Affordable Payment Terminal With No Monthly Fees: Payment Methods for Small Businesses
Affordable Payment Terminal With No Monthly Fees: Payment Methods for Small Businesses
Small businesses need simple, flexible ways to get paid.
Today, customers expect to pay in different ways, whether that’s tapping a card, paying online, or sending money through a payment link.
That’s why Lopay offers multiple payment methods, including an affordable payment terminal with no monthly fees, so you can choose what works best for your business.
Below is a quick guide to the main ways you can take payments using Lopay.
Card Reader: A Simple Payment Terminal for In-Person Payments
If you take payments face-to-face, a card reader is one of the easiest and most reliable options.
The Lopay WisePad 3 card reader is designed for small businesses that want a portable and affordable payment terminal.
With the reader, your customers can pay using:
- Contactless cards
- Apple Pay or Google Pay
- Chip and PIN cards
It connects to the Lopay app via Bluetooth and allows you to take payments wherever you work.
Key benefits include:
- Low transaction rates from 0.79%
- No monthly terminal rental
- Portable design for mobile businesses
- Built-in tipping prompts to encourage gratuities
The card reader currently costs £24 + P&P and typically arrives within 2–3 business days.
This makes it a practical choice for businesses looking for an affordable payment terminal with no monthly fees.
Tap to Pay: Turn Your Phone Into a Card Reader
If you want to accept contactless payments without extra hardware, Tap to Pay is another option.
Tap to Pay lets you turn your smartphone into a card reader, allowing customers to tap their card or phone directly on your device.
This works in the same way as a traditional payment terminal, but without needing a separate reader.
Tap to Pay is ideal for:
- Mobile businesses
- Trades and home services
- Market stalls and pop-ups
- Businesses just starting out
You simply open the Lopay app, enter the payment amount, and the customer taps their card or phone to pay.
Find out more about Tap to Pay.
Payment Links: Get Paid Remotely
Sometimes customers can’t pay in person.
That’s where payment links are useful.
With Lopay payment links, you can send a secure link to your customer via:
- Text message
- Any messaging platform you use
Your customer clicks the link and completes the payment online.
You can create:
- One-off payment links
- Fixed-amount links
- Donation links where customers choose the amount
Payment links are especially useful for:
- Taking deposits
- Sending invoices
- Collecting payments after completing a job
They give you a simple way to accept payments remotely without needing a website.
Find out more about payment links.
Point of Sale (POS): Manage Products and Checkout
If your business sells multiple products or services, a POS (Point of Sale) system can help speed up checkout.
With Lopay POS, you can:
- Add products or services to a digital product list
- Quickly tally items on a phone or tablet
- Send the final total to your card reader for payment
- Track sales and reports in one place
This helps you manage your sales while still using the same affordable Lopay payment system.
Find out more about Lopay POS.
Choosing the Right Payment Method for Your Business
The best payment method depends on how your business operates.
For example:
- Card readers work best for in-person payments
- Tap to Pay is great for mobile businesses
- Payment links allow remote payments
- POS systems help manage products and checkout
Many businesses combine several of these options so customers can pay in whichever way suits them.
A Flexible Payment Solution With No Monthly Fees
Lopay is designed to make payments easy and affordable for small businesses.
With Lopay you can:
- Accept card and contactless payments
- Send secure payment links
- Use Tap to Pay on your phone
- Manage sales with POS tools
- Use an affordable payment terminal with no monthly fees
This gives small businesses the flexibility to take payments anywhere, while keeping costs predictable.
