You accept card payments with no transaction fee up to a monthly threshold (up to €20,000/month, depending on the plan). Above that, only 0.85% per transaction applies on EEA consumer cards. The offer is valid through the end of 2028.

No. wamo POS comes with no monthly fees, no setup costs, and no fixed-term contract – unlike traditional POS providers, where three-year commitments are still standard in Finland. You only pay for the device itself and any commission on transactions above the threshold.

You can open a wamo business account online in about 10 minutes – fully digital, no paperwork. Once approved, you order the POS terminal directly from the wamo app, and as soon as the device is linked to your account, you're ready to accept the most common payment methods. Limited Liability Companies (LLC) Public Limited Companies (PLC) Sole traders, freelancers, and self-employed professionals Please note: UK-based sole traders are not currently supported.

The terminal accepts all major card and contactless payments, including Visa, Mastercard, Apple Pay, and Google Pay. It runs on Android, includes built-in receipt printing, and syncs sales data in real time to the wamo app – giving you one view for cash flow, reporting, and bookkeeping.

Yes. wamo Solutions Oy is a licensed Electronic Money Institution (EMI) regulated by the Finnish Financial Supervisory Authority (FIN-FSA), and complies with EU rules on AML, counter-terrorism financing, and data privacy. Your funds and data are protected with banking-grade security. Your business’s operating address A short description of your business and where it operates How do you plan to use your wamo account Proof of identity (including a biometric check) Your preferred wamo plan