Features:
- Quick alternative payment option
- Lower charge than POS – less Merchant Service Fee (MSF).
- Merchants can withdraw money to their bank account instantly.
- Wider acceptance – accessible from more than 50 Banks and financial institutions.
- Auto settlement on a daily basis.
- Complies with the Value Added Tax (VAT) refund scheme of the government.
Documents Required:
- A valid account in MBL, either individual or non-individual
- Duly filled Merchant Registration Form
- Duly signed and stamped Merchant Establishment Agreement Form
- PAN, Registration and Citizenship document of the merchant
