European FinTech funds firm myPOS, which works in providing reasonably priced funds to small- to medium-sized companies (SMBs), has new bank cards that it says will assist SMBs in Europe entry new advantages, based on a press launch.
The myPOS Visa Platinum Metallic Card and myPOS Visa Platinum Silver & Gold Card may help SMBs entry premium companies like LoungeKey passes for over 1,000 airport enterprise lounges globally, 0.1 % cash again for any buy, 10 to 15 % cashback for purchases within the myPOS on-line store and shops in Europe, free ATM withdrawals each month, free supply and reissuing and extra, based on the discharge.
Metallic playing cards, seen as prestigious, are sometimes reserved for particular person purchasers, defined myPOS Founder Christo Georgiev within the launch.
“Together with Visa, we are pioneering this space by offering the first metal card for businesses in Europe,” he stated.
The metallic card is brushed in black metallic and engraved, and it’s 3 times heavier than a traditional card. Due to the metallic coating, the cardboard is way much less liable to be broken or cracked, the discharge acknowledged.
The myPOS silver, gold and metallic playing cards can be provided to European retailers who open a myPOS account, the discharge acknowledged. Since its launch in 2014, myPOS has provided the playing cards totally free each time somebody opens an account.
In associated information, Mastercard introduced a partnership with myPOS in February to distribute details about new card cost choices all through Europe, Fintech Zoom reported. The partnership aimed to teach SMBs on the brand new choices for funds like myPOS’s cost acceptance service, which might work with cell, card or at-the-counter funds together with multi-currency and cross-border capabilities, mixed with Mastercard’s community all over the world.
SMBs make up 99 % of the European financial system and but have had bother taking card funds on account of an absence of terminals or details about their choices.