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Mobile POS

Make your business more flexible with AEB Mobile POS
Application

What is the Mobile POS ?

Mobile POS is a payment terminal, allowing the business to accept the payments in the smartphone from anywhere instead of the traditional POS terminal.

The payments are made in a fast and simple way, it is just necessary to bring the card to the smartphone.

This method of payment is more convenient especially for portable businesses-to companies providing food and delivery services (cafes, restaurants, etc).

• Accept payments from a place convenient for You
To accept a payment is necessary just to hand a smartphone at hand instead of POS terminal

• Comfort
You no longer need to have POS terminals to accept payments, you just need to download the application application

• Flexibility
Due to the Mobile POS Your business will become more flexible reducing the time of person accepting payments

• Be secure

The mobile terminal is secured with all the necessary security requirements

• 24/7

Acceptance of payments 24/7 and providing support

How to install a Mobile POS

Fill in an application and our specialist will contact YOU within one working day

Fill in an application

General information

  • Mobile POS payment terminal is a facility of accepting by smartphone
     
  • The activation of Mobile POS payment terminal is possible to make with smartphones with Android 8.1 and higher software, NFC enabled.
     
  • Minimum turnover amount*
    If the monthly turnover realized through Mobile POS application is less than AMD 50,000, the monthly maintenance fee (taxes included) is AMD 1,000
    * the total of transactions executed through all POS terminals activated in the given TSP during the calendar month is taken as a basis for turnover
  • POS terminal agreement termination fee (including taxes)
    In case of early termination of the agreement within one year after activating Mobile POS application, a monthly maintenance fee (taxes included) is AMD 10,000
     
  • The service is available both for legal entity and PE clients.
     
  • It is possible to accept payments with credit and debit cards (including with Apple Pay, Google Pay methods of payment) through the service.
     
  • The process of activating the service by the bank usually lasts up to 5 (five) working days, but is possible to activate in shorter periods, which is subject to discussion between the trade/service point and the Bank.
     
  • The rates of commissions charged by the Bank for non-cash transactions for the service are defined on a contractual basis according to the service points. Moreover, the Bank does not set a service activation fee.
     
  • The bank serves the cards of the following payment systems:
    - Armenian Card (ArCa)
    - Visa International
    - Europay, MasterCard
    - NSPK(MIR)

You can get acquainted with the guidebook of servicing the payment cards of ArmEconombank OJSC here

You can familiarize yourself with the current tariffs in the bank here 

Updated: 11/10/2023 11:07
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