POS-terminal service

TuranBank offers service of installation of POS-terminals at points of sale and service (merchant acquiring services) as a convenient and current method of collecting electronic payments.


This service from TuranBank is free of charge and offers the following opportunities: 


• Electronic payment by customers;
• Potential for steady increase of turnover; 
• Reduction in spending on cash collection services;
• Minimization of cash-related risks;
• Free connection of terminals and training courses on operation of POS-terminals for employees;
• Convenience in connection and operation;
• 24/7 maintenance and support.


Documents required for installation of a POS-terminal:

Individuals

Legal entities

Copy of ID card

Charter of Incorporation (notarized copy)

Tax ID

Extract from the state registry (notarized copy)

Code of the leased property

Specimen of signature (notarized signature)

Duplicate of electronic certificate from Ministry of Taxes

Copy of the Director’s ID card

Copy of the Chief Accountant’s ID card

Resolution on appointment of the Director

Tax ID

Leasing agreement or extract

Code of the leased property

Duplicate of electronic certificate from Ministry of Taxes


POS-terminal tariffs

POS-terminal installation and maintenance by the Bank

Free of charge

Opening of an account

Free of charge

Installation of POS-terminal

Free of charge

Seller training

Free of charge

Technical support

Free of charge

Deposit amount

600 AZN

Minimum monthly commission on POS. 
If POS-terminal turnover is up to AZN 1,000

20 AZN including for 1 POS-terminal

Minimum monthly commission on POS. 
If POS-terminal turnover is over AZN 1,000

1% 

Working hours:
Mon. - Fri. (9:00 - 18:00)
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