Acquiring for mobile commerce

First, you need to fill out an online application on the bank's website. After it is processed, a manager will contact you, clarify the details, and select suitable terms. After that, all that remains is to sign the agreement and arrange the equipment installation time. The bank's specialists will deliver and set up the terminals free of charge. 

The entire process, from submitting the application to starting to accept payments, usually takes from three to five business days.

The fee amount is determined based on the company’s turnover, the number of points of sale, and the specifics of the business. The tariff includes:

• interchange fee (IRF);
• payment system fee for card usage;
• processing services;
• equipment maintenance;
• other operating expenses.

The largest share of the fee is IRF. This is a payment that the acquiring bank transfers to the card-issuing bank. Its amount is determined by:

• card category (standard, gold, platinum): the higher the status, the higher the fee;
• type of activity (MCC): different rates apply to different industries;
• payment method: magnetic stripe transactions are more expensive than contactless payments.

If the terminal has stopped working or payment cannot be processed through it, contact Uralsib's 24/7 technical support. You can reach the specialists via the hotline phone number or through the online chat. You can also contact your personal manager directly. 

Specialists will promptly carry out diagnostics and help resolve the malfunction. If necessary, the bank will replace the equipment free of charge.

Several acquiring equipment options are available at Uralsib. This allows you to choose the optimal solution for any business format:

• Stationary terminal — installed at the checkout, operates from the mains, and is suitable for retail outlets with a fixed payment location. If necessary, a PIN pad can be connected.
• Portable terminal — convenient for mobile trade and courier delivery. Equipped with a battery and operates autonomously without connection to the mains.
• Cash register terminal — connected by cable to cash register equipment and compatible with popular payment acceptance services.

The client can also connect a modern 2-in-1 cash register that combines a cash register and merchant acquiring. If desired, for an individual entrepreneur or LLC, the bank can connect the Faster Payments System (SBP) with output to the device display.

Yes, it is not mandatory to open a current account with the acquiring bank. Uralsib Acquiring can be connected even if you have an account with another credit institution.

However, it is important to consider the key nuances: when using a third-party account, the bank may set less favorable terms. For example, increase the fee or extend the settlement period.