ACCESS Newswire
16 Sep 2021, 17:58 GMT+10
The European Fintech Has Broken Records with 80 Percent Growth
LONDON, UK / ACCESSWIRE / September 16, 2021 / myPOS, the innovative fintech company serving small and medium-sized businesses, today announces its exceptional summer results. 'In August, our merchants transacted 10 million times for a value higher than 500 million euros. That means four transactions per second,' said Jean Beaubois, myPOS World Chief Strategy Officer.
'We are witnessing 80 percent year-on-year growth and are very happy to see that our merchants are open for business and doing well,' Beaubois added.
Despite the effects of COVID-19 on SMEs, myPOS has entered 2021 in a very strong position. Over the past year, myPOS has also unveiled new solutions to help businesses navigate the operating restrictions brought by the lockdowns. This includes the innovative Soft POS solution myPOS Glass and the latest product launch of myPOS Online. myPOS Glass enables merchants to take payments via cards, mobile wallets and NFC wearables on their Android phones while myPOS Online helps SMEs launch online stores at no added cost.
'Thousands of new merchants were attracted by myPOS Glass,' shared Beaubois. 'And because our solutions always directly respond to the customers' needs, the growth follows.'
The unprecedented growth is a great milestone in the journey of myPOS to become the number one in-store and online sales platform for entrepreneurs across Europe. It also proves the scalability and stability of the myPOS platform, which offers the widest range of POS devices on the EU market.
'We look forward to hearing from those who want to help us continue revolutionizing the financial services for merchants,' said Beaubois. Don't miss the opportunity to meet the myPOS team and talk to leading experts in the payment services industry at booth C32 at Money 20/20 - the largest event of the fintech scene. Please email [email protected] to book a private appointment with myPOS at the event happening in Amsterdam Sept. 21-23
About myPOS
myPOS is an innovative fintech company serving small and medium-sized business clients across the European Economic Area and Switzerland. It provides easy and convenient in-store, online and on-the-go payment solutions for over 130 000 businesses in over 30 European countries. For its innovations in the payments industry, myPOS has won many prestigious awards such as: the Best POS Innovation by the Merchant Payments Ecosystem in 2019; the Best B2B payments company by the Breakthrough Awards program in 2020; the Best SME Omnichannel Payments Platform by SME News' UK Enterprise Awards in 2020 and the B2B Innovation Award from FinTech Breakthrough Awards this March. Find out more at www.mypos.com.
###
Media Contact: Viva Bolova, PR & Brand Manager, [email protected]
SOURCE: MyPos Services Ltd
Get a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationCINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...
BERLIN/FRANKFURT: Some car parts factories in Europe have stopped production, and companies like Mercedes-Benz are making backup plans...
GOODLETTSVILLE, Tennessee: Dollar General reported record sales of US$10.44 billion for the latest quarter and raised its full-year...
SOUTH BURLINGTON, Vermont: Beta Technologies has become the first U.S. company to land an all-electric aircraft at an airport in the...
WASHINGTON, D.C. Forget bucket lists; this summer, it's all about budget lists. Amid economic uncertainty and a weaker dollar, Americans...
NEW YORK, New York - U.S. stocks rose appreciably Friday following the release of a strong jobs report which sent the U.S. dollar higher,...
BEIJING, China: A little-known office inside China's Ministry of Commerce has become a powerful chokepoint in the global auto and tech...
BEIJING, China: The public security bureau in Guangzhou, a city in China, has announced a secret reward for more than 20 people it...
MENLO PARK, California: As artificial intelligence demands explode, Big Tech is turning to an old source for new power: nuclear energy....
MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...
New Delhi [India], June 9 (ANI): Indian Space Research Organisation (ISRO) provided details on Monday for people to watch the launch...
Security forces have fired tear gas and rubber bullets as anti-immigration raid rallies continue for a third day Tesla and SpaceX...