Acquiring in Moscow

Acquiring is a banking service that allows businesses to accept cashless payments. Customers pay for purchases with bank cards, smartphones with  Mir Pay, and via the Faster Payments System (SBP). The funds are first credited to the acquiring bank, which then transfers them to the seller's current account.

There are two main types of acquiring:

• Merchant acquiring. Allows payments to be accepted via a terminal at the checkout or upon delivery.
• Internet acquiring. Used to accept online payments on a website, in an app, or via a payment link.

Connection is completed within a short period. Submit an application on the website, wait for a manager's call, and sign the agreement.

After that, Uralsib specialists will deliver, install, and configure the terminals for operation. The process usually takes up to 3 business days.

The rate is determined based on the company's turnover, the number of retail outlets, and the business sector.

The fee includes:

• interbank fee (IRF);
• payment system fee;
• processing services;
• POS terminal maintenance;
• additional expenses.

The main share is made up of the interbank fee. The acquiring bank transfers it to the bank that issued the customer's card. The rate is affected by:

• Card type. The higher the class of the payment instrument, the higher the fee.
• Business category (MCC code). Each industry has its own tariffs.
• Payment method. Magnetic stripe transactions are more expensive than chip payments or contactless transactions.

The bank offers several different devices so that businesses can choose a solution based on their operating format and workload:

• Fixed terminal. Installed at the checkout and powered by the mains. Suitable for locations with a fixed payment point. If necessary, a PIN pad can be connected.
• Portable terminal. Used in cafés, delivery services, and on-site service. Equipped with a battery and operates without a permanent connection to the power supply.
• Integrated terminal. Connected to the checkout system by cable and supports most checkout software.

Clients can also connect a “3-in-1 cash register” through the bank’s partners; it combines checkout equipment and Uralsib acquiring.

In this case, first restart the device and check the network connection.If the problem persists, contact the bank's technical support or your manager. 

Specialists will help resolve the malfunction or replace the equipment if necessary. Support service contacts are provided in the documents and on the bank's website.