myPOS SMS Verification

Starting to take card payments for a small business brings up the myPOS SMS verification step; a virtual number can receive the code, but the business account only goes live after identity checks.

myPOS is a payment services provider that gives small businesses card terminals, a free business account, instant payouts, payment links and a virtual terminal. The brand belongs to myPOS World Ltd. in London, and in the UK its e-money services are provided by myPOS Payments, authorised by the FCA. Every merchant gets a free debit card, and the account is protected by phone verification.

Verifying myPOS with a virtual number means entering the temporary number when you register in the app and typing in the SMS code, but activating the device requires completing the online identification process with your own details. It suits traders and freelancers whose business line is not ready yet, or who want to keep their personal number apart from the business account.

On an account where customer payments land within seconds, security codes and recovery may depend on the phone number, so move the business account to a number you control long term. Ignore messages in myPOS's name asking for card details or codes, and share terminal and account passwords only with people you trust.