Fees for myPOS account

Opening a myPOS E-money Account is free of charge. There are no monthly or annual service fees, the merchant only pays for the services used. The fees for our services are displayed in the account, in the footer of every page.

The Mastercard business card is issued free of charge, only operations made with the card are charged. The transactions and withdrawals fees are listed in the myPOS account. It is important to know that the fees for a myPOS-issued Mastercard card are determined based on the currency of the card. Therefore, different fees will apply to the different cards linked to the merchant’s account.

The fees for the myPOS acquiring services are listed in the myPOS account, in the footer of every page. The fees are split in online acquiring services and POS device acquiring fees.

Account Service Fees:

Merchant account with IBAN
Free of charge
Monthly fee
Free of charge
Annual fee
Free of charge

Funding and Internal transfers:

Incoming and Outgoing Internal transfers
Free of charge
Transfer money between own accounts
Free of charge
Funding via Bank transfer
Free of charge

Outgoing transfers to bank accounts:

SEPA transfer
42.00 NOK
SEPA Instant Transfer
42.00 NOK
Transfer in CHF currency
42.00 NOK
Transfer in GBP currency
48.00 NOK
Transfer in BGN currency
42.00 NOK
Transfers in other currencies within EEA, UK and Switzerland1
48.00 NOK
International Transfer in All currencies - SHA
0.250%, Min. 109.00 NOK
International Transfer in All currencies - OUR
1.000%, Min. 179.00 NOK

Transfer related fees:

Request for cancellation / return of a payment - pending transfer2
275.00 NOK
Request for cancellation or return of payment for executed outgoing bank transfer
799.00 NOK + any fees charged by the Correspondent Bank
Transfer to incorrect IBAN and/or BIC code
105.00 NOK
Investigation of payment operation - SEPA
259.50 NOK
Investigation of payment operation3
799.00 NOK + any fees charged by the Correspondent Bank
SEPA Direct Debit Processing
5.00 NOK
Refund of SEPA Direct Debit Payment4
11.00 NOK

Payment related fees:

Payment via myPOS Online / iDEAL
3.00 NOK
Refund for Online Payment / iDEAL
3.00 NOK
Refund from Account
Free of charge
Request for Cancellation or Return of payment
105.00 NOK

Other fees:

No-cooperation Fee5
940.00 NOK
Inactivity Fee6
195.00 NOK
No Acquiring Fee7
385.00 NOK
E-money redemption upon closing of an account
Free of charge
Notification via text message8
1.00 NOK
Paper statement or additional information/requests on transactions and balance
55.00 NOK

1. The fee applies for transfers within EEA, UK and Switzerland in any of the following currencies: CZK, DKK, HUF, ISK, NOK, PLN, RON, SEK

2. This fee is also charged when a credit transfer to your account fails due to incorrect payment or beneficiary information. If the transfer amount is less than 25 EUR, we will not attempt to return the funds.

3. For investigations commencing after 3 months of original transaction date, we will communicate the charges after receiving the information from the Correspondent Bank.

4. You can request a refund of a SEPA Direct Debit debited within a period of eight weeks after the execution date and of any unauthorized transaction after eight weeks and up to thirteen months after the payment

5. This is not a standard fee. The fee is charged in the exceptional cases where your account has been blocked because you have not provided us with documents which we are required to have by law within a certain period of time, or because of any breach on your side which was not rectified within a reasonable time frame. In such a case, we will send 2-months’ prior notice before applying the fee.

6. This is not a standard fee. The fee is charged in exceptional cases, in particular, if you have not made any valid transactions for 10 consecutive months. In such a case, we will send 2-months’ prior notice before applying the fee.

7. This is not a standard fee. The fee is charged in exceptional cases, particularly if you have not made any acquiring transactions for 10 consecutive months. In such a case, we will send 2-months’ prior notice before applying the fee.

8. Other fees can be imposed by Client Mobile services provider.


Fees for myPOS card

The myPOS Business Card is issued free of charge, only operations made with the card are charged.

Service Fees:

Issuance of First card1
Free of charge
Reissuance of expired First card
Free of charge
Issuance of additional card
55.00 NOK
Reissuance of expired additional card
Free of charge
Replacement of lost, stolen, or damaged card2
55.00 NOK

Payment and Withdrawal Fees:

Payment on POS
Free of charge
Payment on Internet
Free of charge
ATM cash withdrawal in EUR
1.000%, Min. 25.00 NOK, Max. 125.00 NOK
ATM cash withdrawal in other currencies3
1.000%, Min. 25.00 NOK, Max. 125.00 NOK
ATM cash withdrawal in other countries (international)
1.000% + 45.00 NOK
POS cash withdrawal in EUR4
1.000%, Min. 25.00 NOK, Max. 125.00 NOK
POS cash withdrawal in other currencies4
1.000%, Min. 125.00 NOK

Other fees:

ATM balance inquiry
5.00 NOK
Declined transaction at ATM
Free of charge
Chargeback initiation fee
159.00 NOK

1. Issuance of First card, ordered via myPOS Online Profile

2. Not applicable when the replacement is due to a manufacturing defect for which the issuer is responsible

3. Refers to withdrawals made within EEA countries and the UK

4. The POS Operator can charge additional fees.

You’re always first in line to get paid

Let’s keep it simple. No added charges, or small print surprises. Only pay fees after your transactions.

Under 100.000 kr

in monthly card turnover

For businesses with lower card turnover or those that are just starting out.

0 kr

Fixed monthly costs

From

1.29%

Per transaction

Simply put, if you process a payment of 100 kr with a domestic consumer card, you'll receive an instant transfer of 98,71 kr to your myPOS business account.

Over 100.000 kr

in monthly card turnover

For businesses already growing, managing larger transactions, or entering new markets.

Custom offer

Get a bespoke quote tailored to your exact business needs.

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