Overview


The POS terminals allows the merchants to accept all types of approved electronic cards (mada, Master Card, Visa, AMEX and international cards) as considered the best option to the cards holders for purchasing instead of cash payment, this service is provided to all types of retailers whom selling the goods and services as the terminal will be linked to the retailer account in Saudi Investment Bank to settled the processed transactions amounts quickly and safely, the merchant will be able to view the transactions statements for POS and the total amounts which settled to the account through corporate internet Banking service.
The below services will be provided once get on Saudi Investment Bank POS terminal without any monthly fees and charges:

  • The installation.
  • Preventive maintenance.
  • SIM card for GPRS terminals.

Benefits

relationship-2

A Dedicated Relationship Manager to provide you the best in class service.

cards_1

Acceptance of a wide range of debit and credit cards.

deposit_0

Processed amount deposited in merchants’ accounts within the same day.

support

Extensive field support available throughout the Kingdom for issue resolution.

training

Providing the merchant’s staff with detailed training on card acceptance.

maintenance

Terminal maintenance, SAIB will be responsible for Terminal maintenance and supplies.

helpline

24/7 toll free helpline available for all POS related issues 800 124 8000.

devices

Providing All Kinds
Of Devices

pci

Free PCI Compliance Assessment and training.

installation

full on-site installation within 1 days and after sales support and service. Providing you with high quality and speed.

router

Providing Internet access (For reconciliations) and online banking services for all merchants.

Application Form


Existing Customer
  
  
 

FAQs

Yes, the POS has to be linked to the merchant account in Saudi Investment Bank.

  • MADA
  • VISA
  • MasterCard
  • AMEX
  • Approved international cards.

One business day after approval.

There is NO fees and charges for

  • Installation
  • Monthly fees
  • Maintenance

All merchants who sell goods and provide service.

The following types of POS terminals are available:

  • Dial-up
  • GPRS
  • IP

POS Requests by filling the above form and visit one of bank branches.

  • Sign the POS service agreement.
  • Copy of CR.
  • Copy Of merchant ID.