Point Of Sales ( POS)
Keeping pace with changing customer and payment behavior, we provide you with the easiest way of accepting Credit Debit card payments with People’s POS service. processing transactions from multiple card brands such as Visa, Mastercard, JCB which will help merchants to cater to their customers in many ways with high-quality standards & security.
- Eligibility
- Highlights
- Features
- Tariff Structure
- How to apply
- Required Documents
- Contact Us
Eligibility
- Any business registered in Sri Lanka can apply for the People’s Bank Point of Sales (POS) Facility.
Highlights
- Acceptance of Visa, Master, and JCB Cards.
- Scan to pay facility (VISA QR)
- Wireless fully Android terminals.
Features
- Competitive MDR
- Minimum Documentation
- Speedy disbursement of Funds to People’s Bank Accounts
- Secured Payments – End to end Encryption, Chip & Contactless Acceptance
- Multi-Currency Facility
- 24 Hours Call center Support Service
- 3 months grace period for monthly target service fee
Tariff Structure
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 Target Service fee
|
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
|
How to apply
- Visit the nearest People’s Bank branch/ People’s Card Centre to apply for this facility.
- You may also obtain the application via www.peoplesbank.lk
Mobile Point of Sales ( mPOS )
Grow your business smarter, by transforming your business with People’s mPOS .. Irrespective of the size of your business, People’s mPOS will help you to accept payments, securely anywhere, anytime.
- Eligibility
- Highlights
- Features
- How to apply
- Required Documents
- Contact Us
Eligibility
- Any Micro, Small & Medium level business in Sri Lanka can apply for People’s Bank Mobile Point of Sales (mPOS) Facility.
Highlights
- Acceptance of Visa and Master Cards.
- mPOS device complies with Chip & Contactless technology.
- Improved mobility & Flexibility
- Improved security with end-to-end encryption.
Features
- No extra fees & Competitive merchant discount rates
- Funds will be credited to your account on the following first working day.
- Tri-Lingual functionality (Sinhala, Tamil, English)
- Handy & Portable
- Light & Easy to use
- Payment confirmation via SMS & email notification
- Wi-Fi and SIM connectivity
Price of the device Rs. 15,930/-
How to apply
- Visit the nearest People’s Bank Branch/ People’s Card Centre to obtain the mPOS application
- You may also obtain the application via www.peoplesbank.lk
Required Documents
-
mPOS Application 
-
Merchant Contract
- Copy of the National Identity Card of the applicant (certified by an officer of People’s Bank)
- Copy of receipt of payment for mPOS device.
You may hand over the completed mPOS application with all the required supporting documents to the nearest People’s Bank branch or People’s Card Centre to obtain the service.
Note: A compatible smart mobile device is required to use this service.
Internet Payment Gateway
Experience the pleasure of doing business online with our Payment Gateway ( IPG) service. This payment solution Directs your business to grow in new horizons with the latest secure payment authorization and protection
- Highlights
- Features
- Tariff Structure
- Required Documents
- Contact Us
Highlights
- Service provided by World-class internet payment gateway solution CyberSource by VISA
- Authorizes Visa / Master card payments processing for e-businesses, online retailers
Eligibility
- Fully complied with PCI-DSS & 3DS
- Latest industry-standard security protocols
- Dedicated technical support team
- Seamless integration
- 24X7 customer support
- Global reach & scalability
- Flexibility of customization
- Easy documentation
- Minimum Fees
- Many value-added features
Tariff Structure
Charge Type |
Amount LKR |
One time setup fee |
15,000.00 |
Discount rate |
LKR 3%
Foreign Currency 3.5 % - 4.0 % |
Monthly maintenance Fee |
2000/- |
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 )
0112490400 Ext: 440 / 441 
acquirecard@peoplesbank.lk 
