Efficiency of business according to high-tech solutions
IBY realizes the significance of the challenges in competitive markets; therefore, the bank offers prevalent POS services, as designed in order to raise the efficiency of business to accomplish success and improve sales with customers more easily and safely, according to the latest high-tech solutions.
POS (Point of Sale) is considered as the ideal choice for customers to pay the value of items or service
Points of sale are electronic card receivers such as Visa Card - Master Card - American Express. So that it enables you to pay easily and conveniently without the trouble of carrying cash like paying to the (merchants), shops, markets and various sectors that want to accept payment by credit cards.
Point of Sale is the best option for the customer to pay for the good or service he gets... instead of paying cash and carrying cash... through the credit card he carries with him.
These point of sale devices are connected to global financial networks so that they accept the customer’s card and from anywhere in the world from which the card was issued, whether it is Visa Card, MasterCard or American Express.
Advantages of using a Point of Sale (P.O.S) machine:
- Safety: as it spares the customer as well as the merchant from carrying cash and the risks related to theft or counting errors.
- Point-of-sale devices transfer funds directly to the merchant's bank account, which saves him the process of depositing and transferring funds.
- Cards are accepted from all over the world.
- It is an important electronic service that helps the national economy in terms of limiting the circulation of cash and its damage, as well as the most appropriate alternative to solve the problems of liquidity in the local market.
- Providing additional service to customers, which helps in competition.
- Increasing sales: As the customer buys more with the card than with cash.
- It is easy for the merchant to adjust his accounts and the daily income of his sales.
- Reducing problems related to the currency, whether it is damaged or counterfeit.
The conditions to get POS:
1. Owning a commercial account in the bank.
2. Make a cover letter for the point of sale request.
Frequently Asked Questions
The Supreme Administration of the bank established a new department called Al-hodhod particular to take care of our customers abroad.
You may contact us on
Land phone: 01-407000
- Fast Transferring from/to your bank accounts.
- Free ATM card.
- Easy Access to the accounts via free electronic Banking Service.
- The interest can be counted based on a minimum credit through a month; its entry will be every six months (semiannual) to the account.
- 24-hour ability to deposit/ withdraw your money via Bank ATMs over all areas in Yemen.
- Free periodically account statement.
- E-banking Service.
- Free SMS regarding to account turnover issued upon request of the customer.
- 24-Hour free online E-banking Service.
Deposit accounts either are available for all customers' retails, institutions, or businesspersons. They all can get benefit of investing their money with high competitive interests for different periods of links up to one year. They can open accounts in either local currency or foreign currencies.
Getting a free Visa Electron card.
- Take advantage of online services 'Messaging Bank', 'the phone Bank'.
- Get what you need from loans and advances to meet your needs with exclusive conditions. Free Balance and financial movements executed on your account by signing up for the service SMS is free of charge.
- Free SMS
As far as you open an account, you get free ATM card.
Free phone number via CDM: 800600 or GSM: 6000
Available for all customer inquiries through phone bank service 24 hours-7 days.