Looking for a mobile card reader for your business? Then you’ve come to the right place.
There are so many different solutions on the market, which means it is important to understand what mobile card reader will be right for your specific business needs.
If your company already accepts credit card payments or wants to accept credit card payments in the future then a mobile credit card machine could be a simpler, less expensive and more future-proofed solution than using your own bank or another financial provider’s standard PDQ machine.
Rather than using complicated fee structures, mobile readers tend to have much more transparent and easy-to-follow rates. They also utilise the latest mobile technology, for instance a tablet like an Apple iPad, which can also act as a POS system.
And they can be used anywhere, whether your business is based in a shop, on a market stall or out on the road.
So whatever sector your business operates in and however you want to accept credit card payments, read on for more details about five of the main mobile card readers in the UK: iZettle, PayPal Here, Worldpay Zinc, Square and SumUp.
|Reader Price||£25 + VAT||£45 (inc VAT)||£39.99 (inc VAT)||£39 + VAT||£29 + VAT|
|Debit / Credit Card Transaction Fees||2.75% falling to 1%||2.75% to as low as 1.5%||1.95% to 2.75%||1.75% to 2.5%||1.95%|
|Supported Cards||Visa, MasterCard, American Express, Maestro, Visa Electron, JCB, UnionPay, Diners Club International, Apple Pay, Android Pay, Samsung Pay, V Pay||Visa, MasterCard, American Express, Maestro, Apple Pay, Android Pay||Mastercard, Visa, Maestro||Visa, MasterCard, American Express, Maestro, Visa Electron or Vpay, Apple Pay, Android Pay||Visa, VPay, MasterCard, Maestro, American Express, Apple Pay, Android Pay|
|Operating Systems||Apple iOS and Android||Apple iOS and Android||Apple iOS and Android||Apple iOS and Android||Apple iOS and Android|
|Settlement Delay||2-3 days||Within seconds to a PayPal account||3-4 days||1-2 days||3 business days in most cases|
|Receipts||SMS, Email or Print||SMS, Email or Print||SMS, Email or Print||SMS, Email or Print||SMS, Email or Print|
* For this comparison we’re looking at the Payapl Here card reader and the Worldpay Zinc card reader.
It has an all-day battery life of eight hours and takes all major credit cards including JCB and Diners Club International.
Transactions can be made using Chip & Pin, Contactless and Magnetic Swipe. It is also compatible with Apple Pay, Android Pay and Samsung Pay.
Fees for using the iZettle mobile card reader start at 2.75% from the beginning of each month. The more card payments you make reduce the fee, dropping to 1% if a company takes more than £40,000 in a single month.
The whole 2.75% is taken on each transaction automatically with a retroactive rebate applied once the month is over, depending on the number of card payments made on the mobile card reader. The fee then resets to 2.75% at the start of the month once again.
- 2017 iZettle Review – UK Card Reader Fees & Pricing Compared
- Exclusive Discount Offer: Click here to get an iZettle Card Reader for only £25 + VAT!
The PayPal Here mobile card reader has a built-in chip reader and costs £45 including VAT until the end of May 2017. It has no monthly subscription fees.
PayPal Here works with all credit cards using contactless and swipe and also is compatible with Apple Pay and Android Pay.
It charges 2.75% of each contactless or chip transaction up to sales of £6000 per month. After that fees do reduce. There are higher charges for transactions made by magnetic swipe or manually entering card details.
After each transaction is completed using the PayPal Here mobile card reader, the money is made available within seconds to a PayPal account.
PayPal Here also has a UK-based customer service hotline and its app works as a POS system to manage inventory and sales. It also allows 200 different people to be connected to the same account, with their own unique password and levels of permissions.
Worldpay Zinc is Worldpay’s basic mobile card reader and should not be confused with their more traditional readers.
Their Chip & PIN Keypad only costs £39.99 (incl VAT) which makes it among the cheaper options on the market. They also offer fees as low as 1.95%, although their standard rates are 2.75%.
Worldpay is the leading merchant account provider in the UK so you can be confident your funds will be secure. However, their reader does not offer all of the functionality of some of the other models here.
Square Card Reader
The Square mobile card reader is made by Square Inc, a company launched by Twitter’s co-founder Jack Dorsey.
The Square mobile card reader plugs into both iOS and Android devices.
Square has various hardware products. The Square Magstripe reader alongside the standalone contactless and chip reader is compatible with Apple Pay and the main plug-in Square Chip Card Reader for iOS and Android.
Square charges a flat fee of 1.75% per transaction swipe and credits a company’s account within 1-2 business days. If card details are entered manually then it charges 2.5% per transaction.
In the UK, the company has made available its free Point of Sale software from the App Store or Google Play to help businesses of all shapes and sizes to monitor stock, receipts and sales.
The SumUp Air mobile card reader costs £59+VAT and works with contactless transactions, Chip & Pin or Magnetic Stripe. It is also compatible with Apple Pay.
There are no monthly costs and a flat fee charged of 1.95%, whatever the transaction method. Payments are processed to the company’s bank within three to five days.
The SumUp Air reader can also send digital receipts directly to a customer using an email or text message. It has a rechargeable battery that lasts for more than 500 transactions.
SumUp also offers a Point of Sale software system as an upgrade that covers book-keeping, employee management, inventory tracking and sales reports.
- 2017 SumUp Review – UK Card Reader Fees & Pricing Compared
- Click here to get a SumUp Reader for only £29 (+VAT)
Note: We have partnership agreements with iZettle, SumUp, and Worldpay. They each pay us a commission if you sign-up and start using their services. We genuinely think they offer great mobile credit card machines and processing solutions for UK small business, but we leave the final judgement up to you.