Fees for myPOS account

Opening a myPOS E-money Account is free of charge. There are no monthly or annual service fees, the merchant only pays for the services used. The fees for our services are displayed in the account, in the footer of every page.

The Mastercard business card is issued free of charge, only operations made with the card are charged. The transactions and withdrawals fees are listed in the myPOS account. It is important to know that the fees for a myPOS-issued Mastercard card are determined based on the currency of the card. Therefore, different fees will apply to the different cards linked to the merchant’s account.

The fees for the myPOS acquiring services are listed in the myPOS account, in the footer of every page. The fees are split in online acquiring services and POS device acquiring fees.

Account Service Fees:

Open account

Free of charge

Monthly service fee

Free of charge

Annual service fee

Free of charge

Account Funding Fees:

Funding via Bank transfer

Free of charge

Money transfers:

Send money to other account within the system

0.10 GBP

Transfer money between own accounts

Free of charge

Pay for services and goods to other account

Free of charge

Receive payment for services and goods

1.000% + 0.10 GBP

Request for Cancellation or Return of a Payment

10.00 GBP

Refund myPOS Online Payment / iDEAL

3.00 GBP

Outgoing transfers to bank accounts:

Within the system

Free of charge

Domestic Transfer in GBP

1.50 GBP

SEPA transfer

3.00 GBP

International transfer in USD – 'SHA'

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

≤ 5,000 EUR

32.00 GBP

> 5,000 EUR and ≤ 15,000 EUR

45.00 GBP

> 15,000 EUR and ≤ 35,000 EUR

85.00 GBP

> 35,000 EUR and ≤ 100,000 EUR

130.00 GBP

> 100,000 EUR and ≤ 500,000 EUR

180.00 GBP

> 500,000 EUR and ≤ 2,000,000 EUR

0.062%, Max. 850.00 GBP

> 2,000,000 EUR

0.125%, Max. 4750.00 GBP

Outgoing transfer in CHF – 'SHA'

4.00 GBP

Transfer in PLN currency

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

≤ 500.00 EUR

3.50 GBP

> 500.00 and ≤ 10,000.00 EUR

3.70 GBP

> 10,000.00 and ≤ 500,000.00 EUR

4.10 GBP

> 500,000.00 and ≤ 2,000,000.00 EUR

0.025%, Max. 450.00 GBP

> 2,000,000.00 EUR

0.125%, Max. 4500.00 GBP

Transfer in HRK currency

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

≤ 500.00 EUR

3.50 GBP

> 500.00 EUR and ≤ 10,000.00 EUR

3.70 GBP

> 10,000.00 and ≤ 500,000.00 EUR

4.10 GBP

> 500,000.00 and ≤ 2,000,000.00 EUR

0.025%, Max. 450.00 GBP

> 2,000,000.00 EUR

0.125%, Max. 4500.00 GBP

Transfer in RON currency

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

≤ 2,000.00 EUR

4.10 GBP

> 2,000.00 and ≤ 500,000.00 EUR

5.40 GBP

> 500,000.00 and ≤ 2,000,000.00 EUR

0.025%, Min. 450.00 GBP

> 2,000,000.00 EUR

0.125%, Min. 4500.00 GBP

Transfer in CZK currency

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

< 500,000.00 EUR

3.00 GBP

Transfer in GBP currency within EU and EEA countries

3.00 GBP

Transfer in ISK currency

11.00 GBP

International transfer – 'SHA'

0.150%, Min. 4.50 GBP

International transfer – 'OUR'

the charge for 'SHA' and

(Amount of transfer in EUR or its exchange value in foreign currency at the date of transfer)

≤ 25,000.00 EUR

+ 25.00 GBP

>25,000.00 EUR and ≤75,000.00 EUR

+ 50.00 GBP

>75,000.00 EUR¹

+ 90.00 GBP

Transfers in BGN currency

0.40 GBP

Payment via myPOS Online / iDEAL

0.30 GBP

Received payments / iDEAL

0.30 GBP

Request for cancellation / return of a payment - pending transfer

25.00 GBP

Request for cancellation / return of a payment - executed transfer

70.00 GBP + any fees charged by the Correspondent Bank

Additional charges on transfer order with not correct IBAN and/or the BIC code

10.00 GBP

Investigation commencing within 3 months of original transaction date²

70.00 GBP + any fees charged by the Correspondent Bank

Other fees:

E-money redemption upon closing of an account

15.00 GBP

SMS notification³

0.10 GBP

E-mail monthly statement

Free of charge

Paper statement or additional information/requests on transactions and balance

5.00 GBP

SEPA Direct Debit Processing

0.50 GBP

Refund of SEPA Direct Debit Payment⁴

1.00 GBP

Fee fro iDeal Refund

3.00 GBP

1. Equivalent limits apply for transfers in other currencies.

2. For investigations commencing after 3 months of original transaction date, we will communicate the charges after receiving the information from the Correspondent Bank.

3. Other fees can be imposed by Client Mobile services provider.

4. You can request a refund of a SEPA Direct Debit debited within a period of eight weeks after the execution date and of any unauthorized transaction after eight weeks and up to thirteen months after the payment

Fees for myPOS card

The myPOS Business Card is issued free of charge, only operations made with the card are charged.

Account Service Fees:

Replacing of expired card

Free of charge

Replacing of non-expired card (loss, theft, stolen, damaged)¹

10.00 GBP

Transaction fees:

ATM cash withdrawal in EU

(Amount of withdrawal in EUR or its exchange value in foreign currency at the date of transaction)

≤ 300.00 EUR

2.00 GBP

>75,000.00 EUR

4.00 GBP

ATM Cash withdrawal International²

1.000% + 4.00 GBP

POS cash withdrawal³

1.000% + 3.00 GBP, Min. 5.00 GBP

Payment on POS terminal

Free of charge

Internet payments

1.11 GBP

ATM Balance check

0.50 GBP

Declined transaction at ATM

0.50 GBP

Fee for initiating chargeback procedure

15.00 GBP

First Card reissuing (expired card)

Free of charge

Additional card issuing (expired card)

10.00 GBP

Main card issuance

Free of charge

Additional cards issuance

11.00 GBP

Replacing of non-expired tag (loss, theft, stolen, damaged)

5.00 GBP

Apple Pay Incentive_2

5.00 GBP

1. Not applicable in case of replacing defect card/tag for which Issuer is responsible.

2. Amount of withdrawal in EUR or its exchange value in foreign currency at the date of transaction

3. The POS Operator can charge additional fees.

You’re always first in line to get paid

Let’s keep it simple. No added charges, or small print surprises. Only pay fees after your transactions.

Under £10,000

in monthly card turnover

For businesses with lower card turnover or those that are just starting out.

£0

Fixed monthly costs

From

1.10% + £0^.07

Per transaction

Simply put, if you process a payment of £100 with a domestic consumer card, you'll receive an instant transfer of £98^.83 to your myPOS business account.

Over £10,000

in monthly card turnover

For businesses already growing, managing larger transactions, or entering new markets.

Custom offer

Get a bespoke quote tailored to your exact business needs.

Get a custom quote