Rental Activation Timeline and Key Steps

To ensure a smooth activation of your myPOS rental plan, it's important to follow the key steps and timeframes outlined below. This will help you avoid any delays or interruptions in the process.

  1. You can sign the Addendum within 14 calendar days after receiving an email notification about its availability.
    Once the 14-day period has passed, the status of the rental plan changes to Expired, and the Addendum can no longer be signed. In this case, a new Addendum can be generated by a Sales representative.
  2. Billing of the rental fees shall start immediately after signing of the Addendum.
  3. The system will automatically issue an invoice for every deducted monthly fee which you can review in your myPOS account.

Note: Rental Plan Statuses can be: 

  • Active – You can use the rented POS terminal and accept payments.
  • Inactive – You cannot use the terminal in this status. The plan is either not signed or no longer active.

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