Bai-Tushum Bank awards the winners of the campaign held among retail and service outlets

Today Bai-Tushum Bank has awarded the winners of the campaign held among the retail and service outlets that have Bank’s POS-terminals installed. The winners are the organizations that held a maximum number and scope of operations through POS-terminals from July 1 to July 31, 2016. These are U Doma store and Grenki complex. The bank awarded the winners with Visa Prepaid Electron card with the balance of KGS 2,500. The campaign will be conducted until September 30 and we will announce new winners soon.

Bai-Tushum Bank offers shops, cafes, restaurants, entertainment facilities, drugstores, beauty shops and other retail and service outlets to conclude agreement for servicing VISA and Elcart payment cards when payments are done for goods and services.

BaiTushum Bank offers stores, cafes, restaurants, entertainment facilities, drugstores, beauty shops and other retail and service outlets to conclude agreement for the service of VISA and Elcart payment cards under payments for services and goods.

As our merchant acquiring partner, you benefit in a lot of ways:

• Tax discount– 2% of sales tax pursuant to the adopted law on non-cash payments development
• Increase of goods turnover through the acquisition of clients holding plastic cards (18-23%). When paying with cards people tend to spend more, choose more expensive goods and are likely to make unplanned purchases, as they are not constrained by certain cash amount;
• Reduced time of service and cash collection costs;
• Non-cash payments for goods or services are not subject to sales tax
• Mitigation of financial losses and staff errors risks
• Safety – lower risk of taking counterfeit money, loss or theft of money at retail outlet.
• Loyalty of clients and enhanced trust in your organization – because you provide clients with a choice of payment form and thanks to cooperation with Bai-Tushum Bank
• Soft rates for cash and settlement serviceIf you conclude cooperation agreement with Bai-Tushum Bank CJSC you get:

• Free training of your company’s staff to handle POS-terminals;
• Advanced and mobile POS-terminals Verifone Vx 675 (possible to add photo);
• Possibility to use VISA and Elcart cards both with magnetic strip and chip;
• Flexible rates and discount system for retail and service outletsJust 4 steps to become a Bank’s partner:

• Step 1: Conclusion of merchant acquiring agreement
• Step 2: Opening of settlement account with Bai-Tushum Bank CJSC
• Step 3: Installation of POS-terminal at cash desk
• Step 4: Brief training on how to handle the terminal