Area Sales Manager - Merchant Acquisition Key Accounts

5 - 10 years

2 - 6 Lacs

Posted:2 weeks ago| Platform: Foundit logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

An Area Sales Manager for Merchant Acquisition isresponsible for leading a team to acquire new merchants for services likePoint of Sale (POS) terminalsand payment solutions. Key duties include managing a sales team, generating leads through bank branches and referrals, overseeing the sourcing of new merchants, ensuring high sourcing quality, and tracking performance metrics. The role also involves training sales staff, managing relationships with merchants, and sometimes identifying cross-sell opportunities.

Key responsibilities

  • Team management:

    Recruit, train, and manage a team of sales officers to achieve acquisition goals.
  • Lead generation:

    Generate leads and referrals from bank branches, local leadership, and market research.
  • Merchant acquisition:

    Oversee the sourcing of new merchants for services such as POS machines and payment processing.
  • Sales strategy:

    Develop and implement sales strategies to acquire new clients and grow the merchant base.
  • Performance tracking:

    Monitor team performance against targets, analyze data, and generate reports on key metrics.
  • Compliance:

    Ensure all merchant acquisition activities comply with KYC, costing, and other company policies.
  • Merchant relationship management:

    Maintain and build strong relationships with new and existing merchants, addressing their needs and concerns.
  • Training and support:

    Provide training and support to new merchants on the company's products or services.

Qualifications and skills

  • Experience:

    Several years of sales experience, particularly in merchant acquiring, POS sales, or channel sales, are often required. Experience in banking, fintech, telecom, or insurance is a plus.
  • Leadership:

    Proven ability to coach, manage, and motivate a sales team.
  • Sales skills:

    Strong sales, negotiation, and client relationship-building skills.
  • Technical skills:

    Proficiency in tools like MS Excel and CRM software is often necessary.
  • Communication:

    Excellent communication and presentation skills.
  • Market knowledge:

    A strong understanding of the merchant acquiring business and the local market.

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Indusind Bank logo
Indusind Bank

Banking and Financial Services

Mumbai

RecommendedJobs for You