Loss of Card
How to use
Non- Axis Bank
Bank Tie Ups
By Banking Channel
Payment & Merchant Solution
Avail the easiest way for accepting credit, debit and prepaid cards for payment towards your products and services
Products & Benefits
Value Added Services
Documentation & Eligiblity
Safe Card Acceptance Practices
Eligibility and Documentation
Fees and Charges
Features and Benefits
At the time of installation of terminal, please ensure that:
As a Merchant you might receive three types of cards – magstripe cards that have
to be swiped, chip cards that have to be inserted and contactless cards that have to
Few points you should keep in mind while accepting cards are:
Under any circumstances, you should not ask for PIN; Cardholder should enter PIN on
For contactless cards, no PIN shall be asked for transactions equalling
Rs. 2,000 or
below. In case PIN is verified, signature is not required. Please ensure that printed
Charge Slip shows 'PIN verified OK. Signature not required.'
In case, the Card doesn’t prompt for PIN, please take signature of the Cardholder on
the charge slip. You must ensure that the signature matches the signature on the back
of the Card.
The Bank will credit your Axis Bank account or send the funds through NEFT / RTGS to
your account maintained with any other bank on the next working day after settlement
on the PoS
Merchant Discount Rate is the rate charged to a Merchant by a Bank for providing
Debit and Credit Card services. Your Merchant Payment Report (MPR) shall contain all
applicable MDR related details for reference.
Also, ensure to settle batch on a daily basis ( auto settlement is enabled for mPoS and
QR code based acceptance solution)
Please ensure to register your email ID with us to receive Merchant Payment
Please follow the below steps:
In case your line of business or / and business constitution has changed along with
address, contact details or any kind of material change – you must communicate the
same to your sales representative or nearest Axis Bank Branch immediately.
If the nature of business and legal entity is same then a request letter would suffice as
payments would get credited into existing account. If the nature of business or legal
entity differs then new application and Agreement has to be signed as well as a new
Current Account opened for crediting the proceed. Please contact your sales
representative of nearest Axis Bank Branch for installing additional payment
Through QR code based payment solution, merchants have the ease of accepting
payments via Cardholder’s mobile with the help of a QR code rather than accepting
payments via PoS terminal.
QR code mapped to your unique Merchant ID will be displayed at your billing counter.
Customer can scan the QR code, enter the billing amount and make the payment. You will
get an instant payment notification via SMS.
You may also download the Axis Bank mVisa - Merchant App on your smartphone.
You can generate a unique QR code for each transaction. The dynamic QR code would
include the payment amount as well which will be automatically displayed on the customer
phone while scanning the QR. You can check your transaction history in this app.
At your request , you are being redirected to a third party site. Please read and agree with the disclamer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third paty namely http://i3.oximall.com/axisbank. Such links are provided only for the Client and Axis Bank does not control or endorse such websites, and is not responsible for their content. The use of such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them . any actions taken or obligations created voluntarily by the person(s) accessing such websites shall be directly between such persons and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such actions so taken. Thank you for visiting www.axisbank.com
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At your request, you are being redirected to a third party site. Please read and agree with the disclaimer before proceeding further.
This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely mybustickets.in. Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
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Ensure smooth, reliable payment settlements via cards, with Electronic Data Capture (EDC) terminals.
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