What advantages does myPOS offer over a bank?
myPOS offers numerous advantages, providing businesses with a wide variety of benefits and features beyond traditional banking solutions. Here's a detailed comparison:
Like any bank, myPOS offers:
• Online Banking Alternative: myPOS provides an online e-money merchant account for transfers and mass transfers.
• Cash Withdrawal: You can withdraw cash from any ATM that accepts Visa or Mastercard.
• Credit Card Payment Machine: Accept onsite payments using a credit card payment terminal.
• Virtual Terminal: Accept MO/TO payments through a Virtual Terminal.
Unlike any bank, myPOS offers:
• No Monthly or Yearly Service Fees: Enjoy financial services without recurring service fees. For the full breakdown of our pricing and tariffs, please click here - https://www.mypos.com/en-ie/pricing-and-fees/fees.
• No Long-term Contractual Obligations: Flexible terms without binding long-term contracts.
• No Installation Fees: Set up your payment solutions without additional installation costs.
• Instant Settlement of All Payments: Get immediate access to funds from transactions.
• Multi-currency IBANs: Access up to 50 different IBAN accounts in multiple currencies with a single IBAN.
• Free debit card: receive a complimentary business payment card for direct access to finds.
• Free Data Card: Ensure a mobile connection anywhere in Europe at no cost.
• Online Payment Services: Utilise services like MO/TO Virtual Terminal, Payment Request, Payment Tag, PayLinks, PayButtons, and Checkout with no setup or monthly fees.
myPOS stands out by offering instant payment settlements and eliminating various fees that are typically associated with traditional banks. The added convenience of a multi-currency IBAN and free business tools further enhance its appeal to businesses looking for a modern and flexible financial solution.