blog

stay ahead and feel supported with need-to-know articles on everything money and anything business.

use-case-grocery-shop

Case Study - A Grocery Store in Malta

Who’s loving wamo? This series of case studies gets feedback from real businesses who are enjoying the difference that wamo has made to managing their business finances.

Communication Team
Communication Team

May 17, 2022

referral-programme

We have a new referral program for May! €/£50 or €/£100 for every successful referral.

£100/€100 for every company you refer and we’re giving your referee the same amount for opening an account. £50/€50 for every sole trader, freelancer you refer and they get the same when they open their wamo account. If you’re not a wamo account holder yet, we look forward to you joining in May to start taking part in this programme.

Communication Team
Communication Team

May 10, 2022

use-case-marketing

Case Study - A Marketing Agency Based in Malta

Who’s loving wamo? This series of case studies gets feedback from real businesses who are enjoying the difference that wamo has made to managing their business finances.

Communication Team
Communication Team

May 09, 2022

use-case-QR-payments

Case Study - A Japanese Restaurant in St Julian’s, Malta

Who’s loving wamo? This series of case studies gets feedback from real businesses who are enjoying the difference that wamo has made to managing their business finances.

Communication Team
Communication Team

May 03, 2022

top-restaurant-trends-2022

Top restaurant digital trends to follow in 2022

The restaurant industry is dynamic, always in flux, and is set to change even more in the next few years. The industry goes through numerous challenges and changes every day, which sometimes can be difficult to keep up with!

Communication Team
Communication Team

May 03, 2022

wamo-QR-menu-solution

How we ended up making the world’s best* contactless menu

We launched our QR menu in April and it’s already a big deal, something we are pleased and excited about. QR menu provides a digitalised ordering and payment system that is customer-led and easily adapted to suit any business. We took some time to think back ‘that time we decided that a contactless menu was our next big step’.

Communication Team
Communication Team

April 26, 2022

digital-solutions

Digital solutions to make your business easier to manage

Running a business can be difficult, but with the right digital solutions, it can be much easier to manage and grow. From accounting and bookkeeping to marketing and sales, these digital solutions can help you run your business more efficiently. Digital transformations are changing the way a business runs. The pandemic has further digitised many businesses as they turned to digital solutions to keep their businesses afloat.

Communication Team
Communication Team

April 18, 2022

virtual-debit-card

What are virtual payment cards?

Think of a traditional payment device - say an old-school debit card: the card number, the cardholder name, the expiry date and for added security, the CVV code. And of course, the plastic. Other than being digital, a virtual payment card is in fact very similar and can be used in many of the same ways: payments can be made in person, online or over the phone.

Communication Team
Communication Team

March 31, 2022

manage-business-expenses

7 best ways to manage your business expenses

Financial management is the oxygen for every small business. Here's a simple guide for you to manage your everyday finances to enable business growth. As a business owner, you always have something on your task list and managing everyday finance is easy to put off for another day. But, neglecting or mismanaging your finances can be costly because not only can it negatively impact your business’ revenue over time, but also your personal financial security.

Communication Team
Communication Team

March 28, 2022

business-sub-accounts

10 ways sub-accounts can help you manage business finances

Your business, no matter how small, can benefit by managing your finances using sub-accounts that allow you to separate payment flows, which in turn give you a clearer picture of how money moves in and out of your business. While sub-accounts aren’t offered by traditional banks, they are a great feature of alternative business accounts and well worth diving into.

Communication Team
Communication Team

March 25, 2022

grow-your-business

5 Things You Need To Know To Grow Your Small Business

You’ve done the hard work that goes with getting your business idea off the ground (well done you!) and now you’re up and running, or maybe you’ve been running for a while. Now you’re faced with what is perhaps the even bigger challenge of expansion.

Communication Team
Communication Team

March 18, 2022

e-residency-marketplace-member

We're e-Residents! And you should be too....

This month wamo became an e-Residency marketplace member. Which is excellent news for us and if you’re an entrepreneurial individual or a small business with big dreams… e-Residency is based in Estonia making it the first ever country to offer government-issued digital identities (e-residencies) and status making it possible to access Estonia’s e-services and transparent business landscape.

Communication Team
Communication Team

October 11, 2021

wamo-apple-pay-integration

wamo has integrated Apple Pay, and will make contactless transactions easier and faster

Fintech startup wamo has integrated Apple Pay into its mobile app to expedite its customers' capability to perform contactless transactions.

Communication Team
Communication Team

September 21, 2021

wamo-apple-pay

wamo, now with added Apple!

In Malta there are two new favourite ways to pay for things: the first is through Revolut and the second is using Apple Pay. So we are very pleased to be able to offer both of these payment options to our customers, and especially to our micro and small business owners who we are so passionate about championing.

Communication Team
Communication Team

September 02, 2021

thank-you-malta

Thank You Malta!

We just want to give Malta a big warm hug! Thank you for supporting us, for welcoming wamo onto your phones and into your businesses as you have. It has given us the launch pad we needed to get wamo flying - and now flying we are!

Communication Team
Communication Team

August 27, 2021

b2b-payments

B2B payments – the future is here.

As things stand, B2B payments are a buyers market. That is, with all the current B2B payment options available the buyer is the one who benefits – the merchant must wait from days to weeks for a payment to arrive in their account while the buyer enjoys more time with the cash in theirs.

Communication Team
Communication Team

August 04, 2021

wamo-operations-europe

wamo starts operations in Europe, expecting to sign up 10.000 new SME clients in 2021

Digital financial institution wamo has started operations in Europe where it expects to attract 10,000 customers before the end of 2021.

Communication Team
Communication Team

July 19, 2021

small-businesses-payments-cash-flow

What are the main problems of small businesses for payments and cash flow?

The global pandemic made touching cash, POS machines - and each other in the exchange – hugely problematic almost overnight. Small businesses that didn’t yet take contactless payments had to move quickly to keep their businesses viable. Luckily, crisis breeds innovation and agile fintech companies moved swiftly to meet these new and urgent needs.

Communication Team
Communication Team

July 12, 2021

whats-the-fuss-about-qr-payments

What’s the fuss about QR payments?

When was the first time you used a QR code to pay for something? Our guess is, recently, and maybe you’ve started to notice the little squares all over the place. The humble QR has been around for 26 years, waiting in the wings for its moment – which certainly came with a bang in 2020.

Communication Team
Communication Team

June 28, 2021

how-to-open-bank-account-malta

How to Open a Bank Account in Malta

Whether as an individual or a business, you will need a bank account in order to be in Malta long-term. For individuals who have a satisfactory credit rating and have not ever been declared bankrupt, opening an account is straightforward if time-consuming.

Communication Team
Communication Team

May 03, 2021

how-to-start-a-business-in-malta

How to start a business in Malta

Malta is not only a beautiful place to live with a high quality work force and a balanced work-life culture, it is also very business-friendly – after all, it’s one of the fastest growing economies in Europe. It promotes professionalism and regulation and offers very attractive tax benefits.

Communication Team
Communication Team

April 26, 2021

send-money-from-malta

Send money from Malta now, with wamo.

You’ve been asking for it and so we are super pleased to say, international convert and send is here! Ready for you to send your money wherever in the world you want it to go, from the safety of your phone.

Communication Team
Communication Team

March 01, 2021

start-business-in-malta

Dream about starting a business or owning property in Malta? This changes everything…

Buying property or starting a business in Malta (or both) is hugely appealing for many reasons: low set up costs, attractive tax rates and incentives and a flexible, resourceful work force.

Communication Team
Communication Team

February 03, 2021

new-world-for-small-businesses

Brave the new world for small businesses, with wamo.

A lot can happen in a year. Since March the way we live and work has changed dramatically. Working from home is the new normal with many companies taking the decision to continue having employees work from home post-COVID. In fact, according to some reports, a quarter of British employees could end up with no commute required going forward. That’s huge. Remember when it was “working” from home, with a wink and air quotes?

Communication Team
Communication Team

January 22, 2021

business-banking-account

Yes, you should have a separate business banking account. Here's why.

When you’re starting your own business or if you’re a freelancer or small business owner, it’s tempting to use your personal bank account rather than opening a separate one.

Communication Team
Communication Team

January 12, 2021

happy-new-years-resolution

Happy New Year’s Resolution!

It’s fair to say that most of us can’t wait to see the back of 2020. It’s been a challenging time, but let’s resolve to focus on the positives.

Communication Team
Communication Team

December 31, 2020

malta-atm-withdrawing

Are we withdrawing from ATMs?

There are 405 ATMs in Malta which may not sound like a lot but is 47% more ATMs per capita than the rest of the Euro area. Malta is a small country, 27km long and 14.5km wide, in fact.

Communication Team
Communication Team

December 22, 2020

save-money-christmas

8 ways to save money and raise spirits this Christmas.

In a year that has really brought home the importance of connection, of family and friends, of kind gestures and looking out for one another, celebrating the Christmas spirit is perhaps a bit more meaningful this year. It’s a good year to take the focus away from money and spending and onto the other pleasures the season offers.

Communication Team
Communication Team

December 15, 2020

© wamo 2022, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner

wamo.io LTD incorporated and registered in the United Kingdom under the company registration number 12352849 and the operational office of which is at WeWork, 199 Bishopgate, London EC2M 3TY. wamo operates the wamo.io website and the app. wamo is not a bank, the current account is an e-money account. Issuance of Electronic Money and payment services is provided by PayrNet Limited. PayrNet holds an amount equivalent to the money in the wamo current accounts in a safeguarding account which gives the customers protection against insolvency. We are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (register reference 922901) for the issuing of electronic money. wamo is an EMD agent of PayrNet.

© wamo 2022, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner