Merchant Acquiring Services
Merchant Acquiring Services are provided by banks to enable businesses to accept card payments. We connect your company with a trusted acquirer to ensure that your company receives the best service at the lowest possible cost and price. With our state-of-the-art credit card machines, your customers can pay with any card, including debit cards, credit cards and mobile wallets such as Apply Pay, Samsung Pay and Google Pay. Our services revolve around the concept of making card payment processing easily accessible to everyone. Our credit card machines accept Visa, Mastercard, American Express, CUP, JCB and Discover cards.
In today’s competitive business world, merchants are looking for way to enhance customer experience and improve their service. Businesses spend thousands of dollars to upgrade their equipment and merchandise. The R&D departments of established businesses spend time and effort to find easy and reliable payment solutions through merchant acquiring services.
This focus on ease and facilitation of customer has lead the businesses to take steps that were considered costly and unnecessary in past. The criteria of profitability has changed in last decade or so. Those companies are considered more profitable and sustainable who offer better service and experience to their customers. Today in the ago of Twitter, Facebook, Instagram and Tiktok, it is difficult for businesses to ignore customer satisfaction. If they are unable to cater to the needs of their customers, they are bound to be doomed.
So as a business owner, think about all the steps of customer experience, from beautiful and thoughtful displays to air conditioned stores, polite staff and targeted marketing campaigns, would you at the end of sales cycle, want your customer to have a bad experience at the payment stage? Oh! Mr. Customer, Cash only! we do not accept cards. This will be a disaster.
Now a days in the post covid business environment, customers are hesitant to carry and exchange cash. This has resulted in a spike in demand for merchant acquiring services and card payments. SME merchants were reluctant to use card payment methods due to higher fees by schemes. Now these SME merchants are slo keen to have these swipe machines due to high demand from their customers. Card schemes like Visa and Mastercard have reduced their interchange rates to facilitate and benefit these SME merchants.
Merchant Acquiring Services – Fees & Charges
Our merchant acquiring services offer very competitive processing fees for all card types. For merchant acquiring services, you will be charges a simple one time setup fee with no annual or monthly charges for your credit card machine. You will never be charged any additional fees/ We provide lifetime free customer support. This includes free replacement of faulty credit card terminals, free paper rolls, free daily statements and monthly VAT statements for all card transactions.
Fast & Easy Payment
Payment process of our merchant acquiring services is the easiest and fastest. All you have to do is ask your customer to pay with their credit or debit card and we will do the rest. Just check your bank deposit the next business day! we will help you to get on tract to grow your business using our credit card machine. Accepting card payments will improve your business image and credibility too.
Customers see you as a more reliable company compared to cash-only competitors when you offer card payment through a reliable merchant acquiring services. We have the fastest approval and installation in United Arab Emirates. The card machine is ready to accept payments when it is delivered to you. POS machines of our merchant acquiring services are supported by high security standards and cannot be hacked or compromised by intruders. Your payment will be processed immediately by your card payment machine and will be credited to your bank account within 24 hours. Our state-of-the-art POS terminals have wireless connections so you can accept payments anywhere in UAE.
Our POS machines are extremely durable and is equipped with a powerful battery that will help merchants use it all day without worrying about recharging the POS terminal. The signal strength of our terminals is of the highest quality allowing successful credit card payment in skyscrapers and basements. Even though our POS terminals are of exceptional quality, we still offer lifetime warranty for these POS terminals. Hence if your card machine stops working for some reason, we will replace it with a new POS terminal completely free of charge. For these reasons our merchant acquiring services are highly recommended and sought after by businesses all over UAE.
Benefits of Card Swipe Machine
- Fastest processing in UAE.
- Android terminal with reliable and easy-to-use software.
- GPRS terminals. Does not require landline connection.
- SIM charges are GPRS services are paid by the service provider.
- WIFI connectivity is available on all models of POS terminals. This will allow you to take contactless payments from customers.
- Our terminals are equipped to take payments through Apple Pay and Samsung Pay.
- All cards from major issuers are accepted by our terminals.
- Secure and Safe payments with end-to-end encryption.
- Next day credit guaranteed.
- 24/7 Helpdesk Support.
- Free paper rolls delivered to merchant’s door step.
Whether you are a new startup, established mainland company or a FreeZone company, we will be able to get you approval. We offer merchant acquiring services in all emirates of UAE.
Documents required to apply for merchant acquiring services are listed below:
- Trade License
- Memorandum of Association
- Emirates ID, Passport nd Visa copies of all partners
- Power of Attorney (If any)
- Rent Agreement
- Bank statement or Welcome Letter from bank
Process of Approval
Congratulations! you have decided to take your business to the next level by facilitating your customers with an alternative mode of payments i.e. Card Payments. To get the service, you will have to apply for the service. We will help you through the process in filling the application, completing all the required documents and answering all the KYC questions which will help the acquirer to access your application and make the decision of approving or declining the service to your business. With the help of our experienced team, we have successfully got approval for all kind of businesses, ranging from SME to large corporate businesses with very complex company structures.
Our team member will visit your place of business to get the application sign and stamped. With his experience, he will be able to guide you with the required documents listed above. In some cases, the acquirer will ask for additional documents to get clearer picture of your business. Our Relationship Manager will guide you in any such case. Photos of the business premises are also required, which are taken by our team member.
Your application will be then submitted to the acquirer and followed up for speedy approval. Upon approval of your application, you will be notified through your email. The POS team then prepares the terminal and is then handed over to the installation team.
The installation team will bring the terminal to your business premises and give training to you and your staff.