Accept Visa, Mastercard and American Express all for one low rate.Square lets you take chip and PIN cards, contactless cards, and other mobile payments like Apple Pay and Google Pay.It was co-founded by Jack Dorsey who also co-founded Twitter and currently handles over £84 billion ($112 USD Billion) worth of payments globally each year.īelow we look at the costs along with some of the pros and cons of using the Square Reader to handle your payments. Although they’re still relatively new in the UK, they have quickly become the second most popular option among small businesses searching online. Square is an American company and is the largest provider of mobile credit card machines and readers in the world. Therefore, while you should definitely have a look at all the companies below, you should also consider comparing card reader companies using our form at the top of the page as well.įor more about what each companies offers in greater detail have a look at our full company profiles below. But the trade-off is that they often charge higher fees compared to dedicated payment processing companies, usually do not offer the full flexibility of accepting card payments online or over the phone and may not look quite as professional as dedicated PDQ machines. These card readers can be great for small businesses just getting started. * Prices exclude VAT and are accurate as of March 2023. The table below compares the companies on their key features: Need more information? Then keep reading for a detailed breakdown of each option: They will offer you lower rates than the companies below for businesses that process £10k a month or more in card payments. Dojo Go offers bespoke rates to businesses processing over £150k a year.īut your best bet is to click and get quotes from our partners. You can buy it directly on the Square website.Ĭheapest Transaction Fees: This will depend on your business type and monthly revenue. No need for a dedicated merchant account or expensive rental contract or any of the other hassles that come from more traditional payment processing companies.Ĭheapest card payment machine: The Square Reader is currently the cheapest on the market at just £16 + VAT. The 11 mobile credit card machines listed below make it easier than ever for UK small businesses to accept card payments almost anywhere.
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