NoChex Review: The Best Alternative Merchant Account?
After carving out a space in the merchant account market, could Nochex be what your business
Takepayments Review
Does Takepayments suit your business? Find out below.
What is Takepayments?
Takepayments is a merchant account provider. It provides payment processing solutions from card machines and payment gateways to fraud prevention and data analytics.
Takepayments has the solutions businesses like yours need to streamline their payment operations. This article will explore takepayments’ key features and benefits; from how it integrates with your existing systems to how much it costs and beyond.
If, after reading this review, you’re still unsure about which merchant account is for you, you can read about how takepayments compares to its competitors, or fill in our ready-made form to compare merchant accounts in a matter of minutes.
Takepayments Features
Takepayments is a standalone provider, offering businesses an all-in-one solution to taking payments. As well as their card machines, which are explored in more detail below, it provides payment gateways for online transactions, and EPOS systems for businesses that require an integrated payment system.
Its online payment solutions cover all bases; offering businesses a range of methods for accepting remote payments. These methods include online payment gateways, virtual terminals, QR code payments, and pay-by-links. These options make takepayments one of the most versatile providers of mobile payment solutions available.
One of the most useful features provided by takepayments is its app. It’s called beepaidGO and, with it, you can essentially turn your mobile device into a card machine, which gives you the option to completely bypass the cost of a card machine, ideal for smaller businesses.
Takepayments also offers tailored POS software for hospitality and retail businesses. Their EPOS hardware can be customised with software specifically designed for your industry, whether it’s retail or hospitality. The integrated system simplifies tasks like taking reservations, placing orders, managing inventory and processing payments.
As well as all this, takepayments also provides integrated payments to smoothen your customer’s experience and next-day fund transfers, which is great if your business depends on a healthy cash flow.
Takepayments Card Machines
Takepayments offers a versatile range of card machines to fit your business needs. Whether you’re on the go or have a stationary point of sale, they have a solution for you. For businesses that require mobility, takepayments provides the DX8000 (a popular card machine also used by Worldpay) and the A920. They’re both portable machines that accept a range of payment methods, including chip & PIN, contactless, and mobile payments. They can also process refunds and tips, as well as display transaction reports with their touchscreens, making them both ideal for a range of environments.
Takepayments’ most advanced card machine, however, is the takepaymentsplus, which takes the A920 to a whole new level. It does everything its alternatives do, but with added options to process part cash/part card payments, manage stock levels, and access more detailed transaction reports. It acts as a central point of your whole sales process, offering the chance to control and monitor how to take payments from start to finish. This is the card machine for your business if you need tight control of your sales but don’t need a fully-fledged EPOS system.
How Much Does Takepayments Cost?
Takepayments offers customised pricing plans. To get an accurate quote, you’ll need to provide specific details about your business and payment needs on their website. While this requires a bit more effort upfront, it ensures you pay only for the services you actually need.
However, while you will need to get in touch with the company directly to get an accurate idea of what you will pay for its services, it does list the kind of fees it charges on its website. These include transaction fees, rental fees, and minimum monthly service charges.
What industry are you in?
Please select the industry that you trade within. This information allows us to tailor your quote.
Want to know more about merchant account fees?
If you want to know more about merchant account fees, you’re in luck. We’ve written a guide that breaks down all of the fees associated with taking payments both online and in person. The guide explains card processing fees, payment gateway fees, card machine rental, and more. Check it out to find out all you need to know.
What Kind of Business is Takepayments Good For?
Takepayments principally aims at small businesses, and they succeed in being a solid choice in that respect. It provides a plethora of ways to accept card payments and has a whole card machine aimed specifically at making the management of your small business easier.
For these reasons, takepayments would suit small retail and hospitality businesses and those that provide goods and services both in-person and online.
Verdict
If you’re a new business or have low card transaction volume, you might consider a no-contract provider like Square or Sumup. These providers offer flexibility with their lack of contracts and simplicity in their card machines.
If you have a small business with significant sales volume, you could be in a better position to access smaller transaction fees and rates, as many providers offer such things to businesses that take a large number of card payments.
FAQs
How much does Takepayments cost?
Takepayments offers customised pricing plans. To get an accurate quote, you’ll need to provide specific details about your business and payment needs on their website. While this requires a bit more effort upfront, it ensures you pay only for the services you actually need.
What's Trending?
Find out how you could save your business money
Square vs SumUp: Which is Better For Your Business?
They’re two major players in the mobile card machine game, but which is better? They’re two
Takepayments vs Zettle: Which is Better For Small Businesses?
We explore the hardware, software, and pricing structures of two of the UK’s most popular merchant
