SBI provides Merchant Acquiring Services to its customer through the SBI Payments Services Ltd (Joint Venture). SBI Payments is one of the largest acquirees of the country, present across all geographies and enable the merchants to accept payment digitally through various forms. Following services are provided by SBI Payments:
Point of Sales (POS) : Point of Sales (POS) terminals empower merchant to accept payment payments from customers by swiping/dipping/tapping debit/credit/pre-paid cards on the POS machine
YONO SBI Merchant Application with BQR: YONO SBI Merchant Application with BQR is a simple mobile application for the merchants to receive payments and manage them to operate their business more efficiently directly from their mobile anytime, anywhere.
BHIM-Aadhaar-SBI: BHIM-Aadhaar-SBI helps the merchant to accept payments from customers having Aadhaar seeded bank accounts using an Android Smartphone and a fingerprint reader to authenticate he customer’s biometrics.
Electronic Toll and Transit: Electronic Toll & Transit Collection (ETC) helps in receipt of toll fee through RFID tag attached with vehicle at Toll Plaza.