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POS terminals
Rules
- In payment terminals installed at commercial facilities, the commission fee for transactions is paid by the business entity.
Amounts processed through POS terminals are transferred by the Bank to the business entity on the next day following the execution of the “end of day” operation.
A monthly commission fee of 15 AZN may be charged from customers whose POS terminal turnover is less than 1000 AZN per month and who do not use, or use minimally, other banking products.
In cases marked as “according to agreement,” tariffs are determined based on the proposal of the branch and department and approved by the relevant Management Board member.
POS terminal terms – ASB for fast and secure cashless payments
| Service Name | Amount / Condition | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Installation of POS terminals at commercial facilities | 0 AZN | No data | No data | No data | No data | No data | No data | No data | No data |
| Sending codes to tax authorities | 0 AZN | No data | No data | No data | No data | No data | No data | No data | No data |
| Monthly service fee | 0 AZN | No data | No data | No data | No data | No data | No data | No data | No data |
| Commission for POS terminal transactions (paid by the merchant) | Of monthly turnover: | No data | ASB and Millikart member banks – 1% | No data | Non-Millikart members and/or foreign banks – 2% | No data | 2–12 months installment sales – based on agreement | No data | Bonus calculations – based on agreement |
| Re-registration of POS terminal to another person | 0 AZN | No data | No data | No data | No data | No data | No data | No data | No data |
| Cancellation of POS terminal registration | 0 AZN | No data | No data | No data | No data | No data | No data | No data | No data |