10 reasons to choose myPOS mobile payment terminal for your hotel

If you manage a hotel in today’s digital world, you cannot afford to ignore the payment revolution which has utterly changed the hospitality industry and the customer behaviour.

People embraced new and better ways to pay and your guests expect that you do the same thing.

If you are planning to take this step and start accepting digital payments, check out this list of 10 reasons why the myPOS payment terminal is the right choice for your hotel business.

#1 No monthly fees or hidden costs

Plenty of the payment processing services on the market have hefty fees and strict volume commitments.

One of the greatest advantages of myPOS is that there are no annual or monthly service fees to accept payments. You only pay a small charge for each processed transaction and there aren’t any requirements when it comes to the volume of processed transactions.

Everything is as simple as that – if you stop using payment terminal or the free of charge e-money multi-currency account for a couple of months, there are no costs for your business. Isn’t that great (looking at you seasonal businesses)?

#2 No long forms, no contracts required

Remember the long queues in the banks? Well, for us they’re already in the past because myPOS offers easy, straightforward and 100% online application.

You don’t need to visit an office to get a payment terminal. All you need to do is simply choose the preferred POS device from the myPOS Online Store and then complete the online registration at our website.

We will deliver your myPOS payment terminal straight to your door and you will be ready to start accepting card and mobile payments sooner than you’ve expected.

#3 FREE e-money account and instant settlement of all payments

Normally, it takes from 3 to 5 business days to receive the funds from payments into your bank account. With myPOS, there is no more waiting – the money arrives in your myPOS account immediately. This means that as soon as the payment is processed, the funds are at your disposal – to pay suppliers, agents, partners or cover any unexpected costs.

#4 Acceptance of all major credit and debit cards

Whether your guests want to pay by card, with a smartphone or other NFC-enabled device, you will be able to meet their expectations and offer speedy and seamless customer experience.

The myPOS payment terminals accept payments with debit and credit cards, issued by the leading card schemes VISA, Mastercard, Maestro, JCB, Union Pay, Bancontact and American Express. Plus, you can easily process mobile payments made with Apple Pay, Samsung Pay and the LeuPay Wallet.

#5 Features for accepting secure online payments

For decades, the hotel reservations received via online channels outnumber the offline bookings. Hence, the online distribution generates the greatest profit and online payments are crucial success factor in the hotel business.

Luckily, myPOS offers free access to a whole host of online features – myPOS Checkout, PayButtons, PayLinks and Payment Request. They enable you to accept online payments on websites, through the social media channels or even by sending an email or SMS to your guests.

The best part is that myPOS’ online features are secure, easy-to-use and available for free in the myPOS account. You don’t need to sign any contracts, pay setup fees or buy additional software.

#6 Easy and secure MO/TO payments

It’s a well-known fact that MO/TO payments are quite common for the hotel business. That’s why we designed a virtual terminal which turns any computer, tablet or mobile phone into a powerful tool for processing card-not-present transactions. No matter where you or your guests, you will be able to take bookings and payments from them fast and hassle-free.

In addition to the Virtual Terminal, you can also process MO/TO payments via the physical myPOS payment terminal.

#7 Multi-currency accounts

When you open an online account with myPOS, you get the great opportunity to create sub-accounts in 10 different currencies (EUR, GBP, USD, CHF, JPY, RON, PLN, BGN, CZK, HRK). Forget about the excessive currency exchange fees or going to the bank to open a new account – just log in to myPOS and create as many accounts as you want.

#8 Powerful mobile apps for Android and iOS

The myPOS mobile app is intuitive, easy-to-use and empowers you to manage your hotel business from anywhere. The app allows you to check transaction details, monitor accounts, make internal or bank transfers, manage your myPOS terminals and lot’s more.

#9 Robust reporting and statistics

Every hotel owner or manager is required to make tough business decisions, and these decisions should be backed up with real data and numbers. The good news is that myPOS ensures that this information is only a few clicks/taps away. It’s organised in pie charts, graphics, dashboards and reports, which can be easily found in your myPOS merchant account.

Furthermore, you can filter the data or download it in different file formats for accounting or other business purposes.

#10 Support team available 24 hours a day, 7 days a week

Whenever you have questions or need assistance, our team of experts will be ready to help. They speak different languages and know everything about payments. So, rest assured – even if you encounter any problems, the help is only one phone call or email away.

So, there you have it – 10 good reasons to choose myPOS for your hotel business. If you are ready to give myPOS a try, get started by visiting myPOS Online Store or contact us at sales@mypos.com.