Quick Payments

Better Customer Service

Ensure secure and cashless transactions

Minimal Charges**

  • The Merchant desirous of availing facility of acquiring business must have an Operative Account (Saving / Current / Overdraft or Cash Credit) with Bank of India.

Documents required for Availing POS terminals and QR Code Kit

  • Signed Application in the prescribed format completed in all respects.
  • Ensure account is KYC compliant (Copy of PAN/Aadhar/GST etc. should be on branch record)
  • GST Registration number is mandatory for the merchants availing for POS terminals, if the annual credit turnover exceeds 20 lakh and for the issuance of UPI QR Code Kit, the monthly UPI transaction turnover exceeds 50,000 Rupees.

How to Avail Bank of India Merchant Solutions
To avail the Bank of India Merchant Acquiring Services, Merchant may visit nearest BOI Branch.