Mercantile Bank offers Merchant Services to take care of all your card-based customer purchases. Our Point of Sale (POS) terminals can be linked to your transactional bank account, enabling you to receive same-day value for all VISA and MasterCard Credit and Debit card transactions. Provided that your terminal is linked to your Mercantile Bank transactional account, and that payments are received by us before 19h00, funds will reflect in your Mercantile Bank account on the same day.
Key Features and Benefits
- Acceptance: Use our POS device to process transactions for all VISA and MasterCard Debit and Credit Cards
- Same day value: Get same day value for your card-based transactions and optimise your cash flow
- Simplified bookkeeping: Use our clear and easy-to-read statements to make your reconciliation process simple and easy.
- Guaranteed payments: Enjoy guaranteed POS payments from Mercantile Bank and card associations, reducing fraud and associated losses
- Reduced risk: Reduce the need for cash handling on site, cutting costs associated with depositing cash and reducing your overall risk.