Product Sales Manager Branch - Merchant Acquisition

3 - 6 years

3 - 7 Lacs

Posted:11 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

A Product Sales Manager for Merchant Acquisition isresponsible for acquiring new merchants for payment solutions like POS terminals, managing the merchant portfolio, and driving business growth through a network of retail branches. Key duties include generating leads, onboarding merchants while ensuring regulatory compliance, managing relationships with existing clients, and reporting on sales performance. This role requires sales leadership, a deep understanding of the merchant acquiring business, and collaboration with branch teams to identify and close sales opportunities.

Key responsibilities

  • Merchant acquisition:

    Identify and acquire new merchants for products like Point of Sale (POS) terminals and Bharat QR solutions.
  • Sales and lead generation:

    Work with branch teams to generate leads and close sales opportunities, both independently and through referrals.
  • Onboarding and compliance:

    Onboard new merchants according to regulatory norms, including Know Your Customer (KYC) and other compliance requirements.
  • Portfolio management:

    Manage and service existing merchant accounts to ensure activation, retention, and growth through cross-selling other products.
  • Relationship building:

    Build and maintain strong relationships with merchants to drive revenue and retention.
  • Performance reporting:

    Generate performance reports, analyze sales trends, and identify opportunities for improvement.
  • Sales leadership:

    Recruit, train, and manage sales officers to achieve business goals.

Required skills and qualifications

  • Experience:

    3-6 years of sales experience, preferably in the merchant acquiring or POS business.
  • Business knowledge:

    Deep understanding of the merchant acquiring business, including costing and pricing models.
  • Sales and negotiation:

    Strong sales, negotiation, and lead generation skills.
  • Technical skills:

    Proficiency in MS Office (Word, Excel, PowerPoint).
  • Soft skills:

    Excellent communication, leadership, and customer relationship management skills.
  • Education:

    A graduate degree is typically required.

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Indusind Bank logo
Indusind Bank

Banking and Financial Services

Mumbai

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