myPOS enables businesses to accept card payments

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The myPOS solution enables merchants to accept card payments without a bank or а bank account.

iPay International S.A., the provider of the innovative payment solution ‘myPOS’ is pleased to announce its arrival in the Czech Republic. myPOS helps small and medium-sized merchants to start accepting card payments in an affordable and more efficient way as this unique business model offers instant access to money without any form of monthly or other fixed charges, thereby breaking down the major barriers to card acceptance for micro merchants. Officially introduced last year (on the MWC in Barcelona), myPOS is already enjoying huge interest and has quickly become a success story in each of the countries where it has been introduced.

This new solution is a complete package which includes a POS device, free merchant account and free MasterCard card, and it helps merchants to boost their sales and expand their customer reach by accepting card payments on the go or in the store, whenever they want or need to.

myPOS is a multicurrency solution where merchants can accept payments with major credit and debit cards – MasterCard, VISA, Maestro, VISA Electron, VPay or JCB at any time, in any place. Easy to use online merchant tools and a Mobile App guarantees non-stop access to transaction details, account/card history and payment functions for money transfers to almost any bank account in the world. By using the Business MasterCard, merchants can instantly withdraw cash on any ATM accepting MasterCard, or pay in any shop or on any website that accepts MasterCard.

“The ability to accept payments with the use of myPOS and, at the same time, have instant access to those funds through the MasterCard Business card is a revolutionary concept in the payment industry… I find it to be a great solution for SMEs in particular, since it also helps business to improve their cash flow and overcome one of their key challenges – collecting payments quickly and avoiding non-payment” said Artur Turemka, a senior MasterCard Executive.

myPOS devices are certified with the latest payment industry standards and support CHIP & PIN, as well as Magnetic Stripe and Contactless transactions with the highest level of security for merchants and their customers.

For more information about myPOS please visit www.myPOS.eu