Lowpay Card Reader: The Ultimate Guide
Lopay card reader is designed for small businesses, sole traders, or individuals accepting in-person payments. Customers can conveniently make payments using Chip and PIN or contactless methods with their debit or credit cards, or through Google Pay or Apple Pay.
Lopay has been regarded by users as very straightforward and easy to use, offering rates that are less than half the price of Square, SumUp, and Zettle.
The Lopay Card Reader is a portable credit card reader designed for businesses to accept payments while on the move, utilising their smartphone or tablet. Here are its key features:
Payment versatility: Supports chip and PIN, contactless, and magstripe payments.
Integration with Lopay app: Links seamlessly to the Lopay app on your mobile device via Bluetooth.
Competitive transaction fees: Offers a flat transaction fee of 0.79%, which is lower compared to many competitors.
Expedited payouts: Funds are deposited directly into your bank account within 24 hours.
Flexible subscription options: Choose between pay-as-you-go or monthly subscription plans.
Additional functionalities: Allows for adding tips, managing team members, and generating comprehensive income reports.
Portable and convenient: Accept payments anywhere with an internet connection.
Cost-effective: Enjoy lower transaction fees compared to many other mobile card readers.
User-friendly: The app is easy to navigate, making payment processing simple.
Fast payouts: Receive your money quickly without waiting for traditional processing times.
Secure: Utilises chip and PIN technology and PCI-compliant encryption for secure transactions.
For further information and pricing on card machines click
However, there are some limitations we have found with the Lopay card readers which are:
Restricted availability: Presently accessible solely in the UK and Ireland.
Smartphone dependency: A compatible device is necessary for reader usage.
Internet connection needed: Transactions mandate an active internet connection on your device.
Not much customer feedback: Being a relatively recent product, there is a scarcity of customer reviews compared to established brands.
Our Thoughts on the Lopay Card Reader & System
Our immediate thoughts on the Lopay card reader is the significantly lower cost to it’s competitors, making it perfect for new and small business owners, as well as SME’s. It has many integrations making it flexible to your business, which users can utulise to suit their business needs.
We love the new addition of the Lopay Rewards Card that enables merchants to access their funds instantly for a nominal fee, while also earning rewards with every use. A noteworthy feature is that 25% of all their expenditure is credited back into their account through transactions with zero fees.
The reviews speak for themselves, from taxi drivers to plumbers, dog groomers to cafe owners – Lopay has exceptionally glowing reviews thanks to it’s low fees, functions and integrations. The biggest downside seems to be the amount of time it takes for the software to download/update (around 10 minutes), but with an 81% 5* rating on Trustpilot, users don’t seem to mind this too much. As you can sere below, they have a very high Trustpilot score compared to many other companies in the industry.
Although they are a relatively new company (2021), they have promising reviews (which you can see below) and features, making them a noteworthy competitor to the existing market.
These readers allow you to facilitate deeper insights and collaboration amongst teams throughout the organisation
They can help support business growth without the need for additional staffing
They are much cheaper than competitors
Lopay Card Reader Costs
With Lopay, as long as you’re comfortable receiving payments weekly, you’ll only pay
0.79%. However, if you prefer quicker access to your funds, you can opt for next day payouts at 0.99% or instant payouts at 1.79%.
Lopay Pricing Options
Timeframe Instant – Get paid instantly, even on weekends and bank holidays
Next Day – Get paid the next business day, M-F
Weekly – Get paid every Thursday
Monthly Charges 0
Additional charges include:
+1% for American Express, corporate, and international payments.
+0.25% (£0.03 minimum fee) for Point of Sale payments.
+0.49% for payment links.
+0.69% for subscriptions.
Silicone Bumper Case for WisePad 3 Card Reader
Wisepad3 Card Reader
Box Mount for WisePad 3 Card Reader
A Handy Youtube Guide About Lopay Setup
Lopay Card Reader FAQS
Can I use Lopay for my business?
Lopay cater to various businesses, ranging from sole traders to clubs, charities, and companies, offering the flexibility to accept payments anytime. However, Lopay cannot be used for transactions involving products or services prohibited by the credit card network or violating laws in the countries where Lopay operates.
How much will Lopay cost me?
They apply a flat transaction fee, and you have the flexibility to choose when you receive your funds:
0.79%* for Weekly payouts (processed every Thursday)
0.99%* for Next Day payouts (next business day, Monday to Friday)
1.79%* for Instant payouts (immediate, even on weekends & holidays)
Rates are applicable to UK Visa & Mastercard payments. American Express, corporate & international card payments incur an additional +1% due to higher associated network fees.
The minimum payout is £1 (or £10 for Instant payouts). Your first card reader is complimentary if you transact £2,500 within the initial 6 months. (Postage & Packaging applies.) They also levy an extra fee of +0.25% (£0.03 minimum fee) for payments via the Point of Sale, +0.49% for payment links, and +0.69% for subscriptions. There are no monthly charges or minimum term commitments.
Is it easy to sign up to Lopay? What Support is there once signed up?
Reach out to them anytime through the chat icon in the app or access their comprehensive step-by-step guides and FAQs in our Support Centre. You can also contact them directly via email at
firstname.lastname@example.org or give them a call at 020 4571 4796.
Lopay Card Reader – Find out more about card machines here.
Lopay Card Reader – Other Useful links about card machines:
Process Data Quickly Machines: What Are They and Why Does Your Business Need Them in 2023?
Remote Card Readers: Useful Benefits in 2023
Countertop Card Readers: A Handy Guide For Restaurants
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