राष्ट्रीय टोल फ्री नंबर1800 425 00 000

Point of Sale (PoS)

Point of Sale (PoS)

PoS machines are absolutely FREE

for IB i-Freedom Prime account & MSME traders with exposure above 25 lakh


A PoS machine is a point of sales machine through which a customer can make payment to merchant in exchange for goods or after provision of a service through debit/credit/prepaid cards or QR scanning. Merchant may issue a printed receipt / e-receipt  for successful transaction.

Types of PoS

  • Android PoS- Terminal having Android Smartphone functionality with full touch, printer & inbuilt camera. Works with GPRS/Wifi connectivity along with battery backup
  • Handheld GPRS PoS- Terminal with keypad and with printer. Works with GPRS connectivity along with battery backup.
  • Digital PoS – Terminal with keypad and without printer. Works with GPRS connectivity along with battery backup

How to avail PoS:

  • Submit PoS application form along with KYC documents and necessary Agreement to the nearest Indian Bank Branch.
  • Enrolment of Merchant done upon receipt of application forwarded by Branch and Zone.
  • After enrolment, Unique merchant ID is created and terminal is dispatched to the merchant after validation.
  • Installation call made to the merchant for activation.

Two models are available for obtaining PoS viz.,

Rental model: Pay as you use

Outright Purchase model: Pay once and enjoy PoS facility for lifetime

Value added Services:

  • Cash@PoS- Cardholder can withdraw cash upto Rs.2000/- through PoS
  • EMI on PoS- Credit card holders can convert the payment into EMI through EMI facility enabled at PoS
  • Amazon pay- Customers make payment using their Amazon pay wallet
  • Sodexo acceptance- Food cards acceptance
  • International card acceptance Facility-Foreign cards acceptance
  • Integration of PoS with Merchant software- PoS can be integrated with merchant billing software
  • UPI QR on PoS- Payment acceptance through QR code displayed in PoS
  • Android billing solution: In-app billing solution in Android PoS
  • PoS manager app- Merchant can view transaction details, raise complaints, paper roll requests, etc.


  • No installation charges, paper roll charges, late batch settlement charges, low usage charges and duplicate/backdated statement charges for any location or type of business.
  • Nil Rent for IB-freedom prime customers
  • PoS at free of Cost for MSME traders with exposure more than 25 lakhs

Advantages of PoS:

  • Portable; Take anywhere inside India
  • Eliminates the need to carry Cash
  • Faster and Easier
  • Eliminates man power for physical cash maintenance
  • Quick confirmation/ transaction status will be sent to the merchant by SMS.
  • Consolidated transaction details are sent through SMS/e-mail

For more details, contact your nearest Indian Bank branch or 1800 425 00 000.


Branches/Zonal Offices should visit https://mms.in.worldline.com for uploading PoS lead.

( अंतिम संशोधन Apr 21, 2022 at 04:04:23 PM )

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