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    Take payments anywhere and access your takings quickly

    myPOS is designed for businesses that value mobility, pay-as-you-go processing and rapid access to card revenue. Its standalone terminals include mobile connectivity, while successful card payments are credited to an integrated myPOS business account.

    myPOS payment terminal
    Provider overview

    A payment system designed to keep money moving

    myPOS generally allows businesses to purchase their terminal rather than entering a traditional terminal-rental arrangement.

    The service combines standalone card machines with an integrated account, business card and remote-payment tools, making it particularly relevant to businesses that trade across different locations.

    Who is myPOS best suited to?

    myPOS is particularly worth reviewing for businesses that trade on the move or value fast access to card revenue.

    • Market traders and pop-up businesses
    • Taxis and mobile transport operators
    • Tradespeople working at customer locations
    • Mobile food and drink businesses
    • Events, festivals and outdoor sellers
    • Restaurants requiring portable terminals
    • Start-ups seeking a pay-as-you-go option
    • Businesses that value rapid access to takings
    • Businesses accepting both in-person and remote payments

    Pay-as-you-go processing

    • myPOS offers a transaction-based model without a standard fixed monthly processing charge for many lower-volume merchants
    • Successful transactions are credited to the integrated myPOS business account, allowing businesses to access and use their card revenue quickly
    • Standalone myPOS terminals can use Wi-Fi and built-in mobile connectivity, helping businesses accept payments away from a fixed counter or broadband connection
    • The myPOS service includes an e-money business account, multi-currency functionality and a payment card for managing and spending card revenue
    • Businesses can collect payments through card terminals, payment links, online checkout tools and virtual-terminal services
    • Businesses processing larger monthly card volumes may be able to request a tailored commercial proposal

    Understand where your money is settled

    • Card revenue is credited to the myPOS e-money account rather than directly into the business's existing external bank account
    • Businesses planning to move most of their takings elsewhere should include any applicable outbound-transfer costs in their comparison
    • The customer-card mix should also be considered, as domestic consumer cards, commercial cards and international cards may be charged differently
    How Mosaic considers myPOS

    Considered where suitable.

    myPOS is one of the provider options available through Mosaic. Whether it is suitable for your business depends on your individual requirements, operational setup and circumstances. Mosaic does not recommend one provider for every business.

    Business-first assessment

    The review starts with how your business operates, not with a predetermined product.

    Compared alongside alternatives

    myPOS is considered alongside other suitable options in the available provider range.

    Practical suitability

    Hardware, mobility, settlement and workflow are all part of the consideration.

    Clear recommendation

    You receive clear guidance on whether this provider is a suitable fit for your business.

    myPOS is a registered trademark of its respective company. Mosaic does not own or represent myPOS. This page is for informational purposes only. Provider availability and suitability depend on the requirements and circumstances of the individual business.

    FAQs

    Common questions

    See whether myPOS matches how you trade

    Mosaic can assess your mobility, monthly turnover, customer-card mix and cash-flow priorities before comparing the complete myPOS arrangement.