South Indian Bank

South Indian Bank offers Merchant Acquiring Services through POS terminals for accepting digital payments. The legal entity is the listed company (CIN L65191KL1929PLC001017).

Card networks The official page lists Visa, Mastercard, RuPay and Bharat QR (BQR), which covers both international card brands and the Indian domestic scheme as well as QR payments.

How to apply Onboarding goes through a branch. A merchant submits an application and supporting documents at the bank branch, so there is no purely online route in the facts available.

Services in short Merchant acquiring and POS are the services listed. Fees, settlement times, device options and any minimum turnover are not in the available facts.

What to clarify Before applying, a merchant should ask the branch about the rental or purchase cost of terminals, the merchant discount rate for each card type and the settlement schedule, as well as which supporting documents are required for different business types.

Who it suits Retailers, small shops and service businesses in India that already bank with it or prefer a branch-led onboarding, and that need POS acceptance of Visa, Mastercard and RuPay cards together with QR payments.