Merchant Channels

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COMING SOON

MERCHANT CHANNELS

MERCHANT CHANNELS

BENEFITS

  • Need not carry cash, which is risky.

  • Maintains higher balances in the account resulting in higher interest on deposits.

  • Saves time and money in visiting bank branch / ATM to withdraw money and spend the same at merchant outlet, who has to again deposit the same in Bank.

  • The time saved results in lower cost and higher productivity as time saved can be gainfully utilised

BENEFITS OF MERCHANT ACQUIRING

BUSINESS TO MERCHANT

  • Cash handling is avoided

  • The customer stickiness to merchant increases due to the facility.

  • The customers have tendency to higher purchases/impulsive buying while using the card than cash, thus more sales and higher profits.
  • Additional revenue stream from value added services.

  • The facility can also have provision for customer loyalty points which are widely used to attract the customer to the outlet repeatedly.

ACCEPTED

CARD TYPES AND SCHEMES

Debit Cards

Accepted on PoS

Credit Cards

Accepted on PoS

Prepaid Cards

Accepted on PoS

VISA

Accepted on scheme on PoS

Union Pay

Accepted on scheme on PoS

Master Card

Accepted on scheme on PoS