E-solutions & Services

Features & Benefits

• Collections management
• Receive instant value for payments made
• Reduced cash handling charges
• Improved account reconciliation
• Eliminates the hassles of clearing & confirming cheques

Eligibility

• You must have a Lotus Business Account (Savings or Current)

How to apply

• Click here to fill the POS Enrollment Form
• Contact us via Email

Merchant Payment

• Merchant settlement is T+1. Settlement for transactions is completed a day after the day of the transaction.
• Transactions done on Fridays and weekends get settled on Monday.
• Transaction settlement is done as a bulk sum and not per transaction.

Viewing of transactions & Statement Generation

• Merchants can view transactions and generate statements through LOTUS Grit.
• Sign up to LOTUS Grit here
• Once sign up is complete, you can log in using your valid username and password to view transactions and generate statements.

** Kindly click the button below to download the POS Merchant Application Form.