| Onboarding | Merchant Current Account opening and merchant-acquiring/device activation require YES BANK onboarding and KYC for the relevant business/merchant service. | AU QR onboarding is digital through AU 0101 Business App: merchant completes details, selects settlement account and VPA, confirms delivery/address where applicable and chooses a settlement cycle. |
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| Acceptance rails | The current bank page lists POS terminals, BQR standee, cards, UPI and SMS-link payments as end-to-end merchant collection modes. | AU UPI QR accepts payments from UPI apps, UPI Lite and RuPay credit cards on UPI. Separate POS and payment-gateway services extend card/online acceptance. |
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| QR / UPI / Bharat QR | BQR/UPI and QR-linked Soundbox activity is part of the merchant proposition; throughput through POS/QR/Soundbox can count toward the dynamic-tier account model. | Static and Dynamic QR are supported, including app-generated dynamic QRs and multiple QR issuance; merchants can enable/disable RuPay credit-card transactions on their VPA from the app. |
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| POS / Soundbox | POS and Soundbox are explicit merchant solutions. The current page offers variant-linked rental/installation incentives and no Soundbox charge in a qualifying throughput month rather than one universal free-device promise. | AU Soundbox provides instant voice confirmation and can be requested in-app with a selected rental plan. POS is separately published as a merchant acceptance service. |
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| Gateway / links | SMS-link payment is explicitly supported. A universal full payment-gateway entitlement is not inferred from this current-account merchant page. | AU publishes a separate Payment Gateway product for website acceptance; it is not treated as automatically included with QR onboarding. |
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| Settlement | The reviewed current merchant-account page does not state one universal POS/UPI settlement timetable, so settlement remains acquiring-plan/rail specific rather than guessed. | AU lets merchants select Instant or Once/Twice-a-Day settlement for UPI QR. The reviewed FAQ also publishes scheduled windows: receipts from 11:00 p.m.–4:00 p.m. settle same day around 8:00–10:00 p.m.; receipts from 4:00–11:00 p.m. settle next day around 11:00 a.m.–1:00 p.m., depending on selected cycle. |
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| MDR / rental | Published account-side throughput incentives are preserved: Merchant Easy/Prime/Elite monthly throughput requirements are ₹50,000/₹1,00,000/₹2,00,000 against AMBs of ₹25,000/₹50,000/₹1,00,000. Device/MDR pricing remains variant/merchant specific. | AU QR is advertised with zero upfront/setup cost. Soundbox has selectable rental plans. Specific campaign/account waivers or POS pricing remain scoped to the named campaign/current-account variant rather than generalized. |
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| Refunds / chargebacks | No universal current public refund/chargeback SLA is inferred from the Merchant Current Account page; applicable acquiring and card/UPI dispute rules control. | If QR credit is missing beyond the applicable settlement window, AU directs merchants to support; card/UPI disputes and refunds remain rail-specific and no universal cross-rail SLA is invented. |
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| Reconciliation | Merchant collection modes and the bank's merchant solution/app ecosystem support transaction management; exact report/export capability remains product/app specific unless directly published. | AU 0101 Business App shows real-time transactions, settlements, transaction history, filters and downloadable reports. |
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