POS terminals


The POS-terminal (Point of Sale terminal) is the electronic device, allowing to read out the information from a plastic card and to carry out communication with bank for authorization operations. Results of carrying out of authorization are made out by the message on the screen and listing of several copies of the check (one of which is given to the client).


Set of documents necessary for POS terminal installation (for private clients):

— Copy of ID card;
— Copy of TIN card;
— Copy of tax roll reference providing accounting codes and sphere of activity;
— Copy of the document pointing out address of activity;
— Copy of leasing contract;
— Application on procurement of POS terminal.


Note:

Acquisition of POS- terminals can be carried out in two ways:

1. By paying AZN 750 per POS-terminal
2. By leaving the AZN 1,000 insurance deposit. If monthly turnover does not exceed AZN 3,000, the monthly service fee of AZN 100 will be collected from the insurance deposit.



Set of documents necessary for POS terminal installation (for juridical persons):

— Copy of ID card of an official (director managing the company), as well as order (certificate of authority) on appointment to this post;
— Copy of TIN card;
— Copy of tax roll reference providing accounting codes and sphere of activity;
— Copy of the document pointing out address of company activity;
— Copy of leasing contract;
— Application on procurement of POS terminal.



Note:


According to notification of Tax Department, special enterprise account can be set in bank in the name of official (director managing the company). After setting the account up deposit in amount of 1000 AZN paid (it gets blocked). Annual cost of services makes 100 AZN. This amount is also placed to enterprise account.
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