[et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.17.3″ use_background_color_gradient=”on” background_color_gradient_stops=”rgba(9,31,77,0.28) 0%|rgba(234,50,54,0.39) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(9,31,77,0.28)” background_color_gradient_end=”rgba(234,50,54,0.39)” background_image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2023\/01\/Vachan-Clients-300-\u00d7-300-px-1920-\u00d7-608-px-510-\u00d7-288-px-9.jpg” custom_padding=”|0px|120px|0px|false|false” bottom_divider_style=”asymmetric3″ bottom_divider_color=”#ffffff” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_text_color=”#FFFFFF” text_font_size=”16px” text_line_height=”2em” header_font=”||||||||” header_font_size=”40px” header_line_height=”1.4em” background_layout=”dark” max_width=”600px” custom_margin=”||30px|” custom_margin_last_edited=”off|desktop” header_font_size_tablet=”30px” header_font_size_phone=”24px” header_font_size_last_edited=”on|desktop” header_text_shadow_style=”preset3″ global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_button button_url=”#loan-details” button_text=”view services” _builder_version=”4.16″ custom_button=”on” button_text_size=”14px” button_text_color=”#ffffff” button_bg_color=”#003bde” button_border_width=”0px” button_border_radius=”4px” button_letter_spacing=”1px” button_font=”|||on|||||” background_layout=”dark” custom_margin=”|||” custom_padding=”16px|40px|16px|40px|true|true” button_border_radius_hover=”4px” button_letter_spacing_hover=”1px” button_bg_color_hover=”#0053ef” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”on” button_border_radius__hover=”4px” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”1px” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”#0053ef” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_button][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”||10px||false|false” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/suco.bank.in\/wp-content\/uploads\/2023\/01\/Vachan-Clients-300-\u00d7-300-px-1920-\u00d7-608-px-510-\u00d7-288-px-8.jpg” title_text=”Vachan Clients (300 \u00d7 300 px) (1920 \u00d7 608 px) (510 \u00d7 288 px) (8)” _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ _module_preset=”default” custom_css_main_element=”margin:auto;” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_line_height=”2em” header_2_font=”Poppins|600|||||||” header_2_font_size=”30px” header_2_line_height=”1.2em” max_width=”700px” module_alignment=”left” header_2_font_size_tablet=”24px” header_2_font_size_phone=”18px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” text_font_size=”16px” text_line_height=”2em” header_font=”Poppins|600|||||||” header_font_size=”40px” header_line_height=”1.3em” text_font_size_tablet=”16px” text_font_size_phone=”14px” text_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]We had issued earlier Circular No. 48\/2016-17 regarding the same subject. Now we felt that additional information is to be conveyed to the branches. Hence keeping in mind to provide all guidelines in one place to avoid confusion we are issuing this Revised Circular covering all existing and additional guidelines.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Features” module_id=”loan-details” _builder_version=”4.16″ custom_padding=”0px||0px||true|false” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.16″ locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.17.3″ text_font=”||||||||” header_font_size=”40px” header_line_height=”1.3em” header_2_font=”Poppins|600|||||||” header_2_font_size=”32px” header_2_line_height=”1.6em” module_alignment=”center” header_2_font_size_tablet=”24px” header_2_font_size_phone=”18px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.17.3″ locked=”off” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Introduction ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Margin-Gold-Loan-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]Merchant POS refers to Merchant Processing Services, which enable a business to accept a transaction payment through a secure (encrypted) channel using the customer’s credit card or debit card or NFC \/ RFID enabled device. Merchant POS will help the merchant accept all cards: RuPay, VISA, VISA ELECTRON, MASTERCARD and MAESTRO issued globally. For this, the Merchant needs to procure POS machines (from the Bank). The android will be installed at the Store \/ Merchant\u2019s place of business or location and will provide Instantaneous Card Validation, Charge Slip Generation, and Finally Electronic Settlement at the End of Day. Payment of these transactions will be made via a credit to a predetermined Bank Account on the next working day. [\/et_pb_blurb][et_pb_blurb title=”How it works” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Prequisite-Conditions-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]To facilitate digital transactions, the Merchant has to set payment infrastructure like POS machines and they have to start a unique \u2018Merchant Account\u2019 with a Bank to avail payments from the Customers. As the Bank provides payment services, the Merchant has to give a payment to the Bank for using the payment infrastructure set up by the Bank. This payment is called Merchant Discount Rate (MDR).[\/et_pb_blurb][et_pb_blurb title=”PROCUREMENT MODELS” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/GPRS-POS-machine-1.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n
Merchant customers after selecting the type of POS machine of their choice, they have to select the mode of payment for the purpose of procurement of the machine. There are two types of payment systems for procurement of machines.<\/p>\n
(i)\u00a0 \u00a0One Time Cost & Monthly Rentals
(ii)\u00a0 Monthly Commercials Charges
(iii) Free POS machine
(iv)\u00a0 Monthly service charges<\/p>\n
[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.17.3″ custom_padding=”|||” custom_css_main_element=”margin:auto;” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Support Material ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Insurance-of-stock-GL.png” icon_placement=”left” content_max_width=”400px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]Necessary stationery including EDC rolls and promotion materials like pamphlets,glow sign and stickers stating acceptance of credit cards shall be provided and stocks of the same shall be replenished promptly as and when required. Sarvatra will facilitate this via ICICI.[\/et_pb_blurb][et_pb_blurb title=”New Android POS MACHINES ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Storing-of-Goods-GL.png” icon_placement=”left” content_max_width=”1100px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n
An Android point of sale (POS) system is essentially a wireless, portable cash register for smartphones and tablets with an Android Operating System<\/strong>. An Android mPOS eliminates the need for a clunky cash register and can carry out all of the functions of a traditional POS terminal plus more.<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”Benefits to Bank” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/MPOS-machine.png” icon_placement=”left” content_max_width=”1100px” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px|20px|30px|20px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” overflow-x=”scroll” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Procurement Cost for Android Type ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/GPRS-POS-machine-1.png” icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n There are 3 types of payment mode for procurement cost of machine under GPRS type, which are as under.<\/p>\n Customers have to select any one mode of payment and request the branch through a letter specifically for this purpose.<\/strong><\/p>\n (a) One Time Cost & Monthly Rentals<\/strong><\/p>\n If the Customer wants to purchase the machine by investing one time cost at the beginning and to avail the benefit of low monthly rental payment can opt this type of payment for procurement of Android pos machine.<\/p>\n [\/et_pb_blurb][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” text_orientation=”center” overflow-x=”scroll” custom_margin=”0px||||false|false” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_blur=”12px” box_shadow_color=”rgba(0,0,0,0.09)” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_blurb icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” hover_enabled=”0″ border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n (b) Monthly Commercial Charges<\/strong><\/p>\n If the customer wants to maintain a large amount in his Current account, he can opt for this type of payment for procurement of machines since it has no one time cost & installation charges and monthly rental charges are in reduced slabs as mentioned here below.<\/p>\n [\/et_pb_blurb][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” text_orientation=”center” overflow-x=”scroll” custom_margin=”0px||||false|false” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_blur=”12px” box_shadow_color=”rgba(0,0,0,0.09)” global_colors_info=”{}”]<\/p>\n Current\u00a0 Account\u00a0 Balance<\/strong><\/p>\n<\/td>\n [\/et_pb_text][et_pb_blurb icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n (c) Free POS machine <\/strong><\/p>\n If he maintains an One lakh average amount in his celebration Current account, he can get a free pos machine for procurement but if he wants QR Code on Same device he has to pay 1000 + GST (one time) Non Refundable.<\/p>\n (d) Monthly service charges<\/strong><\/p>\n If the customer maintains an fifty thousand average amount in his freedom Current account, he can get a free pos machine and he has to pay monthly service charges. If he wants QR Code on Same device he has to pay 1000 + GST (one time) Non Refundable.<\/p>\n [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Important Points for Merchants ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/GPRS-POS-machine-1.png” icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”Transaction Charges ” image=”https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/GPRS-POS-machine-1.png” icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”]Transaction charges are to be borne by the merchant. After deducting transaction charges from the bill amount of his customer. The net amount will be credited to the Merchant\u2019s Current Account maintained with our Bank. Transaction charges are as under. [\/et_pb_text][et_pb_blurb title=”Note :” icon_placement=”left” content_max_width_tablet=”550px” content_max_width_last_edited=”off|desktop” _builder_version=”4.17.3″ header_font=”Poppins|600||on|||||” header_font_size=”12px” header_letter_spacing=”1px” header_line_height=”1.6em” body_font=”||||||||” body_line_height=”2em” background_color=”#ffffff” custom_padding=”30px||30px||true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_vertical=”10px” box_shadow_blur=”60px” box_shadow_color=”rgba(39,39,52,0.06)” locked=”off” global_colors_info=”{}”] For further clarifications Branches may contact the following officials to overcome the issues : [\/et_pb_blurb][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” text_orientation=”center” overflow-x=”scroll” custom_margin=”0px||||false|false” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_blur=”12px” box_shadow_color=”rgba(0,0,0,0.09)” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" MERCHANT BANKINGMERCHANT BANKINGWe had issued earlier Circular No. 48\/2016-17 regarding the same subject. Now we felt that additional information is to be conveyed to the branches. Hence keeping in mind to provide all guidelines in one place to avoid confusion we are issuing this Revised Circular covering all existing and additional guidelines.SALIENT FEATURES OF MERCHANT […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"class_list":["post-245507","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/comments?post=245507"}],"version-history":[{"count":6,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245507\/revisions"}],"predecessor-version":[{"id":245597,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/245507\/revisions\/245597"}],"wp:attachment":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/media?parent=245507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n\n
\n One Time Cost<\/td>\n Rs. 11000 + Service Tax<\/td>\n<\/tr>\n \n Installation Charges<\/td>\n Rs. 1500 + S.T.<\/td>\n<\/tr>\n \n QR Code on Same device (one time) Non Refundable<\/td>\n Rs. 1000 + S.T<\/td>\n<\/tr>\n \n Monthly Rent<\/td>\n Rs. 300 + S.T<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n \n Commercial Charges<\/strong><\/td>\n<\/tr>\n \n Rs. 25000 \u00a0 –\u00a0 50000\/-<\/td>\n Rs. 500 + ST<\/td>\n<\/tr>\n \n Rs. 50001 \u00a0 –\u00a0 75000\/-<\/td>\n Rs.400\u00a0 + ST<\/td>\n<\/tr>\n \n Rs. 75001 \u00a0 –\u00a0 100000\/-<\/td>\n Rs. 300 + S.T<\/td>\n<\/tr>\n \n Above \u00a0 Rs. \u00a0 100000\/-<\/td>\n NILL<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n
\nMDR: Below table shows the percentage of Transaction Value that the Merchant needs to pay to the Acquirer Bank.[\/et_pb_blurb][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” text_orientation=”center” overflow-x=”scroll” custom_margin=”0px||||false|false” custom_padding=”10px|10px|10px|10px|true|true” border_radii=”on|8px|8px|8px|8px” box_shadow_style=”preset1″ box_shadow_blur=”12px” box_shadow_color=”rgba(0,0,0,0.09)” global_colors_info=”{}”]<\/p>\n\n\n
\n No<\/strong><\/td>\n Parameter\u00a0<\/strong><\/td>\n % of Transaction Value<\/strong><\/td>\n<\/tr>\n \n 1<\/td>\n Debit card transaction<\/td>\n \n \n
\n 2<\/td>\n Consumer Credit Card<\/td>\n 1.40%<\/td>\n<\/tr>\n \n 3<\/td>\n Premium Credit Card<\/td>\n 2%<\/td>\n<\/tr>\n \n 4<\/td>\n Super Premium Credit Card<\/td>\n 2.50%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Issues<\/strong><\/td>\n Name of the Officials<\/strong><\/td>\n Cell Number<\/strong><\/td>\n<\/tr>\n \n Any other Clarifications about the product & Operational issues<\/td>\n Mr. Devaraj, Merchant Banking Dept. at HO<\/td>\n \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 99016 32050<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n