Our Point of Sale (POS) system is for Retail outlets, Hotels, Club/bar, Hospitals and anywhere money is used in exchange for goods and services.
They are touch screen devices that are not only good for receiving payments but are also convenient to use and easy to store, without taking up space. A good cash flow tracker and data collection tool.
||Cost of Product
||Frequently asked Questions
Accepts all local cards
Merchants get daily email alerts for their transactions
Can be customized to meet merchant’s business needs
Guaranteed settlement of merchant’s account within 24 hrs
Payment is carried out on a secured platform
Provides online access to transactions for adequate monitoring
PoS cost – Free
Customized PoS application cost – Free
Monthly network subscription cost – Free
Transaction fees (Hotels) – Local Cards – 1.25%, International Cards – 5%
Transaction fees (General Merchant/Retail stores) – Local Cards – 0.75%, capped at 1200 and International Cards – 3%
How do I get settled? Settlement cycle is Transaction day plus one working day.
Are customers settled per transaction? No, settlement is done in bulk.
How do customers get a breakdown of what was settled? Daily email alert of the breakdown is sent to customers’ email.
How to get this product
To get our PoS, simply open a business account with us and fill the Merchant Application Form. You can download the form here or visit any Fidelity Bank branch.
How is this product different from others in its category?
Daily breakdown of settlement alert is sent to merchant’s email for proper documentation and reconciliation.
International card can be accepted on the PoS upon request from merchant and execution of indemnity form with the bank.