Under the referral model, Bank offers MPoS in tieup with M/s Ezetap. The vendor M/s Ezetap is a payment Card Industry - Data Security Standards (PCI - DSS) compliant as per regulatory guidelines.

• There are two types of devices currently - one which communicates through a smartphone and one which has the provision to inset SIM and work without any mobile-dependancy
• The MPoS device is small and light-weight and is easy to handle
• The devices are cheaper than traditional PoS terminals

• PoS facilitates payment for goods and services purchased using cards.
• Saves time and money in visiting bank Branch / ATM to withdraw money and spend the same at merchant outlet.
• The merchant can verify/download the details of transaction from the App itself.

• It is very simple and easy to use. Download mPOS mobile app on your smart phone
• Pair your mobile device with mPOS via bluetooth
• Swipe or dip customer's card on mPOS device to get payments.
• Safe & Secure as no data is stored on phone or mPOS device and card data is encrypted for communication
• It is very flexible as it accepts all cards
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• Our customers can avail subsidy under NABARD Financial Inclusion Fund for procuring PoS/mPoS devices in notified rural villages subject to conditions.

Subscription for 12 months at non- notified Centres
	Device with GPRS / Wifi	Device works in pair with smart phone
One time Cost	6300	3500
Subscription for 6 months @ Rs.300 per month	1800	1800
GST	1458	954
Total	9558	6254
Subscription for 6 months at notified Centres
	Device with GPRS / Wifi	Device works in pair with smart phone
Total Cost	9558	6254
Subsidy	5733	3752
Cost for merchant	3825	2502
Subscription for 12 months At non- notified Centres
	Device with GPRS / Wifi	Device works in pair with smart phone
One time Cost	6300	3500
Subscription for 12 months @ Rs.250 per month	3000	3000
GST	1674	1170
Total	10974	7670
Subscription for 6 months at notified Centres
	Device with GPRS / Wifi	Device works in pair with smart phone
Total Cost	10974	7670
Subsidy	6000	4600
Cost for merchant	4974	3070

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