mPos

mPos: Expert, Evidence-Based Overview For Merchants

mPos (often styled as mPos Global) is a mobile point of sale and payment facilitator that lets merchants accept Visa and Mastercard in person with low-cost readers and via online methods such as payment links, QR codes, and website buttons. The mPos app for iOS and Android centralizes transaction management, invoicing, tips and taxes, and reporting. This overview summarizes how mPos works, pricing, supported methods, compliance, onboarding, and practical limitations to help you decide whether mPos fits your use case.

What Is mPos

mPos provides an app-based acceptance platform plus optional POS terminals. It focuses on Central America and neighboring markets and indicates operations in Central America, Colombia, United States, and the Caribbean. The company states more than 20 years in payments and highlights PCI DSS v4.0 certification. Merchants can start with a free Personal plan and upgrade to a paid Pro plan as volume grows.

Where mPos Operates And What You Can Accept

• Geographies: Site headers and contact details reference Panama, Nicaragua, Colombia, Costa Rica, and the United States.

• Acquiring relationships: mPos lists issuing or acquiring banks by country, including Credicorp and BAC in Panama, Bancolombia in Colombia, LAFISE in Costa Rica, and Ficohsa in Nicaragua and Honduras.

• Card brands: Visa and Mastercard credit, debit, and prepaid.

• Transaction types:

  • In person with EMV chip and contactless through mPos devices.

  • Online with Payment Links, QR codes, and a Pay Button for websites.

  • MailPos email link generation for online collection.

mPos Pricing And Fees

mPos publishes simple, plan-based pricing with add-ons for international cards and online methods. Taxes are applied per local rules and are calculated on the processing fee.

• Personal plan: Free monthly subscription.

  • Card-present local cards: 3.25% per transaction.

  • International issuer surcharge: 0.65% added to the base rate.

  • Online methods (payment link or QR): 0.25 USD fixed cost per transaction.

  • Monthly processed volume limit: 2,500 USD.

• Pro plan: 16.00 USD per month.

  • Card-present local cards: 2.95% per transaction.

  • International issuer surcharge: 0.65%.

  • Online methods: 0.25 USD fixed cost per transaction.

  • Volume limit: no monthly cap.

  • Users: no limit.

  • Minimum transaction: no minimum on Pro.

• Chargebacks: 60 USD per chargeback case management.

• Fund request fee: 1.50 USD per payout request via bank transfer.

• Check payout option: For merchants without a bank account, 5.00 USD per check issued and collected at an mPos office.

• Device pricing:

  • mPos Mini Reader: 19.95 USD.

  • mPos Go (chip + contactless): 39.95 USD.

  • mPos Pro/Smart (standalone terminal with printer and contactless): 269.00 USD.

• Taxes: The platform shows examples where ITBMS or VAT is added to the fee component according to country rules.

Payment Methods And Devices

Card-Present Acceptance

• Mini Reader connects via Bluetooth for EMV chip and magstripe.

• mPos Go adds contactless NFC support alongside chip.

• mPos Pro/Smart is a standalone Android-style terminal that supports chip and contactless and can print receipts and generate payment links directly from the device.

The app pairs with readers over Bluetooth. Device pages list battery capacity, connectivity, and form-factor specifics for each model.

Online Acceptance

• Payment Links: Generate a one-time URL to share via apps, SMS, or email to complete a card payment.

• QR Codes: Create a QR with embedded payment details that customers can scan to pay.

• Pay Button: Embed on a website to capture card payments without a full custom checkout.

• MailPos: Email an invoice or link for remote collection, with a published 0.25 USD cost per mail link.

App Features And Back-Office Tools

The mPos app and client portal include tools that matter for day-to-day operations:

• Transaction manager with real-time status.

• Digital signatures stored for retrieval and charge validation.

• Geolocation records for each transaction.

• Taxes and tips configuration and capture.

• Product invoicing using a preloaded product or service catalog.

• Transaction history and reporting.

• Desktop access to a web client portal for Pro plan users.

Payouts, Settlement, And Fund Withdrawal

• Settlement timing: Once you request a payout, funds are transferred within a maximum of 48 business hours. Weekends and holidays are excluded.

• Minimum balance to withdraw: 10 USD in available funds.

• Transfer fees: 1.50 USD per bank transfer request in many cases.

• Bank partners: Some countries have no-fee transfers when using partner banks, for example Credicorp in Panama and Ficohsa in Nicaragua and Honduras.

• Alternative payout: Check pickup is available for a 5.00 USD fee if no bank account is on file.

Onboarding, KYC, And Account Rules

Requirements To Open An Account

For a free Personal plan, mPos lists the following:

• Government ID or passport

• Utility bill confirming address

• Certificate of business operation or equivalent

For a Pro plan:

• Sole proprietors provide the same set as above

• Legal entities provide a public registration certificate issued within the last three months

Usage Policies And Limits

• Inactivity: Accounts with no transactions for 90 days are deactivated, with free reactivation via email.

• Per-transaction limits: Minimum 2 USD. On the free plan, maximum 2,500 USD per transaction, per day, and per month. On Pro, the per-transaction max can be raised up to 5,000 USD.

• Geographic restriction: Devices can only be used in the country of purchase due to banking and network rules. Attempts to use readers abroad may lead to account blocking and funds hold.

• PIN acceptance: The help center states that PIN-required cards are not accepted.

• Pro plan cancellation: No penalty if canceled with 10 business days notice before the billing date.

Prohibited Activities

Terms and conditions include prohibitions on high-risk categories such as unregulated money services, gambling, pornography, certain pawnbroker and lottery activity, and cryptocurrency businesses.

Developer Options And Integrations

mPos provides API and plugin downloads to integrate online acceptance. These support the Pay Button and link-based flows. Product names in the terms refer to LinkPOS, CellPOS (card data keyed by the merchant on a mobile device), and ClickPOS (pay button), mapping to the public Payment Links and website button features shown on the site.

Security And Compliance

• PCI DSS: mPos states certification at PCI DSS Level 1, v4.0, the current iteration of the card industry security standard.

• EMV: Card-present flows use EMV chip and contactless. Digital signatures and geolocation records are maintained to support dispute handling.

• Data handling: Terms explicitly tie operations to PCI DSS requirements. The service acts as a payment facilitator and indicates compliance with local banking supervision and licensing where it operates.

Practical Considerations And Fit

mPos is built for small and mid-sized merchants that want to start quickly with card-present Visa and Mastercard and add link-based and QR payments as needed. The Personal plan is constrained by volume limits and a higher card-present rate, which is typical for starter tiers. Pro reduces the rate and removes monthly caps for a modest subscription, which may be more cost-effective above about 2,500 USD per month in card sales.