Business Accounts
Current accounts for sole traders, partnerships and companies.
Business banking
Never lose a sale to 'cash only'
Card terminals and payment links for shops, cafés and restaurants, with your money in your account the next business day.
Applications are not possible: this is a fictional test website.
Key benefits
Accept every tap
Contactless cards, chip cards and phone wallets on one terminal.
Next-day money
Card sales settle into your business account the next business day.
Free terminal when you are busy
JOD 8 a month, or free when monthly card sales pass JOD 10,000.
Payment links
Send a link for delivery, phone and social media orders.
Who it's for
For businesses that serve customers face to face or on delivery.
- Cafés and restaurants with table and counter service
- Grocery stores, pharmacies and mini-markets
- Salons, clinics and service shops
- Home kitchens and small brands selling through social media
Features
- Countertop and portable terminals
- Contactless, chip and phone wallet payments
- Payment links and QR codes
- Tips and split-bill on restaurant terminals
- Daily sales reports in the business app
- Next business day settlement
Rates and figures
| Item | Fee |
|---|---|
| Local card transactions | 1.5% per transaction |
| International card transactions | 2.5% per transaction |
| Terminal rental | JOD 8 per month (free above JOD 10,000 monthly sales) |
| Payment link transactions | 2.0% per transaction |
| Settlement | Next business day |
Fictional figures for software testing.
Fees and charges
| Set-up | Free |
|---|---|
| Terminal rental | JOD 8 per month |
| Lost or damaged terminal | JOD 120 |
| Chargeback handling | JOD 15 per case |
Eligibility
- Registered business with a valid trade licence
- Lanternvale business account for settlement
- Physical premises or verified online sales channel
Documents you need
- Trade licence or commercial registration
- Owner and signatory IDs
- Business account details for settlement
- Photos of premises or link to the online store
How to apply
- Tell your business banker about your sales
- Choose terminal type and quantity
- Our team visits to install and train your staff
- Start accepting payments
Frequently asked questions
When do I receive my money?
Card sales settle into your business account on the next business day.
How do I get the terminal for free?
The JOD 8 monthly rental is waived in any month your card sales exceed JOD 10,000.
Can I accept payments without a terminal?
Yes. Use payment links or a QR code from the business app.
What happens if a customer disputes a payment?
We notify you and help you respond. A JOD 15 handling fee applies per chargeback.
Related products
Working Capital Finance
Revolving credit lines and invoice finance to smooth cash flow.
Payroll Services
Pay staff salaries in one upload, with payroll cards for unbanked workers.
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Business Accounts
Current accounts for sole traders, partnerships and companies.
Lanternvale Bank is fictional. Figures are examples for software testing. Products would be subject to local banking regulation.