Point of Sale (PoS) terminal is like a digital cash register that enables a merchant to accept payment from his/her customer through debit/credit/prepaid card or QR scanning. It includes a screen, scanner and printer making transactions smoother and faster for business.
BOI
- Quick Deployment of POS Machine at Merchant Location
- Safe and Secure Payment
- Zero Installation charges
- Zero rental facility for high-value customers
- Deviation in MDR for deserving customers
- Merchant transaction credit on T+1 basis including holidays
- Daily POS transaction statement is directly sent to registered E-mail ID
- Providing services to Pan India
- No hidden costs
BOI
- Acceptance of Visa, MasterCard, Rupay Card
- NFC-enabled terminals facilitating fast payment
- Providing Mobile Application for Real-time transaction monitoring
- Acceptance of International Card
- EMI Facility available
- Customized POS Solution
- Dynamic QR Code facility available
- Cash @ POS facility available
BOI
All business entities typically engage in retail sales, hospitality services or other customer-facing transaction having valid proof of business (Business establishment Registration), address proof, photo identity proof of the proprietor/partner/key promoters etc.
BOI
- Merchant's KYC document
- Merchant's PAN card
- Business Registration/EstabIishment Certificate
- Business Address Proof
- Any other documents as per Bank's requirement
BOI
Merchant Discount Rate (MDR) or Merchant Discount Rate, is a fee paid by the merchant to its bank for accepting payments via debit card, credit card, Pre-Paid cards and QR code. This is typically calculated as a percentage of the transaction value undertaken through the cards or QR code. Bank decides MDR charges based on category of merchant as per government and RBI guidelines
BOI
- Android POS (Version 5): Wireless Android Terminals supporting 4G/3G/2G, Bluetooth, 5-inch full touch HD Screen, accepts virtual cards, Bharat QR, UPI, Aadhar Pay etc.
- GPRS(Desktop): SIM Based GPRS terminals with charge slip (Printing of Charge Slip)
- GPRS(HandheId): SIM Based GPRS terminals with charge slip (Printing of Charge Slip)
- GPRS (with e-Charge Slip): SIM Based GPRS terminals with e-charge slip (Non - Printing of Charge Slip) (e-charge slip is sent on customer's mobile through SMS)
For More Details, Please Contact Your nearest BOI Branch with the following Documents: Identity proof, Address proof, Business Establishment proof