MEPS offers the most complete suite of point-of-sale (POS) merchant solutions, including merchant credit/debit processing, gift/loyalty cards, e-commerce, and mobile payment. We offer industry-specific merchant solutions that are tailored to your precise business needs.
All the private POS acquired, with the assistance of the Bank, shall be connected to a Transaction processing company and all such machines shall provide access to cards.
- MEPS shall acquire at its own cost and expense, Private POS and provide it to the merchants under closed loop for the usage of Payment Cards of its Customers by allowing purchases by each User by use of the Card.
- Solicit merchants to accept the network-branded payment cards and relevant electronic payment services
- Ensure that merchant meets the network requirements for financial stability and other conditions
- Provide merchant with the necessary PoS equipment and training
- Sign merchant agreement
MEPS will do the maintenance of all those POS terminals and may absorb the cost and expenses pertaining to the same or charge the same to the merchant.