Card payment machines are a must-have for small businesses to give customers more flexible payment options and to boost revenue. But it’s important to assess your business needs and consider costs before choosing a machine for card payments. This article will help you make an informed decision by comparing the prices of different models, highlighting any additional hardware accessories that may be useful, and showing you how to get the best deal on your equipment.
There are a wide range of different card machines for small business on the market, with models available from leading manufacturers like Verifone, Ingenico and Smartpay Anywhere. Alternatively, you can choose to use a card machine offered by a merchant services provider like SimplyPayMe. These tend to offer a cheaper upfront investment and more competitive monthly hardware costs, as well as bespoke transaction rates for each business.
You’ll also want to consider the features and functionality of your card payment machine, deciding whether you need a printer, if it has a barcode scanner or labeller and other add-ons. You should also think about connectivity, particularly if you intend to connect it to your point of sale (POS) system or online sales platform.
Some brands, such as the myPOS Go and myPOS Carbon, are portable so you can take your card reader on the road with you to trade at events or pop-up shops. Others, like Worldpay from FIS, are better suited to larger retail businesses, but can still be used by small businesses with a high turnover. card machines for small business