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VTB (Belarus) has expanded its range of services for small and medium-sized businesses by launching a merchant acquiring service. The new terminals support cashless payments, combining the functionality of a POS device and an online cash register. The commission for operations with VTB (Belarus) cards will be 1%, and for accepting payments from cards of other banks - up to 1.7%.
Merchant acquiring can be connected remotely, and all operations and reports are available in the internet bank. A settlement account with VTB (Belarus) is required for connection. The service supports "Belkart", "Mir", Visa, and Mastercard payment systems.
"We offer a comprehensive merchant acquiring solution using modern equipment and convenient services that will help our clients optimize payment and reporting processes, as well as increase operational efficiency. The new product allows entrepreneurs to focus on development, not on technical details," notes Ivan Verenich, Deputy Chairman of the Management Board of VTB (Belarus).