savings business
Eazypay Express Credit

Instant Card Settlement

Instant Card Settlement allows merchants to receive money instantly into their linked ICICI Bank Current Account - on Eazypay POS transactions - instead of the next day settlement cycle.

Why should merchants opt for Instant Card Settlement?

  1. Daily Instant money transfer, including weekends and bank holidays
  2. Empowers merchants to reinvest their funds into business purchases immediately or cover bills and other expenses safely
  3. No documents required for activation
  4. Direct flow of money into linked Bank Current account, instead of a third party wallet

Additional Charges* Applicable for “Instant Card Settlement”

  • Debit Cards: Merchant Discount Rate (MDR) + 0.08%
  • Credit Cards: MDR + 0.20%

*GST applicable

How do you apply for Instant Card Settlement?

Instant Card Settlement facility is extended only to Individual and Proprietorship accounts and can be availed through the InstaBIZ app - ‘Merchant view’ only.

*Terms and Conditions apply.
Applicable on specific POS terminal- Smart on the Move(D200), GPRS and Android POS(APOS) terminals only.
This facility will be enabled subject to approval.
International BIN, Amex, Pre-Auth, Pre-Auth Completion, Fallback and MOTO type of transactions shall be not eligible for POS Instant Card Settlement.

Scroll to top

arrow