PoS terminals allows merchants to accept payment from customers through Debit / Credit / Prepaid cards.
The facility of making payments through Cards encourages customers to spend more as they are not constrained by cash on hand. This not only results in customer stickiness but also in increased purchases of higher-margin products as well as specialty items.
By accepting payment through cards, sale proceeds are credited electronically in merchant's account as per the agreed transaction cycle.
Use of SBI Merchant Acquiring Services results in fewer Cash transactions and saves your efforts and resources in counting, re-counting, storage of Cash and depositing it in the Bank. This allows merchant to spend more time and focus on important things like managing and growing your business.
The facility of making payment through Credit, Debit or pre-paid cards lead to Customer ecstasy.
Our robust, round-the-clock authorization and merchant acquiring services provides quick response and reliable support in case of network outages and POS terminal malfunctioning. This minimizes downtime, thus enhancing productivity and profitability.
Lower volumes of cash reduces vulnerability to theft.