“Our goal is to be the No.1 choice!”

– myPOS has recently acquired IQOM as a long-term partner, which is working with brands such as Coca-Cola HBC and IKEA. What is the significance of this acquisition?

B. Tóth Ferenc,
a myPOS közép-európai
országigazgatója

– myPOS’ strategy is to become a dominant player on the European market. IQOM’s becoming a part of myPOS reinforces this strategy. Our original objective was to continue our expansion in the region.

– Although myPOS is primarily known as a payment service provider, the company is now emphasising its trade facilitator role. How does the integration of IQOM reinforce this vision towards Hungarian retailers?

– myPOS has defined the philosophy of “all-in-one” service as its main goal, whether it is Soft POS payment acceptance via a physical POS device, online or smartphone. As part of the basic service, all customers are provided with a business bank account and a debit card free of charge, and the tip function allows you to transfer extra money received at the end of the day to the waiters, tax-free and without extra costs. In Hungary we have also developed an NTAK-certified (National Tourism Data Supply Centre ) e-receipt solution that not only makes it possible for catering establishments to automatically fulfil their data reporting obligations, but also allows businesses to issue receipts and invoices – the latter is already being integrated into the NAV (National tax and Customs Administration) system.

 IQOM has a deep knowledge of the Hungarian market. How will myPOS leverage this local expertise to offer more personalised solutions to Hungarian SMEs?

– Our main target group is the SME sector and together with myPOS we can integrate their actual needs much better. myPOS aims to provide customers with excellent, easy-to-use products and services, which is why we use outstanding tools such as the myPOS Ultra, which is currently the best bank card reader terminal on the market. myPOS is a secure, verified financial institution where customer funds are continuously available.

Terminal off: the aim is to strengthen the all-in-one service

Besides payment acceptance, what other services does myPOS offer to retailers to help them simplify their operations and grow?

– We are just introducing secure age verification on unattended devices. This is a digital filing solution that we are implementing in partnership with GoodID.

What are myPOS’ plans for Hungary and Central and Eastern European after the acquisition of IQOM?

– The region has great growth potential and we will manage 12 countries from Budapest, from the Baltic to the Mediterranean. Growth requires partnerships and joining us as a reseller is an excellent opportunity for new partners. We have programme for wholesalers in which accepting credit card payments is a big advantage.

Terminal on: myPOS supports growth

What makes myPOS different on a competitive market such as Hungary in terms of support for SMEs?

– Businesses need more and more tools. The more integrated these systems are and the more coherently they can work within a given framework, the bigger the advantage for the business. This is a very complex process that many companies haven’t even started to work on, but we have been doing it and making it available for years. (x)