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Our best card payment machines for small businesses

Find a card payment machine for your businesses

Find an affordable card payment solution to let your customers pay the way they want to

Our best card payment machines

See costs and fees from our top card payment machines at a glance
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Last updated
November 12th, 2024

What is a card payment machine?

A card payment machine is a device that allows you to do just that - take card payments.

If you run a business, being able to take payments by debit or credit card, contactless or Chip and PIN is crucial. Consumers are carrying cash less and less, with some businesses not even accepting cash anymore.

There are a range of options now, including the traditional terminals you see in some larger shops. These types of terminals require a physical connection to allow them to connect to a phone line or the internet and can be expensive to set up and use. Luckily, this isn't your only option.

Portable card readers have revolutionised payments for small businesses, as they can now buy a device cheaply that can connect to a mobile phone. As well as being affordable, they’re easy for businesses to use whether they have a fixed premises or work in different locations.

For example, you might be a mobile hairdresser or a masseur who visits people in their homes, or you might run a market stall, pop-up shop or food truck. 

There are card machines that are designed for permanent locations or that integrate with a till. So whatever your business, you can get an affordable card machine to take payments that can be set up quickly and easily so you never miss a payment.

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Choosing the best card payment machine for you

Times have changed, and the way people pay for things has also changed.

The most recent figures show around 76% of payments are now made by card, though cash payments are slightly up too. More than a third of all card payments made in the UK are now contactless.

So while having a card machine is now all but essential, there are plenty you can choose from.

Your options now range all the way from small card readers that just connect to an app on your phone all the way to a plugged in till service.

To make sure you pick up the right payment machine for you, you need to think about what options you need, then compare fees and charges to make sure you aren't paying more than you need to for it.

Percentage of payments made in cash in 2023[1]
19%
If you run a business then you never want to turn down a sale. While spending preferences change over time, it's clear there's persistent high demand from customers to be able to pay with their card. So don't get caught out and make sure you can always make that sale.

Our best card machine for occasional use

Our editors have picked out our top card machine with no monthly fee, ideal for occasional or infrequent use.

Editor’s pick

With no monthly fee, no contract and a low price for the terminal, this is an ideal card machine if you only need to use it occasionally.

Author image
Small business expert
Card
Tide Card Reader
Card Machine Cost
£49 + VAT
Monthly Fee
No monthly fee
Transaction Fee
1%
Editor’s pick
Card
Tide Card Reader
Card Machine Cost
£49 + VAT
Monthly Fee
No monthly fee
Transaction Fee
1%

With no monthly fee, no contract and a low price for the terminal, this is an ideal card machine if you only need to use it occasionally.

Author image
Small business expert

How to get a card payment machine for your business

Card terminals are linked to a bank account - something that's pretty non-negotiable. This can either be your existing account, or a dedicated merchant account you control and administer.

dzbusiness accounts even come with a free payment terminal included - although this is generally only useful for smaller businesses, as it tends to be the most basic option.

For pay-as-you-go machines, things are pretty simple – send the card machine provider money and a delivery address then wait for it to arrive. You'll probably need to sign up to an app as well.

Contract card payment terminals need a little more.

You need to set up an account to get one - which can mean they need more information up front.

Some typical requirements to sign up for a monthly terminal include:

  • Your business address and VAT number (if applicable).

  • Personal details, such as three years' address history for business partners, shareholders and business owners.

  • Bank sort code, account number and name on account.

cardFinder-credit-card

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Card machine fees explained

Card payment machines charge you in three basic ways - finding the cheapest payment solution for you means you need to balance them.

Card machine cost

This is how much you pay upfront for the machine itself. This can be anywhere from £0 to hundreds of pounds depending on the kit and the ongoing charge.

Transaction charges

This is how much of each sale you give up - expressed as a percentage. So a 1.75% fee means you lose £1.75 for each £100 of sales. Transaction fees can also be dependent on how much money you put through the machine each year.

Monthly fee

As well as transaction fees, you can sign up to a monthly contract. Pay-as-you-go options are available too, but generally come with higher transaction charges.

Which sort of card machine is best for you

Pop ups, stalls and stands

Pop ups, stalls and stands

If you have an occasional pop-up or stall, or only take card payments intermittently, it makes no sense to pay for a monthly contract.

Additionally, you'll want a card payment machine that works over a mobile network - either by connection to your phone or directly.

Regular stalls, stands, pitches and more

Regular stalls, stands, pitches and more

If you've got a fixed pitch, plot or more - but lack a dedicated till - extra features can come in handy.

The right card machine can offer a full point-of-sale service you can fit in your hand - including a product library, receipt printing and more.

Fixed shops, bars, cafes and restaurants

Fixed shops, bars, cafes and restaurants

If your business operates from a fixed location, having a freestanding card machine at the point of sale - or that you can take to a customer's table - works well.

If you're regularly taking payments while out and about

If you're regularly taking payments while out and about

If your business means travelling to clients – taking payments on the go or similar - you'll want a machine that either connects to your mobile or directly to a network.

Which sort of card machine is best for you

Pop ups, stalls and stands

Pop ups, stalls and stands

If you have an occasional pop-up or stall, or only take card payments intermittently, it makes no sense to pay for a monthly contract.

Additionally, you'll want a card payment machine that works over a mobile network - either by connection to your phone or directly.

Regular stalls, stands, pitches and more

Regular stalls, stands, pitches and more

If you've got a fixed pitch, plot or more - but lack a dedicated till - extra features can come in handy.

The right card machine can offer a full point-of-sale service you can fit in your hand - including a product library, receipt printing and more.

Fixed shops, bars, cafes and restaurants

Fixed shops, bars, cafes and restaurants

If your business operates from a fixed location, having a freestanding card machine at the point of sale - or that you can take to a customer's table - works well.

If you're regularly taking payments while out and about

If you're regularly taking payments while out and about

If your business means travelling to clients – taking payments on the go or similar - you'll want a machine that either connects to your mobile or directly to a network.

How card payment machines work

Customer presents their card

When a customer presents their card, its chip sends the transaction details to your merchant bank account. This sits aside from your business bank account and holds funds while the payment process trundles on.

Payment request is sent

The merchant bank sends the payment request via broadband or a phone line to the customer’s card provider – usually Visa, Mastercard or American Express.

Customer's account is contacted

The card provider transmits a request for payment authorisation to the customer’s bank or credit card provider.

Payment is made, or declined

The transaction goes through if the card details are all correct and if there’s enough money in the account. The payment gets declined if the card details aren’t correct or the customer doesn’t have enough money to cover the transaction.

How people pay for goods
Percentage of consumer transactions by payment method.

Source:

FAQs

How long will it take for the payment to register in your account?

Depending on the time of the day, and whether it occurred at a weekend or on a bank holiday, it can take up to three days for the payment to appear on your account.  

Do I need a new account?

No, but you might find it's cheaper to use one. That's because when someone buys something with a credit or debit card, the payment service - Mastercard, Visa or American Express in most cases - sends the cash to a merchant account. This can be yours, or one run by the card payment machine that later transfers the cash to you. The first one might take longer to set up and cost a fee, but should work out cheaper if you're making a lot of sales. The second can be set up in a few minutes, but often comes with higher transaction costs.

What card issuers are covered?

Nearly all card payment machines accept payment by Visa and Mastercard, although some will exclude American Express. Apple Pay, Google Pay and more are also common - check the details on the machine you choose to see the full list.

How fast can you get one delivered?

For a pay-as-you-go machine, you can apply online and have it arrive within a few days - or even pay more for same day delivery in some cases - with most taking no more than a few minutes to set up once they arrive. If you're applying for a pay monthly service things might take a little longer as checks are made and accounts set up by the provider.

Can UK card payment machines accept foreign cards?

As long as the payment provider is accepted - for example if it's a Visa or Mastercard - they should work. But processing transactions can take longer.

Can you have multiple card payment terminals?

This depends on the card payment machine you choose. Pay monthly machines can frequently have multiple handsets attached to the same account - even across different business locations - but some pay-as-you-go machines will need a specific account set up independently for each terminal.

How secure are card payment machines from fraud?

Your card terminal is securely linked to a bank account - meaning the process of taking money from the customer and depositing it in the bank account is remarkably safe. Security on credit and debit cards mean for face-to-face payments by contactless or chip and PIN, as long as the payment goes through, the seller is not liable if the card is being used fraudulently. However, if you use the magnetic stripe, key in the long number manually or use a signature as confirmation, you might be liable for a claim if it turns out the card is being used fraudulently.

In depth guides

Find out more about how card machines and business bank accounts work
A customer paying with their phone in a shop
How payment terminals work - and how to get one
People sitting round a table at a work meeting
Benefits of a business bank account
An online seller looking at a product
What insurance do I need for my business?

About the author

Kyle Eaton
Kyle joined the money.co.uk team in 2023 and has a long history both of writing and working in financial services and with small businesses.

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References

1. Payments Survey 2023