As the world of payments continues to evolve, the use of Chip and PIN machines and contactless payments is witnessing a significant increase. With the increasing preference for convenient and secure transactions, businesses across various industries recognize the importance of having chip and PIN machines in their stores and businesses, both for themselves and their…
Accepting credit or debit card payments from clients for goods or services is known as credit card processing. From the moment a consumer swipes their card until the money is transferred into the merchant’s bank account, there are several processes involved. The procedure begins when clients swipe or insert their credit card to present the…
Electronic payments are driving business costs down in many ways. For example, risks are minimized as business owners get more visibility into transaction data and relationships are improved as suppliers get paid faster. Overall, modern payment solutions drive business growth and that’s precisely why Augsburg International partnered with myPOS. Paula Stan, CFO Augsburg, explained: “Tapping…
The challenges of an entrepreneur are many – especially when it comes to selling handmade art. NayaCeramica, however, is an example of how one could grow a passion into a thriving business and sell without borders – at festivals, on Instagram or anywhere else customers go. Twenty years ago, Naya Alves began her journey with…
myPOS is thrilled to announce a partnership with Coca-Cola HBC Hungary through which the bottling company’s distributors will start handling digital payments. The Hungarian distributor fleet has been equipped with 450 devices myPOS Carbon – the exceptionally durable and water-resistant smart POS, powered by Android 9.0. myPOS Carbon takes advantage of the myPOS AppMarket where…
Starting a restaurant may be one of your major business aspirations, but you need to be well-prepared financially to get off to a good start. With this in mind comes the question of how much does it cost to open a restaurant in the UK. Although there is no single fixed amount that you will…
Aspiring entrepreneurs with a passion for food and customer service have numerous options to choose from regarding opening a restaurant in the UK. With the world recovering from the onset of the Covid-19 pandemic where many restaurants and coffee shops had to close their doors, new opportunities are being presented for opening a restaurant that…
Sometimes, having award-winning products and a big portfolio is not enough for company growth. Even when you are a known company that supplies spas and hair salons, new challenges arise. The beauty company INSIGHT Professional Cyprus is an example of how a business can bring new fintech tools to the table to attract more customers…
Purchasing the first POS terminal is a big step for any small business. Not only is it an investment that merchants can only hope will prove worth it, but if used correctly, it can provide business owners with more flexibility, optimise daily work operations and guarantee a hassle-free checkout experience. Nowadays, more and more companies…
European award-winning fintech myPOS has partnered with Samsung to introduce myPOS Glass on the Nightjet, the Railjet and on frequented regional route trains of the Austrian Federal Railways (ÖBB). myPOS Glass is an innovative Soft POS that can turn any Android phone, which supports NFC technology, into a POS terminal without the need for additional…
myPOS has partnered with Raiffeisen Bank to empower businesses in Hungary through innovative payment technology. Raiffeisen customers in the country can now take advantage of the myPOS platform and get paid across all channels: in-store, online and on the go. As a result of the unconventional partnership, everyone with a Raiffeisen account can immediately start…
The retail sector in the UK is going through some fluctuations on a month-on-month basis. Although there was an overall 0.4% drop in overall sales volumes for retail sales in November and a 2.8% drop for predominantly online retailers, the sector is still a major contributor to the economy. In fact, in November 2022, it…
Amazon may have swept through the globe as the world’s biggest online retailer, and although online shopping is here to stay, there’s much to be said for the physical in-store experience. Many people long for the days spent on Main Street where the store owners and staff knew them, greeted them by name and offered…
Dating as far back as the 18th century, retail includes markets, department stores, specialty shops and more. Aspiring entrepreneurs who are considering opening a retail store will find the opportunity to be financially lucrative and also rewarding by being able to meet their community’s needs. Whether you’re thinking of boutique clothing, make-up and beauty, accessories,…
Despite the massive shift to online shopping and online stores over the past few years, there remains an overwhelming number of shoppers who enjoy and prefer the physical in-store experience. Although many retailers have gone through challenges as a result of the Covid-19 pandemic, they remain relevant in the business landscape and will continue to…
