Tips

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…

What is a Virtual POS Terminal?

What is a Virtual POS Terminal payment gateway

Why All Online Businesses Need Virtual POS Terminal and Can’t Prosper Without It? With the incredibly rapid development of digital marketing, a need among retail merchants and stores everywhere had risen for a more secure and stable method of receiving payments online. In the dawn of the Internet, websites used to list only available products…

6 Tips to Make Your Business Mobile-Friendly

myPOS™ virtual payment gateway POS terminal

Is your business prepared to answer the needs of the mobile society? Does it ever occur to you to change the way your business is presented to the society? If it has, let us give you some pointers on how to do it, because let’s face it – customers now have more options than ever…