Soft Points of Sale allows the merchant to accept payments from cardholders (mada – Visa – mastercard) using the merchant’s own smart device (mobile or tablet), without the need to install a traditional points of sale device.
This service is the latest solution provided in the payment system, and it is suitable for all business, especially the following:
- Taxis
- Delivery Drivers
- Seasonal Exhibitions
- Field Sales Representatives
- Food Trucks
Benefits
- Using smart devices as an alternative to installing a traditional points of sale device
- Usability
- Easy to complete maintenance procedures
- No paper receipts (an e-receipt is sent to the merchant and cardholder)
- All card types are accepted
- No installation fees
- No maintenance fees
FAQs
Shall the merchant open an account with The Saudi Investment Bank?
Yes, the Soft POS service has to be linked to the merchant's account in The Saudi Investment Bank.
Which cards does the Soft POS service accept?
The following card types are accepted:
- mada
- visa
- mastercard
How long will it take to activate the Soft POS service?
One business day from the date of approval.
How can I activate the Soft POS service?
The Soft POS service is activated on the merchant's smart device via the following steps:
- Visiting the link to download the app, which is sent via SMS to the merchant's mobile
- Logging in the app by entering the username and password
- When the download is completed, the merchant can start using the app
Is the app available on all operating systems?
Currently, the app is available on Android devices.
What are the Soft POS fees?
Free. There are no fees for installation and maintenance.
What type of businesses can get the Soft POS service?
The service is suitable for all businesses, especially the following:
- Taxis
- Delivery Drivers
- Seasonal Exhibitions
- Field Sales Representatives
- Food Trucks
Does the Soft POS service print a purchase receipt for the merchant and cardholder?
No, an e-receipt is sent to the merchant and cardholder.
How can I apply for the Soft POS service?
By visiting one of SAIB branches.
What are the required documents?
- Signing the POS service agreement at one of SAIB branches
- Copy of the Commercial Registration
- Copy of the merchant's national ID
