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Best payment apps for small businesses

By Dom Walbanke on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs

The number of providers offering payment services to UK small businesses has exploded.

Many of these are app-based solutions, which offer businesses a simple and cost-effective way to start accepting customer purchases, whether they’re contactless card payments or even bank-to-bank transfers.

These payment apps are essential for small businesses and customers alike, making it easy for both parties to complete quick but secure transactions. With more consumers choosing to pay via contactless and suppliers invoicing online, businesses no matter how small need to be ready to process transactions.

>See also: Best mobile phone payment for self-employed

Payment apps for small businesses 

You can use payment apps to make bank transfers, mobile payments, online card payments and point of sale payments.

This list includes payment gateway apps and point of sale (POS) payment apps. If you work in brick-and-mortar retail or are taking more than £10,000 per month, a more substantial payment solution, such as a card reader, might be a better option.

Here’s our pick of the best payment apps for small businesses.

WorldFirst

GoCardless

Wallestar
Worldpay

Square

Takepayments

Online payment gateway apps
 

Price
No monthly fee

Transaction fee
30p to £4 (+0.50 currency conversion)

Set-up fee
None

Terminal
None

WorldFirst is bringing down the cost of

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