Mobile POS
Make your business more flexible with AEB Mobile POSMobile 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).
- The activation of Mobile POS payment terminal is possible to make with smartphones with Android 8.1 and higher software, NFC enabled.
- 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.
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
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
- It is possible to accept payments with credit and debit cards (including with Apple Pay, Google Pay methods of payment) through the service.
- You can get acquainted with the guidebook of servicing the payment cards of ARMECONOMBANK OJSC here
- You can get acquainted with the information bulletin of POS terminals of ARMECONOMBANK OJSC here.