myPOS Ireland: card machine prices and fees 2026
myPOS device prices in Ireland, the 1.59% starting rate, instant settlement into a myPOS account, withdrawal fees and the inactivity charge to watch.
Card machinesUpdated
myPOS sells card machines to Irish businesses in euro, with no monthly fee and no contract. Its distinctive feature is settlement speed: money hits your myPOS account effectively instantly, which the company advertises as three seconds.
The trade-off is where that money sits, and what it costs to move.
Devices and Irish prices
Prices exclude VAT.
| Device | Price | What it is |
|---|---|---|
| myPOS Go 2 | €39 | Compact standalone reader with built-in connectivity |
| myPOS Flex | €69 | Handheld terminal with receipt printing |
| myPOS Ultra | €249 | Full Android smart terminal with POS software |
myPOS Go Combo and myPOS Unattended are also sold in Ireland, but prices are not published on the Irish site.
The Go 2 at €39 is one of the cheapest standalone card machines available in Ireland — a device that works on its own, rather than pairing with your phone.
myPOS also supports Tap to Pay on Android, but not on iPhone.
Fees
Transaction fees start at 1.59% + €0.05. In practice the rate depends on card type and can reach around 2.19% to 2.89% + €0.05 on some cards.
No monthly fee and no long-term contract.
myPOS invites businesses turning over more than €10,000 a month to request a custom quote, so the published rate is a starting point rather than a ceiling for larger merchants.
The €0.05 per-transaction charge matters if your average sale is small. On a €5 coffee, 1.59% is 8c but the fixed fee adds another 5c, taking the effective rate to 2.6%. On a €100 sale, it barely registers. Low average transaction values suit percentage-only pricing like SumUp’s 1.69% or Square’s 1.75%.
Where the money goes
This is the part to understand before buying.
myPOS settles into a myPOS e-money account, not your bank. That is how it achieves instant settlement — the money is not being moved through the banking system at all until you move it.
Transferring from your myPOS account to your Irish bank account carries a fee. If you sweep funds to your bank daily, those fees accumulate; if you use the myPOS account as a working account with its own card, they mostly do not.
There is also an inactivity fee after roughly 10 months without transactions. A seasonal business that stops trading over the winter can find the account being charged while dormant. SumUp and Square do not do this.
Who it suits
Mobile trades and market traders who want a cheap, self-contained device and want to see the money arrive immediately. A plumber finishing a job at 6pm can watch the payment land before leaving the driveway.
It also suits businesses comfortable running a myPOS account as a genuine second account, spending directly from it with the myPOS business card rather than sweeping to a bank.
It suits high average transaction values better than low ones, because of the €0.05 fixed fee.
Honest downsides
Money is not in your bank. Instant settlement is instant into myPOS. Getting it into AIB, Bank of Ireland or Revolut costs a fee and takes time.
The headline rate is a floor. 1.59% + €0.05 is the best case. Reported Irish rates run up to about 2.89% + €0.05 depending on card type, which is expensive.
The fixed fee hurts small tickets. Anything under about €10 average is poorly served.
Inactivity fee. After roughly 10 months of no transactions. A real cost for seasonal Irish businesses.
No Tap to Pay on iPhone. Android only.
Frequently asked questions
Is myPOS available in Ireland?
Yes. myPOS runs a dedicated Irish site with euro pricing and sells directly to Republic of Ireland businesses.
What is the cheapest myPOS card machine in Ireland?
The myPOS Go 2 at €39 excluding VAT. It works standalone with built-in connectivity, so you do not need to pair it with a phone.
How fast does myPOS pay out?
Effectively instantly — myPOS advertises three seconds — but into your myPOS account, not your bank. Moving funds on to an Irish bank account carries a fee.
Does myPOS charge a monthly fee?
No standing monthly fee and no contract. However, an inactivity fee applies after roughly 10 months without transactions, so a dormant account is not free.
myPOS or SumUp for a mobile trade?
myPOS if instant visibility of funds matters most and your average sale is €20 or more. SumUp if you want lower headline pricing, no fixed per-transaction fee, no inactivity charge, and a route to 0.95% via the €19 Payments Plus plan.