Point-of-Sale Device
Point-of-Sale Device
It is a device installed in commercial facilities that allows businesses to accept payments using Easy Life cards, "Visa Electron" debit cards, e-wallets, and other payment methods.
Benefits of Point-of-Sale Devices
- Providing innovative and advanced electronic services as it is a new product of the commercial shops thus attracts more clients
- Saving the customer time and effort in paying bills and purchasing services
- These services offer additional revenue by charging a collection commission on all invoices paid with your electronic authorization device.
- Benefiting from integrated advertising campaigns across many media, such as the appearance of the commercial store's name on the list of merchants participating in the Arab Islamic Bank system and PalPay.
- Ease of accounting and account auditing using the electronic systems of Arab Islamic Bank and PalPay, ensuring accuracy in the merchant's accounts and ease of management
Mechanism of Point-of-Sale Device Installation
- Contacting the Arab Islamic Bank using one of the aforementioned means of communication
- Submitting an application through bank staff or the closest branch
- Completing the bank's approvals and examinations
- Opening an account with the Arab Islamic Bank
- Signing service agreements with the Arab Islamic Bank and service providers
- Palpay device installation
- Providing the merchant with a guide to using the service, training him on it, and ensuring that the merchant understands how to use it effectively
- Displaying service labels with the payment-to-merchant logo at the merchant.
Installation and Training
When the merchant receives the device, the necessary training to utilize the service is provided, and labels relating to the payment service are posted in a prominent location in the shop. The labels’ purpose is to tell subscribers about the payment option available to a merchant in this shop.
Contact channels and assistance
- Contact the call center at 1700222000.
- Visiting one of the nearby Arab Islamic Bank branches/offices
Merchant Approval Requirements
- Copies of the merchant's and partners' ID cards
- Lease or ownership contract
- Proof of commercial activity:
- Municipal license (valid): If the license holders have more than one name, a joint account must be opened and the two parties must sign the agreement, or the authorized person must sign with a legal authorization from his partner and approval from a lawyer and the bank's legal affairs department.
- A current commercial register extract: Opening a company account and the signature of the authorized signatory in accordance with the articles of association, bylaws, and the certificate of the company controller.
- Chamber of commerce certificate: Opening a personal or joint account if there are partners, as long as the certificate includes the name of the business store as well as the names of the owners.
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