Terms and tariffs
PAYMENT CARD ACCEPTANCE WITH POS TERMINALS (POS, ՀԴՄ POS, VIRTUAL POS (VPOS))
1.2%
2.2%
Service fee
If the total monthly turnover made through the provided POS terminals (including cash register-POS) does not exceed 50,000 AMD, the following fees are charged:
• For service in Yerevan: 4,600 AMD
• For service in regional cities: 3,000 AMD
• For service in villages: 1,000 AMD
Not defined
Early termination fee*
AMD 50,000 (including VAT) in case of early termination of POS terminal service on the cash register device or replacement of the cash register within one year after signing the contract
Contract term
Indefinite
Installation period
Maximum 3 business days after acceptance of the application
Withdrawal of funds deposited via POS terminal from bank account
According to the Bank's current tariffs
Additional POS terminal service capabilities
PreAuthorization
Possibility of freezing and partial or full charge of the Cardholder's Payment Card amount in the amount of the transaction or more
Reversal
Possibility of full or partial cancellation of the transaction amount made at the POS within 72 hours with a refund
Refund
Possibility of full or partial cancellation of the transaction amount made at the POS with a refund
Key Enter
Possibility of manual entry of card data on the POS terminal
Binding
Possibility of attaching payment card data to the Internet platform of the given POS
Recurring payment
Possibility of attaching payment card data to the Internet platform of the given POS
Recurring payment
Possibility of automatic charge of the same amount from the payment card at a defined frequency based on the prior consent of the Cardholder, without double entry of card data for each subsequent transaction.
* In case of early termination of the payment card service via cash register, no early termination fee shall be charged if, after submitting the application for termination, the service of the given card services via cash register will continue to be provided by Fast Bank CJSC based on a new application approved by Fast Bank CJSC.
