Cheapest Ways to Take Card Payments in 2025

The cheapest way to take card payments in the UK is Revolut, offering the lowest possible transaction fees out of the 11 payment products and services we tested.

With card payments accounting for 85% of all spending in the UK in 2024, according to the British Retail Consortium, finding the cheapest merchant account and card machine providers is crucial to minimising monthly overheads and increasing profit margin.

You’ll also need to consider hardware prices (for the type of card readers you need) and how you take card payments since what is the cheapest method may vary depending on the types of payments you accept. Tyl, Zettle, and takepayments are the other cheapest methods, according to our research. Here’s what hardware and transaction fees our top four picks offer:

The cheapest merchant services for taking card payments

These are our top four picks for cheap merchant service providers:

1. Tyl – Cheapest 4G plans

What makes Tyl a cheap way to take payments?

Tyl has no monthly account fees, and offers some great value card machines with 4G connectivity.

It offers four card machines in total, with two that come with 4G connectivity. The cheapest 4G machine costs £9.99 + VAT per month, much cheaper than what competitors charge. For comparison, takepayments only provides one 4G card reader, starting at £25 + VAT per month, and 4G with Zettle only comes with its £149 Zettle Terminal.

Tyl is also extremely clear about its pricing, which is a plus for businesses looking to avoid hidden fees, with its 1.39% +5p transaction fee applying to in-person, online, and phone payments. The only uncertainty is what you’ll pay if you decide to accept Amex, whose rates vary. A 1.39% + 5p transaction fee is relatively inexpensive as fixed fees go. Revolut does have lower fees than Tyl, at 0.8% +2p, but, it doesn’t have 4G card machines.

Who’ll get the most value for money with Tyl?

• On-the-go sellers: Tyl’s £9.99 + VAT 4G card machine is ideal for food truck operators or market sellers.
• Small stores: The £16.99 + VAT per month EPOS and card machine combo is well-suited for cafes or small stores with more complex inventory needs. It includes features like employee and inventory management.

Best alternatives to Tyl

• For no ongoing hardware costs: Offering similar features without ongoing rental fees, the Zettle Payment Terminal can be purchased outright for £149.
• For international businesses: Tyl’s card readers lack multi-currency support, making them unsuitable for businesses with international customers. Revolut is a specialist in this regard.
• For more software integrations: Tyl’s minimal software integration options may not suit businesses requiring extensive tool syncing. Revolut, Zettle, and takepayments provide more comprehensive integration options.

2. Revolut – Cheapest fixed transaction fees

What makes Revolut a cheap way to take payments?

Revolut offers the cheapest fixed transaction fees of any zero-contract provider we researched, at 0.8% + 2p for in-person payments made with a UK card. That’s less than Zettle’s 1.75% fee and Tyl’s 1.39% + 5p fee.

Additionally, Revolut comes with no monthly fees and doesn’t charge you anything to sell online with its payment gateway. Tyl and takepayments on the other hand charge businesses £14.95 + VAT per month and up to £19+ VAT per month for you to sell online.

It charges a one-off £49 + VAT fee for its card reader, which is more expensive than Zettle’s £29 + VAT card reader. However, since you’ll own the reader outright, you won’t have recurring monthly fees as you would with Tyl and takepayments.

Plus, since Revolut is first and foremost a financial services provider, your business bank account, merchant account, and payment processor will all be managed by the same provider, which can make taking payments much easier.

However, it’s the only provider on our list that doesn’t have fraud protection, so you’ll be benefitting from cheap fees at your own risk.

Who’ll get the most value for money with Revolut?

• Small businesses and sole traders: Revolut’s simple, no-commitment structure is a cost-effective choice for those new to card payments, especially suited for independent shops, boutiques, online sellers doing in-person pop-ups, and other sole traders.
• Business taking international payments: Revolut, as a bank, makes international transactions more affordable and convenient, allowing you to accept payments in over 30 currencies—perfect if you have a few international customers.

Best alternatives to Revolut

• For high-volume transactions: Businesses processing a large number of transactions each month will find takepayments to be a better fit due to its flexible and negotiable pricing, which adapts as your sales and needs grow.
• For more hardware and reporting options: Revolut offers only one card reader and has basic reporting tools, making it more appropriate for smaller sellers rather than businesses with multiple employees and complex inventory needs. Zettle and takepayments are solid choices in this sense.

3. Zettle – Cheap card machines

What makes Zettle a cheap way to take payments?

Zettle’s card machine, which you can buy outright, costs just £29 + VAT outright, making it one of the cheapest on the market.By comparison,  Revolut’s card reader costs £49 + VAT.

Zettle, like Revolut, also doesn’t charge monthly account fees, but where it has the upper hand is with its free EPOS system, the Zettle POS app, which you get access to when you sign up.

Its reporting features include analytics, sales forecasting, inventory management, and staff hours management, all of which are rare offerings for a no-contract, fixed-rate provider.

However, if you want a combined mini EPOS terminal and 4G connected card machine, you’ll have to pay £149 for the Zettle Terminal, which is pretty steep. It is cheaper in the long run than renting the equivalent from takepayments for around £25 per month, but you’ll be paying more in transaction fees with Zettle, which charges 1.75% per transaction.

On the upside, like Revolut, Zettle offers a free online payment gateway, so you won’t get the same monthly fees you’d have with takepayments or Tyl for selling online.

Who’ll get the most value for money with Zettle?

• Companies who want no monthly fees or long-term contracts: Zettle offers a cost-effective solution for small businesses, making it an attractive alternative to traditional payment providers like takepayments.
• Business requiring extensive customer support: Zettle provides customer support via phone, email, and live chat, available on weekdays. This is more comprehensive than support options from Revolut and Tyl, which do not offer email support.

Best alternatives to Zettle

• For lower transaction fees: Zettle’s transaction fees may be higher than some bespoke providers, like takepayments or Revolut, especially for businesses with high transaction volumes of domestic payments via non-business entities.
• For seamless third-party integrations: Despite offering over 21 third-party integrations, some users report that these do not always work smoothly with Zettle’s POS app, particularly with accounting software like QuickBooks. We’ve not heard of any issues with Revolut and takepayments’s comprehensive integration options, but your mileage may vary depending on your integration of choice.

4. takepayments – Custom pricing packages

What makes takepayments a cheap way to take payments?

takepayments has custom monthly fees and transaction fees, which means you’ll be able to negotiate a price point that works for you. If you process a lot of card transactions a month (over £2,000), this means you could end up with transaction fees as low as 0.3%, but this isn’t guaranteed.

However, takepayments does charge a round a £20 monthly fee, and fees of around £25 per month for renting out its card machines. This is more expensive than Tyl’s offering, whose cheapest card machine is £9.99 + VAT per month.

We do think this is worth it for businesses that need a wide range of payment features, since takepayments’ platform includes real-time card processing, cash tracking, product customisation, real-time inventory and employee sales tracking, accounting, and detailed receipt generation. This is a level of functionality that isn’t offered by the other payment providers on this list.

Who’ll get the most value for money with takepayments?

• Businesses with high-volume transactions: Takepayments is well-suited for established small businesses, like restaurants, salons, or cafes, that handle a high volume of card transactions each month.
• Businesses after competitive transaction fees: Businesses processing many transactions can benefit from lower fees compared to other options on this page. That’s especially true for domestic payments from non-business cards, where fees range from 0.8% to 1%.
• Teams requiring comprehensive payment tools: Offers a robust set of tools, including an online payment gateway and virtual terminal, available for up to £19 per month.

Best alternatives to takepayments

• For invoicing features: Unlike some competitors, takepayments does not include an invoicing tool, which may be a drawback for some businesses. All the other options on this page support this feature.
• For low turnover rates: Due to high monthly fees, takepayments is not recommended for businesses with a turnover under £2,000 per month. We reckon Zettle is the best choice here, followed by Revolut.
• Easier setup: Takepayments’ pricing structure can be unclear, and the lengthy PCI compliance process (potentially involving 300 self-assessment questions) may not appeal to those seeking a quick setup. Zettle offers the simplest and fastest setup experience we had by comparison.

Buying guide: How to choose a cheap payment service provider

Here’s what to consider while choosing a payment service provider:

Transaction fees

Some payment service providers, such as Revolut and Zettle, offer flat rate, or fixed, transaction fees. This means you pay the same fee every time you process a card.

Others offer variable rates, where the fee changes depending on the type of card the customer is using, and these are often presented as negotiable transaction fees. What you’re actually negotiating is the cut your payment provider takes from a transaction, as card network fees (from providers like Visa and Mastercard) are determined by the card network itself.

Variable rates offer better value for money if you process a lot of card payments, while flat rates work better for small businesses with lower sales volumes.

You can read more about card processing fees in our in-depth guide.

Payment system prices

It’s also important to look at what type of payment system a provider offers (such as card machines, EPOS apps, payment gateways, and virtual terminals) and how much they cost.

Make sure you’re not paying for anything you don’t use. For example, if you don’t take online payments, don’t go with a provider that includes and charges you for a payment gateway on its monthly plan regardless of whether you need it or not. However, if it’s included free of charge, with a provider like Zettle, it could be a useful addition if you plan on selling online in the future.

Some providers operate on monthly fees, like a subscription, while others accept one-time purchases for payment systems such as credit card machines. Which pricing model you choose to go with depends on your business.

Monthly subscriptions tend to work out cheaper for businesses that process a lot of card payments, since they’re often paired with cheap transaction fees. One-time purchase models work best for businesses that have a low monthly transaction volume and sell online, since providers that offer them typically also have free, or very cheap payment gateway services.

Contract length

It’s important to think ahead before getting into a long-term contract with a payment service provider, since many providers, including takepayments, will charge you for terminating your contract early.

Most providers that operate on a subscription model offer contracts between six and 18 months, while providers that allow you to purchase card machines outright typically don’t lock you into a contract.

If your business has irregular sales patterns or goes through ups and downs, it’s probably better to go with a no-contract provider.

Fund transfer time

If your business relies on a quick flow of funds, you’ll want to choose a payment services provider that transfers funds in one to two business days. Some can even offer instant access to funds, although this typically comes with an added fee.

The slowest transfer time we’ve seen is Stripe’s full week, but one to three business days is the industry standard.

Ready-made software integrations

If you’re planning on growing your business, or already have software that you use – accounting software, for example – make sure the payment provider you choose can integrate with it.

Some providers, such as Zettle, Revolut, and takepayments, can integrate with over 15 different software platforms, while others are more limited.

PCI compliance and fraud prevention measures

It’s important to choose a provider that’s PCI compliant and has fraud prevention measures that will protect both your business and your customers’ sensitive data.

Some providers will charge a fee for you to stay PCI compliant, while others include it as part of their service. Some also require you to become PCI compliant by completing a self-assessment form, with varying levels of support.

It’s not a legal requirement in the UK, but all card networks require it, and can fine your bank if you don’t comply. That fine usually then gets passed on to you, so it’s best to stay vigilant.

Reporting tools

Providers that operate on a monthly subscription model, such as takepayments, tend to come with a wider breadth of reporting tools. These types of providers work well for businesses that have several employees, or multiple locations they sell at.

One-time payment providers typically have more limited tools, and are better for very small operations, consisting of one or two people. There are some exceptions, however, such as Zettle, whose free EPOS app includes advanced features such as inventory tracking and staff management.

Think about what tools your business needs, or will need, before choosing a provider.

Ease of setup and implementation

Ease of use is important, especially if your business is just starting out.

Unfortunately, the more in-depth a provider’s sales and management features become, the less user-friendly it tends to be. But if your business requires advanced functions, you’re probably more experienced with card payments, so this won’t be an issue.

The most user-friendly payment service providers give you one app where you can track transactions and revenue, but they might feel limited as your business grows.

Help and support

In an ideal scenario, you shouldn’t have any issues with your payment provider’s services. But things do inevitably go wrong sometimes, so the level of support provided by each provider should be front and centre of your decision-making process.

Ideally, the provider should have a support number you can call. It’s also worth looking at the support team’s opening hours. If your business is most active on the weekends, it’s a good idea to go with a provider whose customer service team is open on those days.

How We Ranked the Cheapest Ways to Take Payments