Mobile POS

Make your business more flexible with AEB Mobile POS

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

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

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