Research indicates that globally, around 69% of adults have a banking account, which means that a large majority of the adult population does some form of banking and engages in money transfers through their bank account numbers. But in which cases is it safe to give someone your sort code and account number? In the…
In this day and age, there are a multitude of ways to perform financial transactions. One of the lesser known methods is MOTO payments, which stands for Mail Order Telephone Order. MOTO transactions are usually performed manually where the merchant enters a customer’s card details (PAN and expiry date) into a Virtual Terminal. It is…
Here’s a scenario for you: you swipe your contactless over the card reader a couple of times, but the device says that the processing has been declined. Let us guess – Is paying by contactless not working at all, since the transaction has been refused? At that moment you were pretty certain that there were…
No matter which bank you use, once a month (probably) you get a bank statement, which lists all the transactions you have made during this time period. It shows you where your salary has gone and what you have purchased. But what happens when you spot a transaction you don’t recognise and don’t remember making?…
VAT may be necessary, but few of us enjoy being surprised by a charge we thought was included in the price of something but wasn’t when paying through legal tender or a note payable. Some institutions have even taken to charging VAT on financial services, depending on what they offer. But what about bank charges?…
If you live in the UK and do a lot of shopping online, it’s very likely that you’ve encountered some fees on your transactions transcript that you didn’t immediately understand. Maybe they manifested themselves as a “PURCH fee”, or perhaps as a 2.99% “CD payment”. What are these anyway? What does CD mean on bank…
The rise of the Internet has allowed millions of people worldwide to purchase the goods they want quickly and easily, but in certain cases, purchasers still need to provide payment data over the phone. This is where critical questions arise – is it safe to give a CVV number over the phone? And what do…
Getting just 2 per cent interest on your UK-based current account is next to impossible nowadays and you’d be lucky if you get close to 1 per cent on your savings. You find yourself looking up the high-interest accounts that exist, but you discover there’s a catch: you need at least 2 direct debits to…
Running a business has never been an easy task – as an owner you have to come up with a business strategy, enforce policies, keep the competition in check, deal with happy and unhappy clients and ultimately make a profit. The car rental business is no different – except that in these cases you will…
With the summer season in full swing, millions of people engage in touristic activities such as going to a sea resort or high up in the mountains to enjoy nature. No matter where they go, their ultimate goal is to relax and have fun – and this means a vacation FREE of problems of any…
Hotels, B&Bs, taxis, restaurants and cafes, gift shops, local art and entertainment centres – they all make a certain place unique, authentic and memorable. They provide local communities with meeting places for dinner, relaxation and shopping, and offer unique experiences to visitors and travellers. They support the local economy.
myPOS is suitable for literally any business out there in need of taking payments. But which industries trust myPOS the most, and what exactly drew them to us? Let’s take a peek at the numbers and figure out the top 5 most popular industries among myPOS merchants!
myPOS, like pretty much any company, would be nothing without its clients – after all, how can we help your business grow if there is no business? Indeed, keeping our merchants satisfied is our utmost priority, which is why we always do our best to help them out, providing them with on-point support and with services relevant to their business regardless of their industry.
We all anxiously await our yearly vacation, hoping to get new emotions or a few days of rest instead of problems. And yet, quite often, we get the latter alongside the former, and a most of the time it’s related to the method of payment.
It’s holiday time again! The shopping rush kicked off on Black Friday and will continue until New Year. Consumers have switched to a buying mood and retailers now have a chance to skyrocket sales. Not sure where to start with the holiday preparations? We’ve put together a few tips that will help you.
