TrueLayer

TrueLayer

Open Banking Payments

VS

myPOS

European Smart Card Readers

myPOS
Fees from
0.1-0.5% vs 1.20% + €0.09 cards
Features

2 shared

Regions

1 shared

Pay methods

0 shared

2 unique to TrueLayer · 6 unique to myPOS
On settlement

TrueLayer settles in Same day; myPOS settles in Instant. Verify directly with each provider before signing.

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Show full specs
2 features · 8 payment methods · 1 regions. We don't rank these — they're here for reference.
TrueLayer TrueLayer
myPOS myPOS
Quick Facts
Fees
Standard transaction rate
0.1-0.5%
1.20% + €0.09 cards
Settlement
Time to receive funds
Same day
Instant
Founded
2016
2014
Headquarters
London, United Kingdom
United Kingdom
Sandbox / Test Mode
✓
✓
Webhook Support
✓
✓
Features
Instant Payout
✓
✓
Startup Friendly
✓
✓
Payment Methods
myPOS leads (6 vs 2)
Amex Unique
—
✓
Apple Pay Unique
—
✓
Google Pay Unique
—
✓
Ideal Unique
—
✓
Mastercard Unique
—
✓
Open Banking Unique
✓
—
Real Time Payments Unique
✓
—
Visa Unique
—
✓
Regions
Europe
✓
✓

TrueLayer is best when you...

Open Banking Payments
View TrueLayer

myPOS is best when you...

European Smart Card Readers
View myPOS

Frequently Asked Questions

What is the difference between TrueLayer and myPOS?
They share 0 payment methods and 1 region. TrueLayer adds Open Banking, Real-Time Payments that myPOS does not list; myPOS adds Amex, Apple Pay, Google Pay and 3 more that TrueLayer does not list.
Which is cheaper, TrueLayer or myPOS?
TrueLayer has published rates from 0.1-0.5%; myPOS has published rates from 1.20% + €0.09 cards. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use TrueLayer and myPOS?
TrueLayer lists 1 region and 2 payment methods; myPOS lists 1 and 6. both cover Europe. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do TrueLayer and myPOS compare on integration and settlement?
both offer a sandbox; both support webhooks; TrueLayer settles in Same day, myPOS in Instant.

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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