myPOS adds 4 new settlement currencies
Product news / 10.10.2019
Running a business is undoubtedly a complicated activity, but surprisingly business rules are quite simple – to make it in an industry one must provide an excellent end product, problem-free operation and new services that enable more clients to join in.
We are proud to announce that we are expanding our horizons by adding four new settlement currencies for our clients to work with and they are Swedish krona (SEK), Norwegian krone (NOK), Danish krone (DKK), and Hungarian forint (HUF). Starting now myPOS merchants will be able to find these currencies in their myPOS accounts and work with them with ease.
But what are the benefits of working with these four new currencies? Let’s take a peek.
The benefits
The new currencies can be used by any myPOS merchant. After opening an account with a unique IBAN in one of these currencies via their myPOS profile, merchants can start making payments in SEK, NOK, DKK and HUF just like they do now with other supported money.
The real winners, however, are myPOS merchants in Hungary, Denmark, Sweden and Norway – they can now accept and send payments in their national money without undergoing conversion and paying fees. Just imagine the savings we’ve made possible for them!
Along with these benefits, there are other nice surprises that make accepting payments in these countries a piece of cake. Here they are.
The perks
Accepting money in a national currency and not paying unnecessary fees for doing so is just one side of the coin.
To make it even easier to work with SEK, NOK, DKK and HUF we have introduced additional features that add extra convenience. Best of all, every myPOS merchant can use them:
- When activating a new myPOS card reader machine, myPOS merchants can directly link the device to an account in SEK, NOK, DKK and HUF.
- If a merchant already accepts payments in these currencies, they can change their active account to one of them to avoid currency conversion and unnecessary fees.
- myPOS PayLinks and PayButtons can be directly linked to an account in SEK, NOK, DKK and HUF to avoid currency conversion. If necessary PayButtons or PayLinks that have been created already can be linked to new accounts in the new currencies for the same reason.
- Payment Requests in SEK, NOK, DKK and HUF can also be sent, however an account in these currencies must first exist to avoid currency conversion.
We are also very proud to announce that with the addition of these four currencies, we now offer support for all EU money as well as Swiss franc and Icelandic krona. So no matter where in Europe a myPOS merchant is located – their payment needs are covered!
The addition of SEK, NOK, DKK and HUF to our portfolio of currencies is just the next step in our never-ending quest to provide impeccable payment services to our clients. Don’t miss on these improvements – join the future of payments now and boost your business performance with myPOS! Simply email us at [email protected] and get on the road to success!