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How much does it cost to have a credit card machine?

As a small or medium-sized business owner in the UK, accepting cashless payments has become the norm in our technologically-driven and increasingly cashless society.

That’s why owning a card payment machine is no longer a luxurious or costly payment acceptance method.

Gone are the days of renting expensive POS devices from banks, while they make a good amount of money from monthly maintenance taxes.

You can now own your very own and affordable credit card machine for your small business with no monthly or maintenance costs.

With the myPOS payment terminals, owning your own terminal is a modern and innovative solution for your business needs, giving you a variety of different ways of accepting payments.

myPOS card machine costs

As a business owner, renting a card payment machine might have crossed your mind.

After all, cashless payments are the new norm.

However, this solution can be rather expensive if you don’t do your research right, and you may want to consider owning your own payment terminal. myPOS is definitely a healthy and cheaper alternative to consider.

With prices ranging from 29 GBP to 299 GBP, and depending on the terminal features you need, with myPOS, there’s a card payment machine that’s perfect for your business.

So, let’s find out what are the prices of our credit card machines:

Model Price Transaction fee*
myPOS Go 29.00 GBP 1.75%
myPOS Mini 119.00 GBP 1.75%
myPOS Combo 199.00 GBP 1.75%
myPOS Smart 299.00 GBP 1.75%
myPOS Smart N5 299.00 GBP 1.75%

Transaction fee can go up to 2.85%, if the card issuer is outside of EEA. See the full pricing here.

The different card machines you can get with myPOS

At myPOS, we know that your business has its own unique characteristics and that’s why you need the right terminal to carry out your operations and accept payments seamlessly.

Luckily, with our wide range of devices, you can find the perfect terminal to meet your business needs.

Let’s take a look at some of the card payment terminals we have available and what their specific features are:

myPOS Go

Buy myPOS Go
Keypad / Digital receipts via sms or email / 3g Suitable for taxi drivers, travelling merchants, agents and sales representatives on the move

myPOS Mini

Buy myPOS Mini
Keypad / Digital receipts via sms or email / Bluetooth 4.0 / Wi-Fi / SIM Card Suitable for travelling merchants, agents and service providers always on the road

myPOS Combo

Buy myPOS Combo
Keypad / Customizable paper receipts / Bluetooth 4.0 / Wi-Fi / SIM Card Suitable for all kinds of shops, bars and restaurants, workshops, barber shops and hotels

myPOS Smart

Buy myPOS Smart
Touchscreen / Customisable paper receipts / 4G / 3G / GPRS / Bluetooth + WiFi Suitable for large stores, hotels, retail in general and businesses that sell either in-store or online.

myPOS Smart N5

Buy myPOS Smart N5
Touchscreen / Customisable paper receipts / 4G / 3G / GPRS / Bluetooth + WiFi Suitable for hotels, restaurants, drivers and delivery businesses and retail stores

Monthly fees

Monthly fees unlike most banks and other financial institutions which charge monthly fees for renting or using their card payment devices, this is not the case with myPOS.

We do not charge you installation, monthly or annual costs for using your machine.

In fact, you get a whole host of perks that you can enjoy your new device with including:

  • A free business card
  • A free IBAN
  • Instant settlement of funds
  • And so much more!

How to get your payment terminal

So, how can you get a card machine from myPOS?

It’s very easy!

You can order your preferred device directly from our online shop and it will be shipped to you.

Alternatively, you can visit our physical store in London, where our friendly staff can advise you on the best terminal and its most suitable features for your business.

So, why wait?

Get your card payment machine and help your business grow!

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