Acquiring for individual entrepreneurs

Acquiring is a service that enables individual entrepreneurs to accept cashless payments for goods and services. Customers can use bank cards and the Mir Pay app on smartphones and other devices for payment.

After a customer pays for a purchase through a terminal, the funds are first credited to the acquiring bank and then transferred to the seller's account. Acquiring comes in two types:

• Merchant acquiring — the ability to make payments using a card through a terminal at the checkout or upon delivery
• Internet acquiring — acceptance of payments for goods and services through online payment systems on the company's website
  

The acquiring fee depends on several factors: the company’s turnover, the number of points of sale, and the specifics of the business. The fee includes:

• Interchange fee (IRF);
• Payment system fees for card usage;
  
• Processing services;
  
• Equipment maintenance;
  
• Additional expenses.
  

The main part of the fee is the interchange fee (IRF), which the acquiring bank pays to the card-issuing bank. The amount of this fee depends on:

• Card category — the higher the card status (standard, gold, platinum), the higher the fee.
• Type of business activity (MCC) — different rates apply to different business sectors.
  
• Payment method — payment using a magnetic stripe is more expensive than a contactless transaction.
  

Yes, this is possible. You can use Acquiring from Uralsib even if your account is opened with another bank. The reverse situation is also possible: you can accept cashless payments from another bank's acquiring service into a current account with Uralsib. At the same time, please note that in such cases the commission and the time frame for crediting funds may differ from the standard terms.

Connecting the service takes 3–5 business days. First, you need to submit an application on the bank's website. After that, a specialist will contact you to уточнения details and prepare the agreement. Immediately after that, the terminal will be delivered and installed free of charge.

If the equipment has stopped working or you are experiencing difficulties processing payments, contact the bank's technical support or your manager. Specialists will promptly help resolve the malfunction and, if necessary, replace the terminal.

The support service is available by phone and online. As a rule, most issues are resolved on the day of contact.