What is AQSAT Payment Service?
AQSAT payment service is a financial transaction through which the price of a specific product is paid in a series of installments over a specified period and under certain conditions. This service involves paying for purchases by dividing the total amount of the desired product into equal payments. Consumers typically use installments to purchase moderately priced goods such as phones, computers, food items, and medicines.
Benefits of AQSAT Payment Service
AQSAT payment service offered by the National Commercial Bank includes:
- Enhancing the level of banking service provided by the bank
- Being a new product that reflects the bank's electronic transformation
- Purchasing in installments without a guarantor
- Providing the best electronic solutions for both merchants and the bank's customers
- Contributing to reducing customers’ need to visit banks and minimizing crowdedness
Beneficiaries of AQSAT Payment Service
AQSAT payment service is designed specifically for merchants with medium and small businesses of various activities and those subscribing to the bank's electronic payment services.
Importance of AQSAT Payment Service
AQSAT payment service is offered to National Commercial Bank customers wishing to meet their needs but are unable to pay in cash or pay the full price of the products. It allows for flexible payment over a period agreed upon by the merchant and the buyer. The use of installment sales methods by merchants is one of the selling techniques that attract a specific segment of customers.
How to Pay via AQSAT Payment Service
Upon the agreement between the purchasing customer and the merchant, a message is sent to the customer's phone registered in National Commercial Bank, informing them of the approval or disapproval of the purchase transaction with the total amount agreed upon with the merchant, showing the monthly installment value. If the customer agrees, a secret number is sent, which the customer provides to the merchant as final approval for the purchase transaction, completing the sale and purchase process.
Subscription Procedures for AQSAT Payment Service
If you are a merchant benefiting from the electronic services of National Commercial Bank, whether through your subscription to point-of-sale services, owning a private company, or having Mobi Mal Business or Yussor Pay application, all you need to do is visit your bank branch, fill out the subscription request form for the installment payment service, and sign it or register through the link for the merchant system wishing to subscribe to the bank's electronic payment services at:
https://cards.ncb.ly/