Payment Machine For Small Business | Start & Scale Your Small Business

Last Updated on: 7th April 2022, 11:39 pm

Do you have a small business? Do you need a payment machine for small business to help process your transactions? If so, then you’re in luck! Many small businesses are starting to embrace the use of payment machines. The benefits of using a payment machine include speed and accuracy. Speed is important when it comes to processing transactions.

A payment machine can usually process transactions within minutes, which is greatly appreciated by small businesses. Accuracy is also important when it comes to processing payments. A payment machine can usually handle more transactions than a human can, which means that your transactions will be processed correctly and quickly.

How Do I Choose The Right Payment Machine For Small Business?

There are a few things to consider when choosing the right payment machine for small business.

Size Of The Machine

  • The first is the size of the machine. A small business should be able to fit on a small budget, so a machine that is smaller and easier to use will be more affordable.
  • Additionally, it’s important to choose a machine that is compatible with your business’s bank account. This will ensure that your transactions are processed quickly and accurately.

Type Of Payment

  • Next, you need to decide which type of payment you want to use. There are three main types of payments: cash, check, or credit card. You can use any of these types of payments for your transactions.
  • If you’re using cash, then you need to make sure that the machine can handle large sums of money. Check transactions can be processed more quickly than credit card transactions, but they can also be more expensive.
  • Finally, if you’re using check transactions, make sure that the check maker can handle large checks.

How Can I Make Sure My Transactions Are Processed Correctly?

There are a few things that you need to do in order to use a payment machine for small business.

  • First, you’ll need to create an account with the payment machine company. Then, you’ll need to set up your transactions and settings.
  • Next, you’ll need to create a payment plan.
  • Finally, you’ll want to ensure that your business is compatible with the payment machine.

There are a few things that you can do to ensure that your transactions are processed correctly.

  • First, make sure that you have the correct information when you start the payment machine. This may include your business name, business address, and other important information.
  • Next, ensure that you have the correct funds available. If you don’t have any money available, make sure to ask the payment machine for help processing your transaction.
  • Finally, be sure to check your payment methods and make sure that they are compatible with the payment machine. This will ensure that your transactions are processed correctly and quickly.

Payment Machine For Small Business

payment machine for small business
payment machine for small business
  1. SumUp Air
  2. Zettle Reader 2
  3. Square Reader

The options for card payment machines

These card payment machines are great for small businesses and offer great features and competitive fees.

SumUp Aircard Reader

Cost of the devicePS29 (PS39 with charging Dock) (excl. VAT)
Transaction fee1.69%
CNP fee2.5%
The key features* 500 transactions per charge* Contactless, Chip & Pin* Payments are settled within 2-3 business days* Accepts all major types of payment including Google and Apple Pay, Amex, Diners Club, and Diners Club as well as contactless.* SMS and email receipts

This stylish, lightweight payment machine for small business is a popular choice because of its simplicity and practicality.

It is easy to set it up and use. To accept contactless, Chip & pin, and mobile payments from all the major providers, you only need to pair your device with your smartphone. This takes just minutes.

The SumUpAir can be used anywhere that has Wifi or data coverage. It can also process 500 transactions per charge, making it one of the most reliable battery-operating devices on the market.

Zettle Reader 2

Cost of the devicePS29 + VAT (charging dock PS39)
Transaction fee1.75%
CNP fee2.5%
The key features* Battery life of 8 hours (100 transactions).* Accepts all major types of payment including Google and Apple Pay, Amex, Diners Club, and Diners Club as well as contactless.* Payments are settled within 1-2 business days* SMS and email receipts
  • Zettle Reader 2 (only 130g) is another lightweight device you can pair with an Android or Apple smartphone. You can then get started in minutes.

It can accept all major credit and debit card payment types. The battery lasts around eight hours and is not as long as SumUp’s 500.

The Zettle Reader2 is a security-focused payment machine for small business that really sets itself apart. Zettle claims to be the most secure card reader on the market. It adheres to all industry standards and is fully encrypted using HSMs cryptographic servers.

Zettle’s transaction coverage covers you for up to PS250 per month in chargebacks if you spot a suspicious charge.

  • Like SumUp Air there are no monthly fees. You just pay a flat fee per transaction. However, at 1.75% this is slightly more than its competitor.
  • Also, remember that the PS29 price advertised is only for your first customer as a new reader. You will pay PS59 for any additional devices. You can purchase the charging dock separately for PS39 + VAT.

Square Reader

Cost of the devicePS16 + VAT
Transaction fee1.75%
CNP fee2.5%
The key features* All-day battery* Weighs just 56g* Funds will be deposited within the next business day

The Square Reader payment machine for small business is simple, sleek, and very affordable. The square-shaped device is much cheaper than other options, at just PS16.

  • It’s also very light at 56g. It’s easy to sync to your smartphone via bluetooth to start selling. Square’s app is free and allows you to monitor and manage your sales. All funds will be deposited within the next working day.
  • Square also offers a wide range of payment kits that can be purchased to complete a POS setup, including registers, terminals, hardware, and accessories.
  • Transaction fees of 1.75% are not the lowest but it’s hard to find an easier and more cost-effective way for you to begin taking payments.

Don’t Miss this: