Tips

SEPA and SWIFT money transfers – what is the DIFFERENCE?

SEPA and SWIFT money transfers - what is the difference?

Here, we enable clients to make SEPA and SWIFT transfers securely and safely through their free online account or our mobile app. However, if you are not particularly familiar with finances, you might be wondering what exactly these types of transfers mean, what’s the difference between the two and how they benefit your business. Let’s…

How Multi-Operator Mode & Tipping Feature Work

How Multi-Operator Mode & Tipping Feature Work

Achieving success requires hard work, innovations and taking care of the smallest details, that don’t seem to have direct impact on your business profits at first sight. However, when you look at the big picture everything changes. myPOS features of such kind are Tipping feature and Multi-operator mode that you can find in the menu…

Payment Trends and Innovations in Retail and Hospitality

Over the past few years, the disruptive payment technologies have utterly changed and transformed the business reality. The retail and the hospitality industries make no exception. What are the top payment trends and innovations in the retail and the hospitality industries? What positive changes they are bringing to customers and businesses? Read below to find…

5 Fintech Terms You Should Know

Fintech Terms Every Business Owner Should Know Are you struggling to keep up to date with all Fintech terms that are rapidly becoming a part of our everyday language? Do you feel overwhelmed with the new words and phrases used in finance? Undoubtedly, Fintech is changing the way we live, we pay and we do…

A Retail Revolution – myPOS and the Lodging Industry

myPOS is designed to simplify payments for both, hosts and guests

The rise of the sharing economy With websites like Airbnb and Booking.com gaining momentum amongst travellers, the number of private individuals who decide to rent out their properties has been growing every minute. The “sharing economy” is becoming a reality and people are quickly and willingly adopting the idea of peer-to-peer accommodation. Practically anyone with…

Prepaid Cards for Business and Customers

Prepaid Business Cards

What Are the Benefits of Prepaid Cards for Business and Customers? Over the last couple of years, a new player in the financial industry has been steadily gaining popularity – the prepaid card. Before diving into the advantages of the prepaid card, let’s explain what it is and how it works. Simply put, the prepaid…

History of point of sale (POS) systems

Mechanical cash register POS system

From mechanical cash registers to modern POS systems in 145 years The idea and realization of the first cash register dates back to 1871, when James Ritty came up with it. He needed a machine to track his daily sales. Who wouldn’t want to know the exact daily turnover and whether the employees report the…

How myPOS resolves hospitality payment problems

hospitality pos

5 reasons to choose myPOS for your hospitality business Due to the significant rise in the tourism industry, the hospitality business has faced the need of process optimization and reduction of expenses. Automation of the payment process is a necessity, as mistakes happen even when you rely on highly-qualified staff. But when staff goes hand…

Top 3 Fintech Trends to Watch in 2017

fintech trends

Fintech world is so diverse and rapidly changing that consumers sometimes struggle to keep up with the latest trends and innovations. Companies are constantly developing smarter technologies and revolutionary solutions which shape up the digital future of the financial world. What will be the 3 top trends that we will watch in Fintech in 2017? Read on…

myPOS – Benefits for Merchants’ Business

New generation of business

A new generation of business automation A simple, yet powerful word, such as affordable has become ‘The Thing’ that catches every merchant/retailer’s attention. Or, ‘How to develop a business without having to invest a fortune’’, and still afford the latest software and hardware. It is intended to not only benefit the brick-and-mortar stores, but also…

5 steps towards cashless payments

cashless payments

How to increase revenues and expand your business through cashless payments You run a small business and so far, you have only accepted cash payments, and so you are providing only one payment option to your customers. Presumably, the more advanced a payment processing system is, the better conversion and revenues it generates. However, this…