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OTP Bank started providing trade acquiring services

OTP Bank started providing trade acquiring services

OTP Bank has introduced a service for trade and service enterprises - trade acquiring.

OTP Bank's clients will be able to rent or purchase two types of terminals - a stationary POS terminal or an Android terminal, on which one can install a registrar of settlement transactions.

Android-POS terminal replaces 3 devices, namely a computer or tablet with an installed software for accounting of goods/services, a trading terminal for receiving payment plastic cards, a fiscal machine (including a printer for fiscal receipts).

The terminals offered to customers accept plastic cards of international payment systems (Visa and Mastercard) and NPS "Prostir", and any modern payment instruments (smart watches, mobile phones with NFC technology, etc.).

It is also possible to install a "multimerchant" function, which allows several companies to use one POS-terminal, while payments for goods and services will be separated.

Among the advantages of trade acquiring from OTP Bank is quick verification of documents and individual approach to each client. The tariff for settlements is 2% of the transaction amount. Connecting a POS terminal is free.

“Trade acquiring helps increase sales by attracting customers who are accustomed to paying with payment cards and smartphones, and thus increase their loyalty and increase the "average check". In addition, receiving non-cash funds reduces the cost of collection, and in quarantine meets the requirement of time – to minimize contact through cash,"- said Alyona Osadchenko, head of partner programs at OTP Bank.

We would also like to inform you that OTP Bank offers its clients to issue Internet acquiring, which allows accepting payments on the client's website, information can be found at the link.

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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.

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