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Payment Acceptance Solution - Eligibility & Documentations

  • To apply any of Payment Acceptance Solutions offerings, visit your nearest Axis Bank Branch today!
    Or you can click here to apply and our Relationship Manager will contact you. to apply and our Relationship Manager will contact you.
    The eligibility for the same is as follows:

    For New Merchant
    • Identification Proof
    • Address Proof
    • Recent Passport size Photograph
    • Business Establishment proof**
    For Existing Merchant
    • For Additional Payment Acceptance Solutions – Request letter to be given in letter head with authorized signatory name & required number of Terminals
    • For Post Installation Alterations – Request letter to be given in the letter head with authorized signatory name and changes required.

    ** Depending on nature of business

    To see the complete list of KYC documentation acceptable for availing Merchant services, click here to see the complete list of KYC documentation

    W.e.f. May 2019, below Schedule of Charges will be applicable:

    Schedule of Charges* (in INR)
    GPRS/Pocket GPRS PSTN PC POS Android POS mPOS Bharat QR
    No Transacting Charges N. A.
    Low Transacting Charges N. A.
    Lost Terminal / Decal Charges (per terminal / decal) 11,000 7,500 N. A. 13,500 4,000 50
    Terminal De-installation/Decal Replacement Charges 600 600 N. A. 600 600 50
    Paper Statement Charges (per month) (daily) 500
    Paper Roll Cost (applicable for Easy Plan) 5 per roll
    Back Dated / Duplicate Statement (including international transaction statement) for <= 7days, 500 per MID
    for > 7days, additional 49 per MID per Day
    *GST additional at applicable rates