• What is myPOS™?

  myPOS™ is a cutting-edge card payment solution that helps European-based businesses to accept cashless payments by providing them with a simple, yet secure card payment processing services. Our range of payment products allows merchants to process cashless transactions both at physical retail locations and online.

• What is a myPOS™ Account?

  myPOS™ Account is a free merchant account that gives you a comprehensive online banking experience at no subscription or service costs. All the money processed through myPOS™ is settled into the myPOS™ Account. It comes with a free business prepaid Mastercard and IBAN, linked to the account. You can safely keep your generated revenue in your myPOS™ Account, transfer it via outgoing bank transfer or use your associated Mastercard to withdraw cash from ATMs. To find more about myPOS™ Merchant Account, please visit https://www.mypos.eu/en/merchant-account.

• Why should I open a myPOS™ Account?

  You have to open a myPOS™ Account in order to use the myPOS™ Virtual Module. All money processed through the myPOS™ Virtual payments gateway will be instantly available in your myPOS™ Account.
  Your company must be headquartered in a EU or EEA country.

• How to open a myPOS™ Account?

  In order to sign up as an myPOS Virtual API merchant and start using the iPayment Gateway, you need to have a Business myPOS Account first.
  1.Sign in to your myPOS Account and go to the eCommerce / API.
  2.Click on the link Activate
  3.Set up your online stores and generate the keys.

Important! Please have in mind that your stores need to be verified by Satabank which will take up to 5 business days. Until your online stores are verified, you can still process transactions but with certain limits.