Acquiring for NPOs

Acquiring is a banking service that allows businesses to accept cashless payments from customers. They can make donations using bank cards or smartphones via Mir Pay.

When paying via a terminal, the customer's funds are first credited to the acquiring bank and then transferred to the organization's current account.

There are two main types of acquiring:

• Merchant acquiring — card payment via a terminal at the office or with an NGO representative.
• Internet acquiring — acceptance of online payments on the organization's website. 

Connecting acquiring services at Uralsib is quick and simple. You only need to submit an application on the website, wait for a manager’s call, and sign the agreement. After that, the bank’s specialists will deliver, install, and set up the terminals free of charge within 1–3 business days.

The acquiring fee is determined based on the company's turnover, the number of points of sale, and the business sector.

The fee includes:

• interbank fee (IRF);
• the payment system fee for card usage;
• processing services;
• equipment maintenance;
• other costs.

The main part of the fee is IRF, which the acquiring bank transfers to the issuing bank. The amount of IRF depends on:

• Card category — the higher the status, the higher the fee;
• Type of business (MCC) — different rates apply to different business sectors;
• Payment method — payments via magnetic stripe are more expensive than contactless transactions.

If the terminal malfunctions, you should contact Uralsib's 24/7 support service or get in touch with your personal manager. Specialists will carry out diagnostics and, if necessary, arrange replacement of the equipment. This will allow the business to accept payments without interruptions.

Yes, Uralsib acquiring is available even if you have an account with another bank. However, please note that its terms may be less favorable. The fee may be higher, and funds may take longer to be credited to the account.