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Card Payment Machine Providers & Costs February 2024

In this article we review 16 of the UK’s best card machine providers in price order below:

Verifone: Fee’s from 0.4% of transactions
PAX A920: Fee’s from 0.99% of transactions
Lloyds: Fee’s from 1.25% of transactions
Dojo: Fee’s from 1.4% of transactions
Worldpay: Fee’s from 1.4% of transactions
XLN: Fee’s from 1.5% of transactions
Tyl by Natwest: Fee’s from 1.5% of transactions
Barclays: Fee’s from 1.6% of transactions
SumUp: Fee’s from 1.69% of transactions
Zettle: Fee’s from 1.75% of transactions
Square: Fee’s from 1.75% of transactions
Elavon: Fee’s from 1.75% of transactions
Clover: Fee’s from 2.9% of transactions
HSBC: Fee’s from 2.99% of transactions
Ingenico: Who sell their payment terminals to resellers
Castles: Who sell their payment terminals to resellers

What is a Card Machine?

A card machine is a device that allows you to take payments via credit or debit card in exchange for a fee, usually a small percentage (%) of the transaction cost.

Card machines are usually mobile, portable or countertop devices. Each device has its own benefits, allowing merchants to accept payments either in store or on the go extremely easily.

Benefits of Card Machines for Small Businesses

In February 2024, card machines have many benefits to small businesses especially as the world is moving to a cashless society. These benefits include:

1) Improved sales: Accepting payment via card allows your customers to pay in more ways than just cash.
2) Better customer service: Faster check outs mean less wasted time and better customer satisfaction.
3) Accurate record keeping: All transactions are automatically recorded making reconciliation simple.
4) Better security: Card machines have security features to protect you and your customers from Fraud.
5) Less chance of theft: With a cashless business, robbery is greatly reduced.

   

Card Machine Frequently Asked Questions (FAQs)

To take payments over the phone on your card machine follow the steps below:

1) Enter the cost of product

2) When the machines asks you to present the card, type in the long 16 digit card number

3) Enter the expiry date of the card and press ‘enter’

4) Enter the 3 digits on the back of the card which is the security number

5) Enter the house number and only the numerical digits of the customers postcode and click ‘enter’

6) The card machine will now process the transaction

7) The receipt will print automatically

8) Once the receipt is printed press ‘enter’ to finish the transaction

9) Keep the receipt for your records

You can reset you Ingenico card machine by holding down the ‘Clear’ button for 5 seconds. This will reset the terminal and you can restart your transaction.

If this fails, unplug the card machine from the power and wait for 10 seconds before turning the terminal back on. Repeat the transaction once the card machine reboots.

To use a card machine in your business you must first select your POS provider by comparing features and costs online and selecting one that is most suitable for your business.

Once you have selected your provider and paid the set up fees your terminal will be delivered and you can then connect this via WiFi, 3G, 4G or an old-fashioned phone line.

Proceed to follow the set up instructions which is specific to your terminal and then you are ready to start taking payments!

The purchase price of card machines vary from £12 – £449 depending on features required and transaction fees range from 0.4% – 3.99% depending on how the transaction is being processed and your card machine provider.

To take card payments in a small business, follow the steps below:

1) Select a card machine provider by researching which POS provider is best suited to your business, fees and how you want to take payments

2) Purchase your device and schedule delivery

3) Link your device with the internet and follow the set up instructions

4) You’re now ready to start taking payments using the on-screen process

No, you cannot charge customers for using credit, debit, or charge card in the UK. The card surcharge ban came into force 13th January 2018.

Card readers do not need WiFi to operate but they do need access to the internet. Card reader can access the internet via a mobile network, a wired internet connection or Wifi.

Verifone provide the cheapest option of accepting card payments in the UK with a transaction fee as little as 0.4%.

Yes, businesses can take card payments without a business account using a payment facilitator service.

Yes, payment terminals can be bought, leased or sold online in various forms, such as countertop machines, mobile terminals, virtual terminals and integrated point-of-sale (POS) terminals.

The cheapest way to accept card payments is through a payment service provider (PSP). PSPs manage your merchant account and usually include free or discounted access to a card reader.

These providers typically charge a flat rate per transaction that includes their cut and the interchange fee (known as the processor’s markup).

A chip and pin machine makes card payments in your store faster and safer. Once your chip and pin machine is set up just simply follow the instructions on the device, this will include:

1) Enter the value of the sale

2) Present the customer card for contactless or enter the card for chip and pin

3) Click enter for the transaction to be approved

4) Provide the customer with the receipt and keep the merchant receipt for your records

If you’re experiencing technical problems with your PDQ machine, performing a hard or soft reboot may help resolve the problem.

This can be completed in two ways:

1) Pull down on the right-hand side of your device to force a reboot for several seconds.

2) If this doesn’t work, unplug the machine from the power for 10 seconds, plug back in and restart.

PDQ machines are card payment terminals and point-of-sale (POS) devices merchants use to accept debit and credit cards for payment processing.

Different PDQ machines exist, each offering businesses distinct advantages. There’s something suitable for every business, from portable models to those connected via WiFi and countertop options.

Credit cards contain plastic that can warp and melt if exposed to heat in a washing machine for extended periods, rendering them unusable but in some cases can survive a washing machine cycle.

Yes manual credit card machines are legal in the UK but are deemed as high-risk and therefore card-present transactions are recommended.

The card machine requires the original card to be inserted or swiped to process a refund. This will connect, authorise, and print a merchant receipt which should be kept for records.

Refunds without a card can be processed if the merchant has full records of the transaction but is deemed high-risk and not recommended.

1) Plug in your Worldpay Card Machine and leave to fully charge

2) Select Wifi set up and click ‘New Profile’

3) Click ‘Automatic scan’

4) Choose WiFi Network and click WPA/WPA2

5) Enter your chosen password

6) Enter your merchant number provided by WorldPay

7) Enter your chosen supervisor code

8) Wait for 2 minutes and your device is ready to take payments!

To connect your Ingenico card machine to Wifi follow the instructions below:#

1) Press F3

2) Click ‘Control panel’

3) Click ‘Terminal Settings’

4) Click ‘Communication Means’

5) Click ‘Wi-Fi’

6) Click ‘Scan Networks’

7) Choose Network and Enter Password

8) Your device is now connected

Credit card processing terminals accept magstripe cards, chip-and-pin cards and contactless payments via NFC (near field communication). When the card is presented to the reader, the built in card chip connects with the card machine to make the transaction.

To turn off your Ingenico card machine, remove it from its base and hold down ‘function’ and ‘clear’ together for 10 seconds.

To turn off your Verifone card machine, remove it from its base and hold down the red button for 10 seconds.

To reset your Worldpay card machine, remove it from its base and hold down ‘#’ and the yellow key for 10 seconds.

Dojo card machines have cameras for reading barcodes and QR codes.

Many card machine errors can be resolved with a ‘soft reset’. This will refresh the operating system and power cycle, clearing any functional issues. This is different for each brand of card machine but usually involves holding down 2 buttons for 5-10 seconds.

Amazon does have its own merchant account service. You can sign up for amazon merchant services here.

The purchase price of merchant accounts vary from £12 – £449 for hardware and transaction fees range from 0.4% – 3.99% depending on a variety of factors including card type and how the transaction is being processed.

To set up a merchant account follow the steps below:

1) Get a business license

2) Start a business bank account

3) Compare Merchant Account Providers here.

4) Select and order your merchant account for delivery

5) Complete the set up instructions on the hardware

6) Start taking payments!

Most people can get a merchant account if they have a business license and business bank account. A good credit history is favourable but there are also some providers that allow high-risk customers. You can explore this here.

A merchant account allows your business to accept credit and debit cards, eliminating the need for physical cash handling and increasing customer satisfaction.
When a payment is made, your customer’s bank sends the funds to your merchant account provider, who then transfers those funds directly to you. Depending on which provider you select, this process may take anywhere from 24 hours to seven days depending on which one.

A merchant account is an agreement with either Visa or Mastercard acquiring member banks that allows you to receive funds from credit card transactions (less any fees) you accept.
This arrangement is similar to having a “holding pen.” While you wait for funds from the issuing bank to be transferred, the merchant does not have direct access to these funds and a bank account actually holds these funds.

A merchant account is an system that allows your business to accept card payments. It holds customer funds until the customer’s bank has cleared them, then sends them to the merchant.

PayPal not a merchant account provider. It is a payment facilitator or aggregator, commonly referred to as PayFac or payment service provider (PSP).

A merchant account is a type of account that allows businesses to accept payments by debit or credit card.

When a customer purchases, funds are deposited into your merchant account and transferred to your business bank account. Usually, this process occurs daily or weekly.

Card machines usually feature an LCD screen, a number pad for entering PINs, and a slot for swiping credit or debit cards. A card reader is simply the electronic device that reads the card data.

EPOS systems come in two varieties: mobile or tethered to the till. Whichever option you opt for, they do require internet access to process payments whether that be mobile internet, Wi-Fi or wired internet.

An electronic point of sale (EPOS) system comprises hardware and software, enabling businesses to process transactions and manage inventory. Typically, this system consists of a central touchscreen terminal and peripherals such as card machines and receipt printers.

Traditional POS systems operate on stationary terminals, cash drawers, and credit card readers. EPOS systems use digital signatures instead and these modern EPOS solutions do not need hardware, making them much more flexible. They can use portable hardware like tablets instead, reducing upfront costs and maintenance requirements.

EPOS stands for Electronic Point-of-sale system. It is an all-inclusive software and hardware solution designed to assist a business in running and expanding by taking payments .

EPOS machines allow merchants to take payments as well as various functions like accounting, analytics, inventory management tools, customer loyalty features, staff management functions and card machine integration – to name a few!

To get a PDQ machine for your business follow the steps below:

1) Get a business license

2) Start a business bank account

3) Compare PDQ Providers here.

4) Select and order your PDQ for delivery

5) Complete the set-up instructions on the hardware

6) Start taking payments!

PDQ machines are used on the countertop, via mobile or can also be portable. Once set up you can take a range of card payments for your business.

Process data quickly (PDQ) machines offer merchants a cost-effective method of accepting credit and debit card payments. A Point of Sale (POS) system is the terminal to take the customer payment.

PDQ, short for ‘Process Data Quickly’, is an acronym used to refer to a device that processes debit or credit card transactions quickly. With more customers opting to pay with cards, PDQ machines offer businesses numerous advantages. These include convenience, security and transparency.

PDQ stands for “Process Data Quickly”. Before PDQ machines, merchants and shopkeepers manually entered card information into computers. With these automated systems in place, PDQ speeds up this process considerably.

Yes, banks get paid an interchange fee each time you use your debit or credit card.

Debit card processing fees can differ significantly between banks and usually between 0.4 – 2.99%.

Yes, many banks now offer card machines including Lloyds and Barclays. Contact your bank today to discover options available to you.

Credit card fees are an expense many businesses must cover when accepting credit cards. These charges can vary significantly, cutting profits and impacting the bottom line.
Credit card processing fees consist of interchange rates, an assessment fee and payment processor markup, which are calculated as either a percentage of the transaction amount or a flat fee usually between 0.4 – 3.99%.

Yes, you can use your phone as a card machine in multiple ways. Mobile credit card readers, like those from Square and SumUp will enable your phone or tablet to take payments.

Card Payment Machine Providers
Card Reader Purchase Price Rate Advantages
square £16.00 1.75% Many payment features
sumup £39.00 1.69% Many business tools
Revolut £49.00 0.8%-2.6%+2p Low rates
zettle £29-£59 1.75% Ergonomic card reader
Shopify £49.00 1.5%-1.7%% Shopify integration
Elavon £29.00 1.75%-2.5% 24/7 Customer support
barclaycard £29.00 1.60% Low fixed rates
Dojo Card Machines

Dojo Card Machine

Dojo card machine is a mobile card reader explicitly designed for small businesses that accept debit and credit card payments. It’s an efficient, quick way to take payments on the go or at your storefront.

Dojo Costs:

Dojo charges a 1.4% transaction fee for card turnover under £150K per year. For more information click here.

Where Dojo can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Dojo:

  • chip and PIN
  • contactless debit/credit
  • mobile wallets like Apple Pay, Google Pay and Samsung Pay

Dojo offers the WiFi-enabled PAX A920 touchscreen terminal, which can connect to mobile data through its included SIM. This lets you accept cards even if your Wi-Fi connection is slow or unstable.

Dojo POS terminal

Dojo Card Machine Information

Dojo supports Visa, Mastercard, Discover and American Express, and mobile wallets such as Apple Pay and Samsung Pay. Furthermore, the card reader includes a heat-based thermal receipt printer that prints out receipts from the card reader.

Integrated Payments

Dojo has partnered with Microtill to offer integrated payments, connecting your card machine to an EPOS system in the cloud, so you don’t have to key in transactions twice. This makes processing payments faster, safer, and simpler than ever before.

Faster Transactions

Dojo utilises Oracle Cloud and Platform Equinix to deliver payment services 80% faster than the industry standard. This helps guarantee rapid switching and clearing of all Visa, Mastercard, American Express and Diners Club International transactions.

Next-Day Payments

Dojo processes real-time transactions and transfers money to your business bank account (less their fees) on the same day. This is ideal for businesses that must get paid within 24 hours, such as restaurants and cafes.

Dojo has received primarily positive customer feedback on the customer review website Trustpilot, earning it a rating of 4.9 stars out of 5. However, some users have reported issues with customer service and hidden charges.

For more information on Dojo click here.

Clover POS

Clover Card Machine

Clover is an established point-of-sale (POS) system designed to assist small business owners in managing sales and customers. It boasts a user-friendly interface as well as responsive customer support.

Clover Costs:

Clover charges a 2.9% transaction fee as a flat rate and offers various other pricing structures including Tiered and Interchange Plus. For more information click here.

Where Clover can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Clover:

  • chip and PIN
  • contactless debit/credit
  • mobile wallets like Apple Pay, Google Pay and Samsung Pay

Clover stands out among competitors by offering a comprehensive selection of hardware and software options that can be tailored to meet your requirements. Its Point-of-Sale software supports numerous business tools and reporting features like bar tabs, inventory management and rewards programs.

Clover Card Machine Terminals

It also allows you to track revenue, filter POS reports by time and location, and get consolidated sales data across multiple locations. Furthermore, its Rapid Deposit feature gives you access to your funds within minutes for a 1% fee instead of waiting one to three business days as with traditional deposit methods.

The Clover Mini boasts an integrated barcode scanner and printer so you can quickly print receipts for customers. Plus, its front-facing camera allows for scanning QR codes at the point of sale.

Clover offers card readers and a mobile app to process EMV chip cards and NFC transactions. This app can be used with a tablet or smartphone or connected directly to a compatible Clover POS device to serve as the screen.

As with other POS systems, Clover’s pricing depends on your industry and how many additional features you require. For instance, restaurants require more robust POS solutions than retail stores do.

For more information on Clover click here.

NatWest Tyl

Tyl by NatWest Card Machine

Tyl offers a flexible pricing model tailored to small and micro businesses with revenue below £50,000, making its PAX terminal the cheapest standalone card machine on the market – saving merchants an impressive 0.15% in transaction fees per transaction.

Tyl by Natwest Costs:

Tyl by Natwest charges a simple 1.5% transaction fee. This can vary based on the size of your business, the value of payments taken on a monthly basis and a number of other factors. You can understand you exact fees with their online fee calculation here.

Where Tyl by Natwest can take payments:

  • Cards online
  • Over the phone
  • In-store

Tyl by Natwest has a loyalty program to reward customers for purchasing and integrates with accounting software to offer deep transaction insights.

Methods of Payment accepted by Tyl by NatWest:

  • chip and PIN
  • contactless debit/credit
  • mobile wallets like Apple Pay, Google Pay and Samsung Pay

As one of the UK’s largest banks, you can trust Tyl’s reliability and security for your business needs.

NatWest Tyl card payment machine

Natwest Tyl Card Machine Information

NatWest Tyl is a secure and convenient way to accept credit card payments in your store, with no sensitive information ever stored or processed on your Magento 2 site. With this extension, you can customize the payment method on your checkout page and redirect customers to an externally hosted payment page to complete their purchases.

You’ll first need to open a merchant account with NatWest to take advantage of this gateway. After doing so, you can integrate your store with the payment gateway using your Store ID and Shared Secret Key, generate invoices and process refunds for transactions made through the NatWest Tyl gateway.

Tyl by NatWest is a reliable payment provider with an excellent reputation, though it lacks many online reviews. Nonetheless, it’s an ideal option for small and medium-sized businesses that need to provide various payment methods. Furthermore, setting up a loyalty programme and rewarding customers for their continued support is accessible with Tyl.

For more information on Tyl by Natwest click here.

zettle by paypal

Zettle Card Payment Machine

Zettle Reader is easy to set up and has an elegant design. It works 25% faster than other card readers and boasts a 30% longer battery life. It comes with a micro USB cable for charging; alternatively, Zettle Dock – a small stand with a built-in charger ideal for businesses selling from fixed locations – can also be utilised.

Zettle Costs:

Zettle charges a simple 1.75% transaction fee or 2.5% for invoice or payment link transactions. For further details on charges click here.

Where Zettle can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Zettle:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Zettle’s rate structure is similar to other flat-rate processors, with a one-time cost of £29 plus VAT and no monthly fees. There are two plans: Zettle Go (including free card reader) and Zettle Go Plus (£29 per month for sales reports and premium support).

Zettle Reader 2

Zettle Card Machine Information

If you’re searching for a mobile point-of-sale (POS) solution, an iZettle card machine could be your ideal choice. It provides various payment options at low setup costs and no monthly fees.

Zettle Reader 2

Zettle has revolutionized how UK businesses accept payments. Their mPOS system utilizes an app and mini chip card reader to process transactions without needing a card terminal or bank account.

Zettle accepts various cards and contactless payments, such as:

  • Visa
  • Mastercard
  • Visa Electron
  • V Pay
  • Maestro
  • American Express
  • JCB
  • Diners Club
  • UnionPay
  • Discover
  • Apple Pay, Google Pay and Samsung Pay

Zettle POS app is free and compatible with Apple iOS or Android OS devices connected to 3G, 4G or Wi-Fi networks. With it, you can send invoices and payment links, display QR codes and process online payments quickly and easily.

PayPal is best known for its online payment solutions. However, its mobile credit card processing offerings can be invaluable to small business owners who must accept credit and debit cards in person.

Signing up for a free account with PayPal lets you utilize their app or credit card reader and start accepting payments. There are no long-term contracts, and you can cancel without incurring fees.

For more information on Zettle click here.

Square Point of Sale

Square Card Machine

The Square card machine is a point-of-sale (POS) system designed to make it easy for small businesses to accept credit and debit cards. With an app, businesses can effortlessly track sales and inventory levels.

Square Costs:

Square charges 1.75% transaction fee for usual card-present transactions or 2.5% for transactions manually input into the Point-of Sale Terminal. For further details on charges click here.

Where Square can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Square:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Processing card payments for your business has never been faster or simpler. Before deciding if Square suits you, looking into its fees and features is essential. It’s ideal for new and small businesses that need an easy yet cost-effective way to accept card payments.

Square Card Machine

Square Card Machine Information

Square stands out among other payment processors by offering a flat rate. This means you pay an established percentage of each transaction. This pricing structure is ideal for businesses with lower sales volumes or customers who prefer specific brands or types of cards.

There are no startup or subscription fees and refund or account termination fees. It’s one of the few processors that doesn’t charge a chargeback fee.

However, using the Square card machine has its drawbacks. For instance, it does not support magnetic stripe credit cards – a minor inconvenience for most businesses but an issue for some. However, if this is an issue for you, the company offers a countertop dock for the Square reader that allows it to accept magnetic stripe cards.

For more information on Square click here.

Worldpay POS

Worldpay Card Machine

Worldpay provides card machines, intelligent terminals, and online payment portals to enable you to accept various payments. These include credit/debit cards, PayPal and other online services, and alternative methods like Apple Pay.

Worldpay Costs:

Worldpay charges 1.75% transaction fee for usual card-present transactions or 2.5% for transactions manually input into the Point-of Sale Terminal. For further details on charges click here.

Where Worldpay can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Worldpay:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

With Worldpay you can select a fixed-terminal or mobile card machine based on your business requirements. These devices can be utilised face-to-face and remotely for transactions and are compatible with Visa, Mastercard, China Union Pay, Diners Club International and Discover.

These devices also feature a range of security features, such as PCI DSS secure transactions and AVS Fraud detection, which can help reduce the risk of fraudulent activity on your business premises. Furthermore, they are HIPPA compliant, protecting customers’ sensitive personal information.

Worldpay Card Machine Information

Your WorldPay card machine can also be used for phone payments, an excellent way to increase sales. This enables you to accept payments from anywhere with a phone and allows customers to pay using their smartphone or tablet device.

Worldpay offers merchants a suite of reporting and analytics to monitor their business performance across various sales verticals. This is an effective tool for keeping tabs on results while helping reduce chargeback fraudulence.

For more information on Worldpay click here.

SumUpPOS

Sum Up Card Machine

SumUp card machine is a mobile credit card reader that connects to your smartphone and accepts payments through contactless, chip and PIN, or magnetic swipe. These straightforward portable card readers don’t require monthly fees or long-term contracts; they offer simple operations.

SumUp Costs:

SumUp charges 1.69% transaction fee for all transactions. For further details on charges click here.

Where SumUp can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by SumUp:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

SumUp app for iPhone or iPad is easy to set up, allowing you to create a product catalogue and manage payments. Plus, the app supports payment links and QR codes, which you can send customers – perfect if you offer gift cards or other digital products!

SumUp Card Machine

SumUp Card Machine Information

SumUp card machine is an economical solution for processing payments for small businesses. Its fees are competitively low, and they have a fantastic customer support team available to answer your queries.

SumUp Readers come in three varieties: SumUp Plus, SumUp Pro and SumUp Solo. The Plus is an app-based reader that works with smartphones or tablets; meanwhile, Pro and Solo are standalone devices that don’t need to be connected to the app.

SumUp card machines feature a flat keypad that’s wipeable and they can process up to 500 transactions on one charge. They’re wireless and portable, docking into an ideal stand for countertop use for £39 with free delivery and a 1-year warranty – perfect for countertop usage!

For more information on SumUp click here.

Elavon Card Payment Machines

Elavon Card Machine

Established in 1984, Elavon is a sizeable US-based processor that serves various industries. Through their network of independent sales agents, sub-ISOs and reseller partners, they reach businesses nationwide with their services and products.

Elavon Costs:

Elavon charges 2% transaction fee for most transactions. For further details on charges click here.

Where Elavon can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Elavon:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Elavon provides a quote-based pricing structure typically determined by an organization’s industry, transaction volume and other elements. This pricing usually includes interchange plus markup, monthly fees and other costs.

Elavon POS Systems

Elavon Card Payment Machine Information

Elavon offers multi-currency and dynamic currency conversion for in-person and online transactions, giving customers the choice of paying in their home currency with extra revenue generated from foreign exchange fees.

Payment Acceptance: With various terminals and mobile apps, Elavon accept all major credit cards. Plus, the company provides contactless restaurant ordering and gift and loyalty card programs. They also offer a selection of POS Equipment for small and medium-sized businesses that need to process payments in person. These include traditional POS systems, tablets and smartphones.

Software: Elavon collaborates with Poynt and tech to offer point-of-sale (POS) software for businesses in retail, restaurants and service industries. Their solutions have advanced features that streamline your operations, such as reporting and chargeback management with alerts.

Customer Support: Elavon receives a Fair rating in this category due to its dedicated account managers and dedicated 24/7/365 customer support.

For more information on Elavon click here.

Ingenico Card Machine Review

The Ingenico card machine is a popular option for retailers seeking to accept multiple payment types. These devices boast advanced security features that guarantee that customer transactions are completed quickly and securely.

Ingenico Costs:

Ingenico sell their payment terminals via resellers. For further details on charges click here.

Where Ingenico can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Ingenico:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Ingenico is a major international player in the credit card reader industry, boasting user-friendly and highly dependable devices. Furthermore, their customer support ranks highly.

Ingenico Card Machine

Ingenico Card Payment Machine Information

If you’re in the market for a new terminal or need to replace an existing one, Ingenico offers various options that meet your business requirements and budget. Some models provide more features than others, so carefully weigh all options before investing in a credit card reader.
For instance, the Ingenico iCT220 is an impressive countertop terminal that supports swipe and sign, EMV chip-and-pin or contactless payments, digital wallets, and NFC couponing technologies. Plus, its 3.5″ touchscreen display makes it perfect for in-store and online transactions.

This unit can process a wide range of credit and debit cards through either dial-up or high-speed connections, offering quick authorization time. It runs on Ingenico’s Telium 2 platform, developed over 30 years in payment processing expertise.

Ingenico offers a selection of desktop models ideal for small business merchants looking to streamline their checkout processes. These units can accept multiple payment methods and enhance consumers’ checkout experiences, making them perfect for busy retail settings.

For more information on Ingenico click here.

XLN Card Machine

XLN Telecom provides broadband, business phone line and card processing services to small businesses throughout the UK. Established by Christian Nellemann in 2002, XLN also provides energy and free public Wi-Fi connectivity for merchants.

XLN Costs:

XLN charges a 1.5% transaction fee for most transactions. For further details on charges click here.

Where XLN can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by XLN:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Card machines have become an integral component of retail businesses, helping to streamline payment processes, enhance customer experiences and boost security. Selecting the right card machine provider can make all the difference for your business.

XLN Card Payment Machine Information

When looking for the ideal card machine provider for your small business, look for one that offers a range of features tailored to fit your budget and requirements. Popular choices include mobile payments, ioT integration, EMV chip & PIN, and more.

One popular option is the portable card machine, which uses Bluetooth or Wi-Fi to connect with a base unit that fits your pocket. This makes it ideal for restaurants or other businesses where customers frequently move around.

For more information on XLN click here.

HSBC Card Machine

Are you starting a business that accepts card payments? HSBC has merchant services to make it happen. These include credit card machines, merchant accounts and various EPOS equipment.

HSBC Costs:

HSBC charges a 2.99% transaction fee for most transactions. For further details on charges click here.

Where HSBC can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by HSBC:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

HSBC Card Payment Machine Information

HSBC offers an impressive range of credit cards with various rewards to fit your spending habits. These include cash back, travel perks and gift cards. These features allow cardholders to maximize their earnings; however, they should also be aware of any applicable fees.

Castles Card Machine

Castles Card Machine makes it simple for customers to swipe their cards and pay at your business. Retail stores, restaurants and bars all benefit from having a card machine in their establishment. Not only does it give staff more opportunities to sell products, but it can also boost profitability for the business. When selecting new or used card machines for your establishment, consider what features you need as well as how user-friendly the device will be for staff members.

Castles Costs:

Castles providers their card machines to resellers. For further details on their products click here.

Where Castles can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Castles:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

A countertop or portable card machine connected to your POS system can save money and time by making payment acceptance easier for staff members. Typically, these devices include a receipt printer, backlit PIN pad and colour display for easy viewing of transactions.
Mobile or portable card machines work through Bluetooth or Wi-Fi connections and can be used anywhere your staff needs to accept payments. Restaurants and cafes often opt for them, while retail stores with a lot of foot traffic may find them ideal too.

Castles Card Payment Machine Information

Handepay Merchant Services offers a selection of card machines made by Taiwanese manufacturer Castles Technology, both mobile and at the till point. These devices are perfect for small businesses and usually cost-effective to run.

Castles Technology boasts a global reach and offers state-of-the-art payment solutions for vending, financial, retail and hospitality sectors. If you need an efficient card machine to help grow your business, Castles Vega V3M2 is your perfect fit; its low monthly rental rate, fast payouts and convenient Bluetooth connectivity allow you to start accepting credit/debit cards quickly and affordably.

For more information on Castles Card Machines click here.

Lloyds Card Machine

Lloyds Card Machine is an EMV-certified device that allows you to accept credit and debit cards. It comes equipped with customizable POS software and online reporting capabilities, available for rent or purchase.

Lloyds Costs:

Lloyds charges a 1.25% transaction fee for most transactions. For further details on charges click here.

Where Lloyds can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Lloyds:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Lloyds Bank is one of the biggest banks in the UK and a leader in merchant services. It offers various payment solutions for businesses of all sizes, with Clover as its primary mPOS solution.

Lloyds Card Payment Machine Information

Whether you need to accept payments in person at the till or away from your business, we have the perfect card machine. Plus, our range of online payment solutions will make running your business smoother and increase customer satisfaction.

Lloyds omnichannel payment gateway combines card transactions from various channels into one seamless process, giving your customers a connected experience that keeps them coming back. Their payment solution can be tailored to fit your business requirements and scale with you as needed, so you can easily add new features.

Lloyds offer a flexible pricing plan suitable for various business sizes and types, with custom rates for those doing extensive international trading. Furthermore, they can assist corporates and those needing to integrate multiple payment methods with one system setup.

Lloyds offer a card machine compatible with all major cards, such as MasterCard and Visa. It can be rented or purchased, accommodating chip/PIN and magnetic stripe card payments.

For more information on Lloyds card machines click here.

PAX A920 Card Machine

PAX A920 Card Machine

PAX Technology Ltd is one of the world’s largest secure electronic payment terminals and software providers. Established in Hong Kong in 2000, their operations now span North America and Australia.

PAX A920 Costs:

PAX A920 charges a 0.99% transaction fee for most transactions. For further details on charges click here.

Where PAX A920 can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by PAX A920:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

The PAX a920 features an app store, providing access to an extensive library of business apps that can be tailored to your specific needs. These applications are organized into categories like customer service, analytics and marketing for easy download.

The PAX a920 boasts an impressive 10-hour battery life, making it a significant business advantage. After all, credit card readers need to be able to process payments even while away at festivals or meetings. With this model, business owners can rest assured that their machines will always remain powered up.

Pax a920 Card Payment Machine Information

The a920 is the world’s first tablet mobile credit card reader, giving businesses all the benefits of a POS system in a compact design. Perfect for retail, hospitality, food trucks and other mobile businesses that need to accept payments while this card machine provides effortless payment processing on the go.

This advanced point-of-sale (POS) device runs on Android OS and features a 5-inch touchscreen. It also has built-in cameras for scanning bar codes, Bluetooth support, and a rechargeable battery that works over 4G or Wi-Fi data networks.

This credit card reader is an ideal alternative to desktop credit card readers since it can be used in any environment and supports multiple payment methods: Swipe, Tap and Chip. Furthermore, the a920 can process Apple and Android Pay, making it ideal for mobile vendors or food trucks that need to accept payments on the go.

For more information on the PAX A920 Card Machine click here.

Barclays Card Machine

Barclays Card Machine

A Barclays card machine is the most common payment terminal in stores. They come in various shapes and sizes to meet all business needs.

Barclays Costs:

Barclays charges a 1.6% transaction fee for most transactions. For further details on charges click here.

Where Barclays can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Barclays:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Card readers are an excellent solution for taking payments, particularly if your business is small or you experience irregular turnover. Plus, they’re incredibly user-friendly.

Barclays PDQ terminal

Barclays Card Payment Machine Information

Barclays provides two card reader options: Flex Mobile and Anywhere. The first option is pay-as-you-go with a 1.6% transaction fee for businesses with low card turnover or seasonal traders. At the same time, the second has a tailored pricing plan with an annual card turnover of £200,000 or more and charges a variable monthly fee.

We recommend getting a quote first if you’re considering switching to Barclays. This will provide an exact indication of the rates that will apply.

It’s essential to know that Barclays is one of the priciest payment providers. You may get a better rate by looking into other companies or using our UK merchant account and credit card comparison tool.

Barclays requires that all transactions be PCI-DSS compliant; if not, they will charge a non-compliance fee as an annual percentage rate per transaction.

Barclays offers support with card fraud management, PCI-DSS compliance, and their self-branded EMV chip & PIN machines for lease. These come in different formats to fit your needs – desktop card machines, portable and mobile options.

For more information on Barclays Card Payment machines click here.

Verifone Card Machine

Verifone Card Machine

Verifone card machines are one of the world’s leading payment solution providers. Their comprehensive range of card machines comes with accompanying software and omnichannel solutions that let you seamlessly combine in-person payments with online stores.

Verifone Costs:

Verifone charges a 0.4 –0.9% transaction fee for most transactions. For further details on charges click here.

Where Verifone can take payments:

  • Cards online
  • Over the phone
  • In-store

Methods of Payment accepted by Verifone:

  • Chip and PIN
  • Contactless debit/credit
  • Mobile wallets like Apple Pay, Google Pay and Samsung Pay

Many merchant service providers offer card terminals for rent; alternatively, businesses can purchase them directly with a card processing contract. These can be ideal for small and medium-sized enterprises (SMEs) who want high-quality card terminals from reliable companies for the long term.

Verifone Card Payment Machine Information

Verifone’s vx520 countertop credit card machine features a large, backlit display, ergonomic keys and bold menu prompts that simplify clerk training, expedite lines and reduce errors. It accepts all major credit cards, PIN-based debit cards, gift and loyalty cards, EMV chip cards, and NFC payment technology.

With an optional battery, the vx520 can be a mobile credit card machine connected to the internet via its V.34 modem or GPRS interface. This makes it perfect for retail stores, restaurants and other business sectors that need to process transactions on the go.
It features an integrated thermal printer for printing receipts and value-added coupons. It has 24 MB of memory and an EMV reader to process the chip and traditional magnetic stripe cards.

Verifone’s p200 programmable mag stripe EMV card machine is part of their Engage portfolio and delivers next-generation features, functionality, and versatility to help speed customers through checkout. By combining Verifone’s new architecture, Linux-based operating system, and modern application environment in one POS device, this device provides everything you need–and more!

For more information on the Verifone Card Payment Machine click here.

Portable card machines

Portable Card Machines

Portable card machines allow your customers to pay for food and drinks directly at the table, making them an excellent option for hospitality businesses such as restaurants or bars. Furthermore, portable card machines can be employed in multi-merchant settings like hair salons that rent chairs to clients.

Mobile card readers require an internet connection to communicate with your merchant bank. Usually, this is through Wi-Fi, though some models can also utilize a traditional business landline phone line.

Depending on your location, you may have to rely on either 3G or 4G networks for connectivity. While these may be slower than using an internet connection, this might be the ideal option if your business still requires small firms to need broadband.

Credit card payment technology has advanced significantly over the last few years. Now, you can find card machines that accept chip and PIN payments and are contactless, which is the fastest way to purchase items.

They have built-in POS software for sales reports, inventory management and performance evaluation. Plus, you can print receipts directly from the machine!

Typically, you’ll pay a fixed transaction fee when processing in-person transactions and lower rates for online or mobile payments; some companies even give discounts to customers who make multiple payments. This makes them an attractive solution for many small businesses; however, it is wise to double-check with your provider that they will only add additional charges.

EPOS Systems for Your Business

EPOS Systems are an efficient way to accept payments and manage your sales. Plus, they have features that make running your business smoother, such as analytics and employee management.

No matter the size of your business – from a small independent shop to an established enterprise – having an effective EPOS system is critical for success. To find the EPOS that best meets your needs and current challenges, it’s essential to take stock of what works for your situation.

Hardware Packages: You have a range of software and hardware solutions, such as tablet-based solutions that run on iPads or PCs. Plus, these come equipped with sturdy terminals, cash drawers and checkout touchscreens designed for busy environments.

Payment Integration: Your EPoS can be connected to a chip and pin reader, enabling contactless payments. This simplifies queue management and boosts transaction speed – leading to happier customers and higher profits in the long run.

Reduce Mistakes: An EPOS can automatically connect with your card machine and charge the correct amount for every transaction, eliminating human error. This saves time and can be a cost-effective solution for businesses.

Back Office: Your EPOS will collect sales data and convert it into valuable reports that provide insight into critical elements of your business, like cash flow. These reports can be filtered according to cash flow status, profit/loss performance, individual item performance and more for even deeper insight into vital areas like cash flow.

stripe card machines

Stripe Card Machines

Stripe card machines are point-of-sale (POS) devices that enable businesses to accept credit cards from customers in person. They come in various models, such as countertops and handheld readers that support chip cards, contactless payments, and mobile wallets like Apple Pay or Google Pay.

When selecting hardware for your business, several factors must be considered: how often you accept card payments in person and the types of transactions processed. If accepting recurring or subscription payments is part of your business, consider investing in a terminal to handle these requests.

Before making a purchase, it’s wise to consider your budget. Some terminals cost more than others, and you should compare their features to find one that best meets your requirements.
Security is another crucial consideration when selecting a card reader. Make sure it meets PCI-DSS level 1 and GDPR compliance, plus check that the company provides customer service if any questions arise.

For optimal convenience, the Stripe Terminal is the ideal terminal that can handle both online and in-person payments. It comes equipped with an EMV-certified card reader that supports both chip and swipe cards and contactless payment systems.

The only drawback to using Stripe as your terminal is that they require seven to 10 days for funds from sales to be transferred into your bank account. This may take too long if your cash flow is irregular. However, many processors offer next-day deposits or instant transfers at an additional fee.

merchant account providers

Merchant Accounts

Merchant accounts enable businesses to accept credit cards, debit cards and other electronic customer payments. They can be an excellent way to accelerate growth and boost revenues; however, they require some consideration. There are various types of merchant accounts available, so it’s essential that you select one that best fits your business needs.

Dedicated Merchant Account: A dedicated merchant account is a type of account where all credit card payment processing, hardware and support are done internally. This type of solution may be ideal for high-volume business owners who must process many daily transactions.

All-in-one merchant account: An all-in-one merchant account, also called a payment facilitator service (PF), is often the ideal solution for many small and medium-sized businesses that want to process credit card transactions but don’t require their dedicated merchant account. This type of account is more cost-effective than traditional merchant accounts and is ideal for startups or businesses with minimal transaction volume.

Tiered Pricing: Tiered pricing is the most common pricing model merchant account providers use. This scheme breaks transactions into three categories: qualified, mid-qualified and non-qualified. Qualified usually offers the most advantageous rate, while mid-qualified and non-qualified may cost the provider more in interchange fees. While this can confuse consumers, remember that qualified rates offer more significant savings while non-qualified transactions often incur more costs from providers due to higher interchange fees.

ACH: An ACH is a payment processing method that enables you to direct funds from your customer’s bank account instead of using an intermediary card processor. This saves money in transaction fees and may be especially helpful for small businesses unable to accept credit cards due to high security or other issues.

Mobile Payment: Mobile payment is a quick and secure form of payment that enables your customer to make purchases using their phone or tablet. This can be an ideal alternative to cash registers or physical checkout counters, saving time and effort.

Recurring Billing System: Recurring billing systems are ideal for businesses that offer repeat services like landscaping or classes. Not only does this increase revenue, but it makes life simpler for customers by automating charges to their credit or debit cards regularly.

Business license: A business license is typically necessary for opening a merchant account, and this legal document validates your business operations. Banks typically check a copy of this license before approving your application.

Payment Gateway: A payment gateway is a software program that links your customer’s bank or another payment method to your merchant account, speeding up online transactions. While this can benefit some e-commerce sites, some may need help with slow processing times.

Card payment machine providers

Card Payment Machines Pricing and Fees

Card machine pricing starts from 0.4% of the transaction cost and can be as high as 2.99% depending on which card payment machine provider you choose.

Charges also can vary based on the type of card the customer uses. For example, credit cards, corporate cards and rewards cards have a higher fee per payment than debit cards.

Card machine fees can be higher when customers pay online, due to the bigger chance of fraud and fees are usually higher for international cards because of the extra processing and exchanges. Because of these factors, businesses frequently choose the most common and low-fee cards to accept, and customers will only be able to use cards within these bounds.

card payment machines for small business

Card Payment Machines Payment types

There are various credit card machine types including:

– Wired Payment Card Machine Terminals
– Smart Card Machine Terminals
– Mobile Card Machine Terminals
– Integrated POS Card Machine Terminals
– Virtual Card Machine Terminals

In-person Payment Card Payment Machines

In-person payment is when customers make purchases whilst they are physically in the store with their debit or credit card. This is the opposite of virtual payments.

Traditional Card Machines (POS)

One of the most common and secure ways to pay is using a traditional card machine. This is where you scan the products your customers wish to purchase, or manually choose which services they require. Once the total is added up, customers insert their card into the machine, enter their PIN, and wait for the transaction to be accepted by the card network. Otherwise known as point-of-sale (POS), this method uses a hardware system such as a card reader to gather the details of the transaction.

If you are a business that primarily works in-store, this is the best option as the majority of your customers are paying in person. Examples of this could include a local market, retail store or bookshop. This is especially useful for small businesses that work in-store and have not yet expanded their online presence. Nevertheless, traditional card machines are essential in stores.

Whether you are a large or small business, traditional card machines are the most reliable way for customers to pay. They have been around for longer than the modern payment types, which makes them popular with both young and old generations. Additionally, they often come at a lower tax because the chances of fraud are minimised when a customer is paying in person, and entering their PIN also. Hence, the process is safer.

As mentioned above, it is worth noting that credit cards have a higher fee than other cards. If you are worried about the higher charges, it is easier to explain why a card transaction won’t go through if they are right in front of you.

Tap-and-Pay (Contactless)

Undoubtedly the most popular card payment machine is smart terminals which are ‘contactless.’ Essentially this means that after their total is calculated, customers can simply tap their card on the screen and pay this way, instead of entering their PIN. This works by using radio frequency identification technology which senses the signal from the chip of the card, more specifically the card serial number, and simultaneously the card recognises the terminal. Subsequently, the card details are transferred without PIN verification and only using one-way authentication.

An innovative way to use this type of card machine is via smartphone. This has become popular amongst the population because instead of taking your card everywhere you go, you can instead use services like Apple Pay or Samsung Pay. Because everyone takes their phone with them when they leave the house, this is a more convenient way to pay, especially if a customer has forgotten their wallet at home. This is more likely than leaving their mobile phone.

The obvious advantage of tap-and-pay is that transactions can be made quickly and easily. Instead of requiring a PIN, which takes up more time and can be forgotten or mistaken, payments can be made by tapping your card. This is more convenient for customers who prioritise the accessibility of this. Additionally, if you work in a fast-paced environment, the few second’s difference can add up and customers will be much more pleased with the service. Another less-recognised advantage of tap-and-pay is that they read the card serial number and not the magnetic stripe. This means that if a card is broken, it does not need to be inserted into the machine and can be read in an alternative way.

There are, however, drawbacks to contactless. For one, it is easier to commit fraud. To reflect this risk, the transaction fee may be greater. Furthermore, not all cards have the option to be used as contactless, which can hinder their accessibility. They also include a limit on how much can be spent, which is £100 for the UK. Overall, this card payment machine is used worldwide, therefore in combination with a traditional card machine offers the most common modes of transaction communication.

QR Code 

QR codes are a form of barcode which can be read by smartphones to browse your company website or to make purchases. Although these codes have been around for a long time, they initially became popular when keeping distance was encouraged and payments were made without contact. Nevertheless, they are just as useful now. Many people admire them because there is no need for employee interaction, and customers can simply scan the code on their camera or via an app, which will allow them to pay using the bank details on their phones.

The QR code can be given in many formats. For example, if you are a restaurant owner, you could print the unique codes on each receipt and have customers pay this way. On the other hand, specific codes linked to a corresponding product can be displayed throughout the store and customers can scan what they wish to purchase.

Although QR codes are not the most prominent way to make card payments, they are resourceful and work in several situations. Whilst they are not a comprehensive payment method on their own, they are great when used in conjunction with other methods.  

credit card payment machine

Virtual Payment Card Payment Machines

Virtual payments are made by the customer remotely. Often, they do not require an employee to wait for authorization from the lender but instead are between the customer and merchant. Even when they do require an employee, for example over the phone, they are more convenient because they can be made from any place. Online shopping revenue alone accounts for almost 30% of total business revenue, which proves just how valuable this payment type is.

Online Payment

As we mentioned above, online payment is becoming increasingly popular. Customers love the fact that they can make purchases from the comfort of their own homes, where they feel relaxed and can take their time browsing through products and services. Customers are more likely to overspend when online shopping because of this.

The card payment process when shopping online is relatively simple. Customers simply choose which products or services they need, state the quantity, and if applicable the size. After this, they can click the link to the virtual checkout. Here, they will need to manually enter their card information such as the 16-digit card number, expiry date, CVV code and name of the cardholder as written on the card. On the other hand, they can use the wallet stored on their phone. They will also need to enter their address and other additional details which may be required. The merchant can then approve this, and the order is complete. In most cases, a digit receipt is sent to their email with a reference number to make this process trackable and therefore more secure if problems do arise.

Over-The-Phone Card Payment

Over-the-phone card payment is essentially an exchange between employee and customer. The customer gives the details of their bank card such as full name, 16-digit card number, expiry date, CVV code and billing address. Consequently, the employee enters this information into their terminal and waits for confirmation to finalise this order.

Whilst this is not the most conventional way to make online payments, it is targeted at a certain group of people that prefer it. For example, the older generation may not completely aware of how to make online payments if your business is solely online. Also, if the store is far away, it may be difficult for them to visit. This way, they can make secure card payments in the most suitable way possible.

Types of Card Payment Machines 

Depending on the type of business you operate, a different card payment machine may be most useful to make more transactions more efficient.

The most widely-used card machines are countertop devices. These terminals are wired and used in a fixed area such as a till, desk or counter. Businesses which could benefit from these card payment machines include those where employees are required to stay stationery and customers are the ones to come to them. This could include businesses involved in retail, accounting, hairdressing and makeup artists, interior designers, hotels and more. It is useful to have these machines in a designated place so that customers are aware of where to pay.

On the other hand, portable machines include the same terminal but come with the advantage of being wireless. They can therefore be taken with employees wherever they go, ideal for workers that remain mobile throughout the day. Examples of these include businesses involved in the food industry.

Services Offered by the Merchants

When you have deliberated and decided on which card payment machines you think will suit your business best, you must find a merchant that offers a domain which features them all. So which aspects should you consider?

The first thing to consider is the price of the card machine hardware. Whilst some of the traditional countertop devices are cheaper, portal readers may be more useful and worth the more expensive price. Some merchants even allow companies to rent devices and pay each month instead of buying them whole. If you are expanding your business this might be a worthwhile investment, especially if you need many machines.

Another important aspect to consider is the price of the fees. Transaction fees can range from 2% to 5%, varying with different merchants therefore it is vital to note which rates are the lowest. Card-not-present fees (CNP) are higher because making a transaction where the card is not physically present is riskier for the merchant. Authorisation fees are usually 1-7p and are dependent on the volume of transactions made, not the expense of the transaction.

If you are a medium-sized business looking to expand, it may be worthwhile to consider a merchant that charges low rates on international cards. The majority of card payment transactions charge high prices for these, whereas some merchants focus on specifically making this more affordable. Therefore, if expanding globally is a potential idea, this could save a lot of money.

Lastly, ensure the services you are interested in are available. Whether this is contactless payment, mobile payment, digital receipts or long battery life, these factors should all be compared. Often merchants have set bundles, but add-ons can be included as extra to create a comprehensive package. After all, no two businesses are the same.

best card payment machine

Card Payment Machines Advantages

Card payment machines are beneficial in several ways, not only because they are innovative and simple to use.

Because card payment machines use advanced technology, they can keep a digital receipt of every transaction made. This is usually stored on an internet-based server which can have a large memory and can keep receipts dating years. A benefit of this is that the system can track which customers have spent the most money or made the most frequent purchases, and use this information to reward them. Building customer loyalty is incredibly important within a business because it helps to ensure ties to the community as well as create a successful customer relationship. Overall, keeping these receipts can help businesses decide which customers to give special discounts to thank them for their business. In addition, card payment machines track which products are bought or which services are used. As a result, a pattern can be established which illustrates which products customers buy repeatedly, and offer them suitable discounts in return. This is much harder to do using a paper trail, and is incredibly inconvenient to store!

By having a variety of different card payment machines, your chances of increasing business revenue are increased. This is because customers are more likely to be able to pay using the method that works best for them, and therefore a larger client base can be established. For example, most people prefer to pay contactless because it is a lightweight and convenient solution for them. On the other hand, some customers may possess cards which aren’t contactless, in which case you would need a traditional card reader. Those who prefer online shopping would rather use the online domain, and some find it easier to pay over the phone. All in all, having more of these options helps to include the preferences of the customer. It is useful to add that customers spend more money when paying by card in comparison to paying with cash.

Similar to the distribution of loyalty programs, using analytics can aid a company in improving through the use of establishing patterns with the recorded data. This could be beneficial because it is easier to see which products are doing better than others, and could help with inventory. In addition, some services may sell better in certain seasons, and figuring out this pattern may be useful in advertising. This way you could also ensure you have sufficient staffing as well as the products at hand. Another advantage of having this recorded data is that you can find it much easier than you would with paper receipts. They take up more storage and are more difficult to comb through, whereas specific digital receipts can be found much easier through a platform.

Without a doubt, card payment machines improve customer satisfaction. As they are much faster than counting cash and calculating change, customers can complete transactions more quickly than before. Customers can even purchase from their own homes. This helps your business become more popular and encourages potentially new clients to check out your services due to better accessibility. In addition, using modern card payment machines can help your business appear more trustworthy as you are aware of new technologies and take development seriously. This contemporary approach will gain you clients who are searching for security.

Card payment machines ensure security within a business. They are all encrypted, meaning that the data is much less likely to be hacked or used by hackers. Especially when online shopping, there are many steps taken to ensure that the card is being used by its rightful cardholder, making the process safer. This includes the card billing address, which is not included on the actual card. Many businesses may add that using a card is also better for protection in terms of theft. Having less cash on the premises reduces the chance of break-ins, as the majority of the money is handled electronically.

best card payment machines

Card Payment Machines Conclusion

We can conclude that card payment machines are a vital part of helping a business thrive and expand. Not only is there a variety of machines to choose from, but there are many different ways in which customers can use them. There are both countertop and portable devices for stores with manual entry or contactless, as well as QR codes and online shopping. The needs of every business differ, therefore choosing which card payment machine works best will depend on the size of the company and the types of service offered. Nevertheless, every business can benefit from a card payment machine.

James Ward
( CEO & Founder )

James Ward is CEO & Founder of CompareYourBusinessCosts.co.uk, a website that won ‘Website Of The Year’ on its second year of operations in 2015 and his since grown organically to offer comparisons on all business services such as Insurance, Energy, Telecoms, Card machines and much more.

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