HDFC BANK Features Enjoy a free monthly Cash Deposit limit* at your home branch location that is four

times the amount swiped at the HDFC Bank EDC Machine linked to your Merchant Advantage Current Account Pay your vendors and suppliers across the country using multiple remittance options like local, at-par cheques, Demand Drafts, Pay Orders, RTGS (Real Time Gross Settlement) for greater convenience and reduced cost. Enjoy 24-hour access to your account through NetBanking, PhoneBanking, ATMs and MobileBanking Enjoy special privileges with Doorstep Banking services like cash and cheque pick-ups and cash deliveries at nominal rates Get a free Regular Debit Card, which comes with a host of privileges and benefits Make your utility bill payments with BillPay. This is absolutely free. Get free monthly account statements Use InstaAlerts and get free balance and transaction alerts on your mobile phone and email. Average Minimum Balance requirement is Rs.25,000 per month. Non maintainance charges for the minimum balance is Rs. 300/- per month. Bank conveniently with facilities like NetBanking, Phonebanking and MobileBanking check your account balance, pay utility bills or stop cheque payments all via SMS.

Axis Bank
With customer and payment behavior ever changing in today's fast paced lifestyle; we provide you with the easiest way for accepting credit and debit cards in return for your products and services. Axis Bank Merchant Services is a market leader in processing card payments. We accept all Visa & Master Cards. Axis Bank offers you multiple options to receive your payment reports. You can opt for your payment report by Email or Snail Mail. You can also opt for daily/weekly/monthly reports and statements. Also, now reconciling your current account credits and card transactions is much simpler! About Axis Bank Merchant Banking Services Axis Bank launched its Acquiring business from December 15, 2003. Currently, the Bank has an installed base of more than 1,97,000 terminals and we are adding 2500 merchants per month, the highest in the industry today. We are the market leaders in this segment with our merchants banking on us for their entire end to end payment solution. Why select Axis Bank Merchant Acquiring? Increased Sales: Axis Bank encourages your customers spend more when they are not constrained by cash on hand. You may see increased purchases of higher-margin products as well as specialty items. And customers may visit your store more often since they need not carry cash. Customer Satisfaction: Your customers will appreciate the fact that you allow them the flexibility to pay the way they want to pay with which will now include credit & debit cards as well. Happier customers are more loyal customers. Customer Care of Highest Standard: A robust, round-the-clock authorization and merchant support services function ensures fast response times and reliable support in case of network outages and EDC malfunctioning. This minimizes downtime, thus enhancing productivity and profitability. Speed up the payment process: No more counting change or waiting while customers write cheques. You will speed up the payment process with rapid electronic payment. Improved competency:

Card transactions will be conducted electronically. Paperless payments can save your time and money by minimizing cash handling and payment reconciliation, giving you more time to focus on more important things ? like managing and growing your business. Enhanced Protection against Frauds: Axis Bank EDC does offer the facility to accept all Visa & MasterCard transactions for payments. This facilitates lower volumes of cash and thereby lower vulnerability to theft. To ensure a high level of protection from frauds, we have built in sophisticated security features additionally in the EDCs. Our terminals are also EMV certified and can accept chip cards. Retrieval of records: Axis Bank also supports retrieval of transactional data as per requirement.

The various products offered at Axis Bank are: H$ Wireless and Roaming Terminal (GPRS), Pc POS etc. Axis Bank enables wireless transaction processing with a very high speed available for all types of business. Now, no more long queues at the counter for processing bills and bust queues during peak hours. Eliminates the need for telephone connections as well, ideal during exhibitions and conferences. PC POS As the name suggests, this is a PC-based credit/debit transaction processing application which leverages the connectivity of the PC (CDMA, LAN, and VSAT). Thus it eliminates the need for dedicated telephone connections thereby generating significant savings on capital equipment cost and maintenance expenses. It utilizes existing PC equipment and infrastructure to bring credit card processing functionality to the merchant?s countertop. It replaces the EDC terminal but combines the stability and security of an EDC terminal based system with the feature-richness, flexibility, and ease-of-use of a PC desktop application. ETM (Everywhere teller machine) Axis Bank is the first acquirer to enable withdrawal of cash at Point of Sale terminals as per RBI guidelines issued in 2009. Currently, the facility of cash withdrawal using plastic cards is available only at Automatic Teller Machine (ATMs) and certain EDC terminals installed at financial institutions exclusively for cash withdrawal. ETM will ease the process of withdrawing cash when an ATM facility is not available in the reach of a Debit cardholder and is expected to ease the cash management for the Retailers..The facility enables "Cash Back" as well as "Purchase with Cash Back". Now customers can walk into merchant outlets and withdraw cash up to Rs 1000/- per day per debit card.

* Conditions Apply Dynamic Currency Conversion ( A foreigner can pay in his home currency thereby evading exchange fluctuations) Axis Bank gives the option of Dynamic Currency Conversion to our merchants. DCC is a facility that enables the conversion of the purchase price of goods or service from the merchant?s currency to the billing or home currency of the cardholder. Axis Bank DCC automatically converts the sale price from INR to cardholder's home currency at the time of transaction. The entire transaction takes place at the Point-of-Sale terminal giving the option to cardholder to have the transaction processed in INR or in his/her home currency. Standing Instruction Standing Instruction and Recurring Payments (SIRP) is an auto debit facility given to credit/debit cardholders for payment of their bills of recurring nature. Axis Bank provides the facility to merchants who would want to accept card payments which can include Insurance companies for premium collections, mobile service providers, utility bill collectors, subscription merchants etc. EMI EMI stands for Equated Monthly Installments. EMI is offered through merchant outlets. Essentials of Merchant EMI plan are as follow: 0% Processing Fee 0% Interest Rate for cardholders Multiple Tenure options: 3, 6, 9, 12 Merchant is charged with a Nominal Subvention Rate. It is a 0% interest loan without any Processing Fees. This makes it all the more attractive to the cardholder. No documentation required at the time of conversion to EMI. This increases customer propensity for higher ticket purchases. EMI conversions are applicable for a minimum purchase of Rs.5000 & above only. Now, the credit cardholders can avail 3, 6, 9 and 12 months EMI on their purchases.

ICICI

After expanding their retail business, especially the credit and debit card businesses, banks are looking to acquire point of sale (POS) terminals across the country. Following in the footsteps of ICICI Bank, which first started a POS venture in 2000 with a few hundred POS terminals.