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Best Card Machines For Your Small Business

Business Advice | 5 November 2022 | 1 year ago

There are a lot of card machine options for your small business, and knowing which is the right one for you can be confusing. Below, we have compared some of the most popular options.

Compare Small Business Credit Card Machines

SumUp

SumUp is good for small businesses as there are no monthly minimums and the hardware is inexpensive, so there is no need to worry about a credit card machine eating up a chunk of your budget. There are also no long term contracts or early termination fees, meaning you aren’t tied into using SumUp for a specific amount of time. If you change the way you handle credit card payments, you don’t need to worry about paying a fee to leave SumUp. However, SumUp is somewhat simple when compared to other credit card machines, and it doesn’t accept high risk merchants.

There are no monthly costs to use SumUp, just a 1.69% transaction fee and the cost of your chosen device.

Square

Square is simple and easy to use, making it extremely user friendly. There are no monthly fees, no annual fees, and no need to tie yourself into a contract. Square also provides free swipe card readers and a free POS app, so you can really make the most of the machine without breaking the bank. With Square, you can accept payments offline, which not all small business credit card machines are capable of.

Square has a fixed fee of 1.75% per chip and pin or contactless payment, regardless of the card that is being used.

Takepayment

Takepayment has short contract options and all of the fees, packages and plans are tailored to you. This makes it simple to find a package that works for your business and budget. With Takepayment, there is a focus on service, and all payments are settled the next day at no additional cost. However, compared to some other small business card machines, the setup fee for Takepayment is more expensive. It also has limited POS integration opportunities.

There are two Takepayment subscriptions available, one is £7.50 monthly and the other is £25 monthly. On top of this, there is a £150 setup fee for some plans.

Zettle

Zettle is simple and straightforward to use, and setup only takes a few minutes. As a small business, it’s very easy to get up and running on the system. There is also the option to manage repeat payments, which is perfect for businesses with small product lists. The Zettle card machine itself is portable and payments can be processed anywhere that you have a signal, and from any credit card company. One of the downsides of Zettle is that payments take a while to settle, even up to two or three days.

There are no monthly fees with Zettle, but there is a cost of 2.5% per sale.

Dojo

There are monthly payment plans with Dojo and payment payouts are made the next day, which is helpful for small businesses who need to ensure cash flow remains strong. Dojo will also buy you out of your existing card machine contract if needed. The POS terminal is simple, efficient and has all of the vital card machine features. The main downside of Dojo is the monthly fee is only worth it if you have enough sales, otherwise you might be paying more than you can afford.

If your turnover is under £150,000, Dojo charges 1.4% on each transaction. There is also a £20 cost per month for each terminal.

Worldpay

Worldpay is very popular and with good reason; there are a tonne of payment options, the payment processor is efficient and the card machines are reliable. There’s also 24/7 customer support for small businesses, which is helpful if you run into a problem and need a solution fast. You can also take remote payments using Worldpay. However, Worldpay does have a contract length of 18 months, which is a lot longer than many of the other small business card machines.

There are no setup fees with the simple Worldpay contract, but there is a fee of 1.5% per transaction. You will also need to pay more for reporting, analytics and to hire the machine.

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