicable security requirements.

Are you interested?

Just fill-in the form and we will contact you back

FAQ

How can I apply for a POS-terminal?

To have a POS-terminal, just visit any branch of the Bank and fill in the Merchant Registration Application form.

Will cardholders be charged any fee if payments are processed via a POS-terminal?

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 non-cash payments.

Can the merchant give cash refund to the cardholder for a card transaction?

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.

Do I need to keep the transaction slips?

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.

Who is the device owner and what are the consequences of damage to and/or loss of the device?

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.

How are POS devices connected?

POS-terminals are connected via GPRS (costs borne by us) or WiFi connection available on the merchant’s premises.

For more details about bank accounts click here.

The only thing you need to do is visit the bank, sign up for the service by filling in Merchant Registration Order-Agreement and avail yourself of the benefits of POS-terminal service terms:

  •  Free installation of the device
  •  Free maintenance and related supplies

Setup of POS-terminals takes 4 business days only. 
*The per-transaction fee is negotiable.

Last updated on 29.09.2021, 10:48