Our rating(3.5/5)
The cheapest standalone card reader on the market – but fees are not the lowest.
myPOS Go is designed for a low budget. The card reader is therefore not beautiful, but it’s functional. With the unlimited SIM data included, you can accept cards anywhere in Europe through the mandatory myPOS e-money account.

Highs: Same price as app-based card readers. Accepts many card brands. No contract. Works across Europe.

Lows: Design looks outdated. Settlement in bank account costs extra. No touchscreen.

Buy if: Your budget is tight and you could benefit from an online business account.

myPOS GomyPOS Go
Price£44 (incl. delivery) + VAT
Monthly feeNone
ContractNone
Transaction fee~1.75%*
Accepted cardsVisaV PayVisa ElectronMastercardMaestroAmerican ExpressUnion PayJCB
ContactlessContactlessApple PayGoogle PaySamsung Pay
Website

*Indicative for Visa and Mastercard only. Exact rates are determined by your business, card type and location.

myPOS GomyPOS Go
Price£44 (incl. delivery) + VAT
Monthly feeNone
ContractNone
Transaction fee~1.75%*
Accepted cardsVisaV PayVisa ElectronMastercardMaestroAmerican ExpressDiners ClubJCB
ContactlessContactlessApple PayGoogle PaySamsung Pay
Website

*Indicative for Visa and Mastercard only. Exact rates are determined by your business, card type and location.

Thanks to the many types of payment methods accepted at a competitive price, the myPOS Go card machine is a viable competitor to myPOS Mini, but also the 3G model of SumUp. Before we compare the options, let’s look at myPOS Go in more detail.

myPOS Go inseparable from e-account

myPOS Go is ordered directly from the myPOS website. Along with the card reader and charger, you get a business myPOS credit card delivered, which you can use everywhere accepting Visa. This is how myPOS stands out compared to competitors like SumUp, Square and iZettle.

The payment card is linked to an online “e-account” where all transactions through the card reader are settled instantly. Some micro-entrepreneurs who do not yet have a business bank account may find this attractive – particularly because it is free to set up and there are no monthly fees.

The e-account, however, has some disadvantages. For example, although you receive an IBAN for international transfers, you have to pay a fee to transfer money into your UK bank account.

myPOS Go costs: cheap for a card reader with SIM

The purchase price of myPOS Go is attractive, but you also have to add the cost or delivery. At £29 + VAT for the card reader itself, it is much cheaper than the myPOS Mini (£119 + VAT) and SumUp 3G (£99 excluding discounts and VAT). On top of the card reader price, myPOS also adds a delivery charge of £15, making the total price £44 + VAT.

The unlimited data plan, valid across Europe, is included.

The unlimited data plan, valid across Europe, is included in the service offering, which comes without a subscription. myPOS is paid by charging a commission of about 1.75% on Mastercard and Visa transactions.

According to myPOS, the exact amount of the transaction rate varies depending on the type of business, turnover and location. It will be higher for some businesses or premium cards like American Express.

Among the negative points noted in our review of myPOS: payout fees from the myPOS account to a British bank account are £1.50 per transfer. You also pay fees if you withdraw cash from the myPOS business card, or make another kind of transfer with the e-account.

myPOS Go box contents

The box comes with the card reader and a myPOS Visa card. Photo: myPOS

Tech specs and features of myPOS Go

The card reader accepts most debit and credit cards including chip, magnetic stripe and contactless via card or mobile wallet.

It automatically connects to the local 3G network, but it has to be activated upon receipt through an activation code on the myPOS website, otherwise it will not work.

Using it is very simple: once the terminal is switched on, simply press any numeric key to activate transaction mode. Then enter the amount followed by insertion of the chip card or contactless tap.

The receipt is sent to the customer via text message or email – it is not possible to print it. Since the card reader does not have a touchscreen, you will need to enter an email address through the numbered keypad, as in the days of texting with the first mobile phones.

If your customer does not have a card or digital wallet on them, you can use the deferred payment option, which sends a payment link by email or text.

myPOS Go specifications
Dimensions136 x 66 x 20.4 mm
Weight170 g
ConnectivityGPRS, 3G, WiFi, Bluetooth
DataUnlimited with the myPOS SIM card (pre-installed)
ScreenColour screen, 240 x 320 resolution
Accessories includedMicro USB cable and AC adaptor
BatteryRechargeable Li-ion, 1500 mAh
Payment technologyEMV (chip), NFC (contactless), magnetic stripe
ReceiptsVia email or text (no paper receipts)
myPOS Go specifications
Dimensions136 x 66 x 20.4 mm
Weight170 g
ConnectivityGPRS, 3G, WiFi, Bluetooth
DataUnlimited with the myPOS SIM card (pre-installed)
ScreenColour screen, 240 x 320 resolution
Accessories includedMicro USB cable and AC adaptor
BatteryLi-ion, 1500 mAh
Payment technologyEMV (chip), NFC (contactless), magnetic stripe
ReceiptsVia email or text (no paper receipts)

myPOS Go or Mini?

The myPOS Mini is a 3G terminal without a receipt printer, similar to myPOS Go. It is more expensive (£90 more) and has more or less the same features. The difference between the two terminals is mainly aesthetic.

myPOS Mini has tactile keys and a smoother finish. It weighs 5 g less than myPOS Go, but this is due to a slightly less powerful battery (1300 mAh instead of 1500 mAh).

Moreover, the myPOS Go looks like a standard product and does not have the neat design of other myPOS readers. With its generic-looking buttons, you can even mistake it for an old calculator.

Is the price difference justified? That’s your call.

myPOS Go or SumUp?

What would make myPOS Go more compelling than SumUp 3G? Let’s start with the highlights of myPOS Go:

  • myPOS Go is cheaper.
  • Multiple user accounts: each user can have a login code, which is practical in theory, but not really relevant since this card reader is intended for individual merchants.
  • Accepts Chinese UnionPay and JCB (Japanese) cards. This is good for cabs in touristy areas, but if you need to print receipts, we recommend iZettle Reader and a Bluetooth printer.
  • Works all over Europe, contrary to SumUp which by default only works in the country of registration (although you can arrange foreign cover if you contact SumUp). This is interesting for some cross-border sellers or taxis.

The price difference between the two models, however, makes sense because SumUp 3G has several advantages:

  • SumUp 3G has a touchscreen, which is more convenient for entering an email address for a customer receipt.
  • It complies with PCI PTS v4 security standards (myPOS Go only complies with v3).
  • SumUp’s lower 1.69% transaction fee is the same for everyone and all cards.
  • SumUp automatically settles transactions in your bank account, and for free (myPOS charges £1.50 per payout, and this is manual). It should also be noted that some customers report account holds with myPOS.
  • SumUp does not require a video call during registration, unlike myPOS. It is generally very easy to sign up with SumUp, while myPOS requires multiple steps and paperwork.

Verdict: who should choose myPOS Go?

Above all, myPOS Go is for merchants on a very small budget, but absolutely want a small, independent card reader that works everywhere. This will usually be sole traders or entrepreneurs who have not got a business bank account or company card. Those working in several European countries may also be interested in myPOS, but not necessarily in this entry-level model.

In the long run, it’s better to use a British bank account, in conjunction with the myPOS account, to avoid having all your assets in an online account that is not a real bank account.

Name of Reviewed Item: myPOS Go Rating Value: 3.5 Image: https://www.mobiletransaction.org/wp-content/uploads/2019/07/mypos-go-review.jpg Review Author:Review Date: