Payment Solutions

What is SEPA instant – Your guide to sending real-time payments

What are SEPA instant payments

With today’s increasingly digital economy, consumers and businesses alike have found themselves in need of fast and easy options for sending payments across borders. Although instant payment solutions have been around for a long time in many countries in Europe, they are limited to only domestic transfers or among the same payment service providers. However,…

What is a value proposition? (A simple definition)

What is the definition of a value proposition

Most entrepreneurs that go into business do so for a very specific reason. Setting profit aside, they also believe that the product or service that they offer is something unique. It fills a gap in the market. It meets certain needs and resolves pain points. As such, they’re offering something of value to their target…

Managing a Tuscan chocolate factory with myPOS

Модерна фабрика за ръчно изработен шоколад

The story of an entrepreneur who has the superpower and passion to make perfect chocolates and grow his business with myPOS. All lovers of great chocolate can now rejoice as Krasimir Zhelyazkov, the creator of Tuscani Eccellenze di Cacao, has crafted something truly special. That’s why today we’ll take you on a virtual journey to…

What is SEPA – Single Euro Payments Area explained

What is SEPA and why is it needed

You’ve set up your business and are running it in Europe. Given this, you are most likely exchanging goods or services with other companies on the same continent and this means you need to make or receive payments in euros outside your national system. In this case, transfers will be made via SEPA. But what…

What is SWIFT and what is its role in payments?

What is SWIFT and how does it operate

You’re on one side of the world and the person to whom you want to send money, or the company that owes you, is on the other.  No matter where on the globe amounts start their journey and where they’re expected to end it, they sure will make it.  SWIFT is what facilitates the process….

What Is an SME (Small and Medium-Sized Enterprise)

What are SMEs and how do they function

To discuss what SME Small and Medium-Sized Enterprise) is, we first need to talk about business. Apart from generating a profit, its fundamental purpose is to express the inborn human daring to transform one thing into another.  When this new thing, which we’re used to calling a product, serves not only its manufacturer but solves…

Entrepreneur: What Is It and What Types Are There?

See what an entrepreneur means

There are people who walk among us with a unique vision for life. They are bold and brave. They want to make a change. And they have the grit to withstand all obstacles to make their vision come alive.  Two centuries ago, people bartered and apprenticed for their professions only to stay in them for…

How an Edinburgh black cab driver chose myPOS

A hackney carriage taxi driver and myPOS

With a population of nearly half a million people, Edinburgh, the capital of Scotland, is a hilly yet compact town with a rich history. Each year, it attracts scores of global tourists who are drawn to the mediaeval Old Town, the Georgian New Town with gardens and neoclassical buildings as well as the famous Edinburgh…

99% Local: How myPOS helps local merchants grow

Some people need a lot of space to operate in, such as big offices in big buildings. However, for Philippe Cheret, owner of La cave du mac, this is not the case. Comfortable in his 15m2 workspace, Cheret is a self-employed myPOS merchant in France who specialises in the repair and sale of primarily Apple…