myPOS blog Company News

myPOS a finalist in the Finovate Awards’ Best Mobile Payments Solution category

The prestigious Finovate Awards, which recognise “the companies driving fintech innovation forward and the individuals bringing new ideas to life,” will announce the winners of this year on the 14th of September 2021 at the Edison Ballroom in New York. The Awards crown 25 winners in fields such as consumer lending, digital banking, SMB/SME, ID management, and more, and we at myPOS are thrilled to be a finalist in the category for Best Mobile Payments Solution, which is an award given to a bank, financial institution or fintech company that excels in the field of mobile payments.

So, what is our mobile payment solution? It’s the innovative myPOS Glass app, which turns a merchant’s Android smartphone into a POS terminal! Launched in October 2020, to date, there are over 200,000 downloads of the myPOS Glass app.

You no longer need a physical POS device to carry along with you. You simply need the app on your smartphone in order to accept payments on the go – anytime, anywhere. This gives you the much-needed freedom to take payments to your customers instead of the other way around, resulting in faster, safer, and more convenient payments for all sides.

Ideal for freelancers, delivery couriers, food trucks, independent consultants, open and seasonal markets, and professionals on the go, myPOS Glass takes payments acceptance to the next level.

It’s an affordable solution, ideal for micro and small businesses, as it comes in two pricing plans: Starter and Pro. The Starter plan works on a pay-as-you-get-paid model, while the Pro plan requires a small monthly subscription fee with even lower transaction rates.

We also ensure the complete safety of the payment process as the myPOS Glass app:

  • Meets the highest security standards, approved by Visa and Mastercard laboratories
  • Keeps no sensitive cardholder data on the smartphone
  • Complies with PCI DSS regulations

Some of the main value-added benefits of choosing myPOS Glass include:

  • A FREE merchant account: you can enjoy a free multi-currency merchant account with IBAN into which all your funds are instantly received.
  • A FREE business card: we also provide a free business card so that you can withdraw your funds or make purchases with them at any time you wish.
  • Instant settlement of funds: we believe that you deserve to get your paid funds right away and not wait several business days to do so. We pride ourselves in beating the industry average of 2-3 business days with our instant settlement solution.
  • No monthly, annual, or sign-up fees: why should you pay monthly, annual, or sign-up costs when you can get your service for free? We empower you to save on business expenses and use your funds to make your dreams come true.
  • No binding contracts: we don’t impose any binding contracts on you, making the onboarding solution as well as the process of accepting payments simple, easy, and fast.
  • 24/7 customer support: we have a team of professionals ready to help whenever it is needed.
  • Affordable pricing plans: the two affordable and competitive pricing plans on myPOS Glass mean that you either pay a transaction fee only when you get paid or pay a small monthly subscription and a low transaction rate. The latter option is ideal for savings-savvy merchants who wish to take advantage of our lower transaction fees.

Our very own myPOS Glass has been already awarded the prestigious B2B Innovation Award from the FinTech Breakthrough Awards in March this year.

With the Finovate Awards around the corner, we’re thrilled about the recognition myPOS Glass has received from this prestigious institution as a finalist in the Best Mobile Payments Solution category. Our fingers are crossed for the 14th of September!

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