5 Cheapest Card Payment Machines For Small Businesses 

Are you a small business owner looking for a cost-effective way to process card payments? If so, you’re in luck! In this blog post, we’ll discuss five of the cheapest card payment machines on the market. We’ll also provide tips on how to choose the right machine for your business. So, whether you’re just starting out or you’re looking for an upgrade, read on for some helpful advice. 

Why You Should Have a Card Payment Machine 

There are many reasons why you should consider investing in a card payment machine. First and foremost, customers, today expect to be able to pay by card. In fact, studies show that customers are more likely to spend more money when they can use a credit or debit card. Therefore, having a card payment machine will not only make it easier for your customers to pay, but it could also boost your sales. In addition, card payment machine for small business can help you to streamline your accounting and reduce your administrative costs. 

Choosing the Right Machine for Your Business 

When choosing a card payment machine, there are several factors you need to consider. 

Type of Machine 

First, think about what type of machine best suits your business. There are two main types of machines: countertop and portable. Depending on your needs, one type may be more suitable than the other. 

Cost 

Of course, cost is another important factor to consider. When comparing prices, it’s important to look at the total cost of ownership (TCO). This includes the upfront cost of the machine, as well as any ongoing costs such as transaction fees. Some providers also charge monthly or annual fees, so be sure to factor this into your calculations. 

Features 

Another thing to consider is the features offered by each machine. Some machines are very basic, while others come with a range of advanced features. Think about which features are most important to your business and look for a machine that offers them. 

The 5 Cheapest Card Payment Machines 

Now that we’ve covered some of the basics, let’s take a look at five of the cheapest card payment machines on the market. 

Barclaycard Anywhere 

Features: 

  • No monthly fees 
  • Application normally only takes 15 minutes 
  • Accept Visa and MasterCard (not Amex) 
  • Contactless cards accepted 
  • Android and iPhone app 
  • Helps protect you against fraud with proactive security and advanced card verification services 
  • App lets you track payments on the move and in real-time 

Barclaycard Anywhere is a great choice for small businesses that need a cost-effective and easy-to-use card payment solution. The upfront cost is very reasonable and there are no ongoing monthly fees. In addition, the machine is very easy to set up and use. 

The reader cost is £29.00 + VAT and the transaction fees are 1.60% for debit and credit cards (75p per refund). It accepts Visa and MasterCard (not Amex), as well as contactless cards. The app is available for both Android and iPhone and can help you track payments on the move. 

PayPal Here 

PayPal Here is also a great choice for small businesses. It has very reasonable transaction fees and no monthly charges. In addition, it’s easy to set up and use. The machine accepts all major credit and debit cards, as well as contactless payments such as Apple Pay and Android Pay. This is a great option if you use PayPal for other purposes as well, as it integrates seamlessly with the PayPal platform. 

The reader cost is £45 + VAT, and the transaction fees are 2.75% – 1.00% depending on your transaction volume. There is also a UK-based customer support team that you can contact by email, phone or within the PayPal Here app. 

Zettle 

Another great choice for small businesses is Zettle. It has reasonable transaction fees and no monthly charges. The machine is very easy to set up and use, and it accepts all major credit and debit cards, as well as contactless payments such as Apple Pay and Android Pay. 

One of the key features of Zettle is that it works via Bluetooth with your smartphone or tablet. This makes it very easy to use, as you don’t need to carry around an extra device. The machine is also very portable and can be used for up to 8 hours on a single charge. 

Zettle costs £19 + VAT and the transaction fees are 1.75% per transaction for credit and debit cards. Money is deposited into your account within 1-2 business days. There is also a 12-month warranty on the machine. 

Square Reader 

If you’re looking for a chip and PIN machine that also supports contactless payments such as Apple Pay and Android Pay, then the Square Reader is a great choice. It connects wirelessly to your iOS or Android device and works with the free Square app. This app lets you track payments, invoices and inventory, as well as send invoices from your mobile device or laptop. 

The chip and PIN reader costs £19 + VAT and the transaction fees are 1.75% per transaction for Visa, Mastercard and American Express credit or debit cards. For other types of transactions, the fee is 2.5%. Money is deposited into your account within 1-2 business days. 

SumUp 

SumUp is another great choice for small businesses that need an easy and cost-effective way to take card payments. The machine is very easy to set up and use, and there are no monthly fees. In addition, the machine accepts all major credit and debit cards, as well as contactless payments such as Apple Pay and Android Pay. 

The chip and PIN reader costs £29 + VAT and the transaction fees are 1.69% per transaction for credit and debit cards. Money is deposited into your account every 2-3 days. There is also a 30 day money back guarantee, so you can try SumUp with no risk. 

Final Thoughts 

There are a number of great card payment machines on the market that are perfect for small businesses. If you’re looking for a cost-effective and easy-to-use machine, then any of the options on this list would be a great choice. Do you have experience with any of these machines? Let us know in the comments below.