We are pleased to аnounce that version 2.0 of our WooCommerce payment gateway is a fact. The official name of the WordPress extension for Woocommerce is Woocommerce myPOS Gateway.
The new version is completely redesigned and better organized. The main advantage of Woocommerce myPOS Gateway is the full support of automatic recurring payments with WooCommerce Subscriptions.
The myPOS payment system for automatic payments works through so-called “tokens”. On the one hand, this is the most reliable and secure solution, because no information is stored about the payment – credit or debit card of the client. On the other hand, it allows the customer to change the card or terminate the subscription at any time.
The support of automatic payments is an extremely great advantage for merchants who offer products or services on a subscription basis. The ability for automatic payments doubles revenue because it is more convenient for customers and does not require a constant commitment to renewal. Among the business sectors for which it would be useful are:
- Subscription services and products – one of the most popular subscriptions are services for online trainings and live broadcasts.
- Rental software, including online stores, analysis tools and any SaaS products that charge a fixed price at monthly intervals, e.g.
- Membership services – the most common are fitness memberships, but membership fees, which are paid regularly, are also popular in social clubs or shared co-working spaces.
- Government and municipal services – periodic payments are convenient when it comes to utility bills, taxes, student loans, etc.
The interface of the administration is also much improved and more user-friendly. The check of pending payments and updating the status of pending orders has also been improved. There is better user experience for both the customer and the merchant who integrates Woocommerce myPOS Gateway for card payments via myPOS.
The competitive conditions of myPOS as a payment system make it attractive to merchants due to lower costs. The focus of myPOS are the countries of Europe and accordingly many currencies are supported: Bulgarian Lev (BGN), US Dollar (USD), Euro (EUR), British Pound (GBP), Swiss Franc (CHF), Japanese Yen (JPY), Romanian Lea (RON), Croatian Kuna (HRK), Norwegian Krone (NOK), Swedish Krona (SEK), Czech Koruna (CZK), Hungarian Forint (HUF), Polish Zloty (PLN), Danish Krone (DKK), Icelandic Krona ( ISK).
As an official partner of myPOS, we can provide preferential terms for merchants who choose myPOS to process card payments. To do this, you need to register at https://www.mypos.eu/en/enroll/ref:1003005. Or enter the following code when registering 1003005.
The paid version of Woocommerce myPOS Gateway offers support for automatic recurring payments for WooCommerce Subscriptions. The free version of the WordPress extension is without support for recurring payments and is available for free download.