Epos Now's embedded finance push reshapes accountants' MTD workload

Epos Now has completed a five-year embedded finance buildout with Adyen, giving 80,000 merchant locations payments, business banking, working capital and card issuing within its point-of-sale platform. No new funding round or acquisition was announced alongside the update.

Epos Now is a Norwich-headquartered cloud POS provider founded in 2011, supporting more than 80,000 small and mid-sized retail and hospitality locations worldwide and reporting annual revenues over 150 million dollars.

Adyen is a global payments platform and licensed bank across the EU, UK and US, providing the banking infrastructure behind Epos Now's embedded products directly rather than through a third-party intermediary.

For accountants, the relevant shift is not the technology itself but what now generates a small retailer's core financial record. Real-time transaction data from POS and embedded banking platforms is becoming the primary input for both tax compliance and financing decisions, at the exact moment digital, continuous record-keeping stopped being optional for many small business clients.

Making Tax Digital for Income Tax became mandatory in April 2026 for sole traders and landlords earning over 50,000 pounds, replacing annual filing with quarterly digital submissions built on live bookkeeping data. Accountants advising retail and hospitality clients on platforms like Epos Now will increasingly work from transaction feeds generated by the till itself rather than bank statements reconciled after the fact.

That convergence cuts both ways. Cleaner, always-current data can simplify quarterly MTD submissions where it integrates with accounting software, but embedded lending decisions made directly on live transaction data bypass the cash flow forecasts and financing advice accountants traditionally provided, echoing a wider shift in which platforms report far higher revenue per client once financial products are added.

For Ireland's accountancy market, the direction of travel is the same. As Revenue's digital reporting requirements tighten, practices serving retail and hospitality clients should expect embedded finance platforms to increasingly define how, and from where, their clients' core financial data arrives.