Payments

15 businesses ideas with a low investment

Does the entrepreneurial streak run in you? Are you ready to start your own business, but are unsure of which road to pursue? In this blog post, we highlight 15 of the most profitable and successful small businesses. And the best part is that these businesses can be started with a low investment. We hope…

5 Christmas tips for small businesses from myPOS

In one of the most exciting periods of the year – Christmas and New year, we turn to local businesses and independent professionals who are facing various challenges due to pandemic circumstances. Very often, it’s when we are challenged by limitations, that we step out of our comfort zone and look for alternative solutions to…

What Age Can You Get a Debit Card in the UK

Whether you’re a pre-teen or teen and you’re wondering about getting a debit card for yourself or you’re a parent who’d like to get a debit card for your child, this blog post answers all your questions regarding this important step and decision in life. Table of Contents Why do debit cards have age limits?…

Why your Mastercard SecureCode might not be working

The global ecommerce space is booming with billions of transactions taking place on an annual basis. That being said, there’s a need for increased layers of security to prevent your card details from getting into the wrong hands. This is one of the reasons why Mastercard introduced its SecureCode to the online shopping space. What…

What happens when a merchant gets a chargeback

Imagine your surprise at the end of the month when your debit or credit card statement arrives and you don’t recognise a transaction on it. What do you do? Do you approach the merchant directly or can you go to your bank to dispute the faulty service or products and services you paid for but…

Deploying payment technology for a good cause

The first thing that comes to mind when one hears payment technology is a system in favour of selling goods and services. Let us tell you a story about how a payment solution can be utilised towards helping children in need. Children are not only our future, they are the harbingers of all the good…

What are EMV and NFC payments?

There are many financial and fintech acronyms that are bandied about these days, two of which are EMV and NFC. Although they may appear rather similar at first sight, these are some differences regarding how these two payment types are made. In this blog post, we explore what they are. EMV payments EMV, which stands…

How long does a debit card refund take?

You’ve bought a gift for someone you care about, but it’s perhaps not the right size, or the recipient didn’t really like it. Now it’s time to return it, but you’ve paid with a debit card. So, how do you claim a refund, and how long does it take for the refund to appear on…