• KBank mayPOS , mayPOS mini , Tinh Tien​ - Promotion
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Apply KBank mayPOS now to get 0% MDR for 60 days.

Register For Free
KBank POS Highlight Features
Accept all payment types

Credit and debit cards , Apple Pay, Google Pay, and QR via VietQR

No fee

No device deposit fee, no installation fee and
no rental fee

Get notified all transactions

Monitor your transaction instantly on your mobile
via K PLUS Biz

Don't Miss Out, Apply Now ! Get 0% MDR For 60 days

Don't Miss Out, Apply Now !
Get 0% MDR For 60 days

Service that fits all store sizes, Easy to apply in 4 steps!

When applied by December 31, 2024, and installed by January 31, 2025

Service that fits all store sizes.
Promotion apply to all.

When applied by October 31, 2024
and installed by November 30, 2024

 
Register For Free
See more product details

4 Steps away to apply our service

1

Contact Sales or Call K-Contact Center.

Register For Free
(028) 3821 8888
2

Sales staff visit your shop.

3

Fill application form and submit documents.

4

Install and start accept payment and enjoy 0% MDR for 60 days.

Promotion

Don’t miss out, Apply Now and Get 0% MDR for 60 days

Service that fits all store sizes. Easy to apply in 4 steps!
When applied by December 31, 2024, and installed by January 31, 2025

Register For Free
Or Call K-Contact Center
(028) 3821 8888

More Information

Eligibility

Subject to the Terms and Conditions, the Bank reserves the right to offer the Campaign and Reward (as defined below) who meet the following conditions. Customers must meet all conditions to become eligible customer (hereinafter referred to as the “Eligible Customer”)

  1. Customers must submit the application form for apply KBank mayPOS or Kbank Tinh Tien by 31 December 2024 and complete the installation from 11 November 2024 to 31 January 2025.
  2. Must apply a merchant discount rate (MDR) of local card schemes VISA and MasterCard only at 1%.
  3. Both new and existing customer must have total sales per year via VISA card not exceed 1,800,000,000 VND or MasterCard not exceed 630,000,000 VND. (Once reaches these thresholds, MDR will be automatically adjusted from 1% to 1.6% (excluding VAT) within 15 days of the date the threshold is exceeded).
  4. For existing customer can apply for new store only. Customer who onboarded during the previous phase (4 Sep – 31 Oct 2024) cannot join this promotion
  5. Cashback MDR for the first 60 days after installation date, maximum 3,000,000 VND per merchant.

All Eligible Customer will be automatically registered to the Campaign and each merchant identification number (MID) is considered as 1 customer.

The eligibility for the Campaign and Reward offer will be subject to the Bank’s sole and absolute discretion.

Reward Condition
  • The MDR will be applied until customer breaches the threshold.
  • Transaction period: Within 60 days after installation date (no later than 28 February 2025)
  • Cashback period: Within 15 working days after end of each transaction period (no later than 21 April 2025), unless otherwise terminated earlier in accordance with the Terms and Conditions.
PeriodTransaction PeriodReward Distribution Date
111-30 November 202420 December 2024
21-31 December 202417 January 2025
31-31 January 202521 February 2025
41-28 February 202521 March 2025
51-31 March 202521 April 2025

FAQ

In the first 60 days, does a merchant need to pay any MDR fee?

Yes, customer still need to pay the MDR fee but KBank will cashback the fee within 15 working days of the following month (as per the disbursement details). Additionally, customer is still required to pay “VAT” on the MDR.

If a customer has already installed KBank máyPOS before 4 September 2024, but needs to install more POS during promotion period, will they be able to get this promotion?

It depends on their current usage and can apply for new store only. An existing customer can install more if the total annual sales via VISA card do not exceed 1.8 Billion VND or MasterCard do not exceed 635 Million VND. If neither criterion is exceeded, customer can apply and install more with a 1% MDR* and receive the promotion for their new store only.

For example, if a customer currently has 1 store with a 1.8% MDR and wants to install another store, only the new store will receive the 1%MDR* and the MDR cashback for the first 60 days of usage.

If a customer has already installed KBank máyPOS after 4 September 2024, but needs to install more POS during promotion period, will they be able to get this promotion?

Existing customer who onboarded between 4 September and 31 October 2024 and has already received MDR cashback from the previous Zero fee, all free promotion are not eligible to join the program.

If a merchant has already terminated and no longer has any KBank mayPOS with KBank, can they reinstall using the same store ID?

The customer can apply, but KBank will review the request on a case-by-case basis, depending on the reason for the prior service termination.

How long will customer receive a MDR of local VISA and Master Card at 1%?

The MDR of 1% will apply to local VISA and MasterCard transactions until the annual sales volume (transaction amount) of local VISA or MasterCard exceeds 1.8 billion VND and 630 million VND, respectively. Once a customer's usage reaches these thresholds, the MDR for local VISA and MasterCard will automatically adjust to 1.6% (excluding VAT) within 15 days of exceeding the threshold.


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