Point of Sale (POS)

There are two ways to apply. Alternatively, you can write to us at customercare@aubank.in. Our customer care team will contact you with more information. You will be asked to submit the necessary documents, post which a card swipe machine will be issued for your business.

Customer care

AU Bank branch

• You need to submit the following documents when applying for a Point of Sale machine:
• KYC documents
• Identity proof (PAN card, Aadhaar card, passport, driving license, etc.)
• Address proof (Voter ID, bank statement, Aadhaar card, registered rent agreement, utility bills, passport, driving license, etc.)
• An application form duly filled
• A proof of your business or company (Registration number, Shop Act license, a copy of the partnership deed, or the latest Income Tax Return)

Loaded with the latest technology and features, our PoS supports the below-mentioned range of wireless terminals:

GPRS PoS

• The built-in GPRS modem has a SIM slot of 3G, 4G, and WiFi for better connectivity.
• Acceptance of NFC (Contactless - Touch & Pay), EMV Chip, and PIN-enabled cards.
• An integrated thermal printer.
• An option to opt for paperless digital charge slip.
• A rechargeable battery.

Android smart PoS

• The latest color touch screen & feature-rich payment applications with customized applications.
• Complete Android smartphone functionality with a built-in barcode scanner.
• Best-in-class RAM and in-built memory.
• Supports NFC, EMV Chip, and PIN-enabled cards.
• Secure with OTA firmware updates & key injection to reduce operating costs.

PoS refers to the Point of Sale machine that facilities electronic payments for businesses. Under the PoS system, a card swipe machine is used to complete payment. Debit Cards, Credit Cards, Prepaid Cards, etc., can all be used on a PoS machine. The transaction is entirely safe and secure, and it takes very little time to complete the transfer.

The best PoS system offers many benefits to business owners. With PoS, payments are quick, safe, and hassle-free. The customer experience is enhanced, which in turn leads to better sales for the business. Money management is easy, and there are no instances of cash discrepancies. The money is directly deposited into your business account with no intermediaries.

To buy a PoS, you need an active, operational, and functional business with sales. You can contact us and submit documents, such as your business’s registration number, Shop Act license, a copy of the partnership deed, or the latest Income Tax Return. Once your documents and application form have been verified, the bank will issue a card swipe machine for your business’s use.

Yes, a PoS can be profitable in many ways. At first glance, it seems like just another mode of payment; however, its benefits are manifold. The payments on a PoS machine are safe, quick, and convenient. You can also keep track of them and reduce any chances of theft or irregularities. Moreover, in the current age and day, customers prefer digital modes of payment over cash. When customers are happy and satisfied, they are bound to contribute to higher sales too. Hence, your business profits in the long run.

Requirements can differ for each business, depending on the type, size, and sales. To know exactly how much you need to start a PoS business, you can contact us to get more information.