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Merchant
Services

Merchant Solutions

Highlights & Features POS & IPG


Tariffs & Charges for POS **
Requirement
Terminal Type
PSTN (Land Line Connections)
GPRS (Wireless)
Basic Requirements
Business Registration
Business Registration
Account Type
People's Bank Current Account/ Savings A/C
People's Bank Current Account/ Savings A/C
Monthly Minimum Turnover of the Account ( Total Credits in statics report for 6months)
Above Rs. 1 Million Monthly Turnover
Above Rs. 2 Million Monthly Turnover
Target Card Sales
Rs.150,000/-
Rs.300,000/-
Monthly Penalty Charge if not met with Target Sale
Rs.2,500/-
Rs.2,500/-
Merchant Commission For LKR
3 %
3 %
Merchant Commission For Foreign Currency
3.5% - 4.0%
3.5% - 4.0%
Technical Requirement
Fixed Land Telephone Line
Availability of Dialog/Mobitel 3G/4G  signal coverage 

Internet Payment gateway (Visa / MasterCard)

People’s payment gateway is a merchant service provided by a world class e-commerce application service provider (CYBS by VISA) that authorizes Visa / Master card payments processing for e-businesses, online retailers


Tariffs & Charges for POS **
Charge Type
Amount LKR
One time setup fee
15,000.00
Discount rate
LKR 3%
Foreign Currency 3.5 % - 4.0 %
Monthly maintenance Fee
Free
Collateral/Guarantee Bond
500,000.00
Annual Fee
50,000.00

(These rates may vary depending on the average transaction size, nature of the business & target clientele, etc )

  • For More Information
  • Merchant Document


    Merchant Application POS
    Point Of Sale Terminal Agreement
    Merchant Application Internet Payment Gateway Agreement
    Board Resolution
    Branch Evaluation Report
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