PDQ Machines: The Cheapest Card Payment Terminals & Readers 2020
You are looking for cheap PDQ machines or mobile readers? And you need the most modern machine at the best price? Then you’re in the right place.
In this guide, you will find out everything you need to know about the cheapest PDQ machines and mobile readers, including who supplies them, what they can do and how much they cost.
Mobile & Portable Machines
There are two types of cheap PDQ machines, both of which have experienced a rise in popularity this year.
Mobile machines are portable devices which work off a GPRS connection. They do not need a fixed internet connection, like a mobile phone. These hand-held PDQ machines are a great option for small businesses, tradesmen or anyone who drives for a living.
Portable machines which are known as ‘wireless terminals’ are great for businesses in the food & beverage and hospitality sectors. This portable machine requires a regular charge and needs to be stored close to its base stand. This more expensive payment machine gives business flexibility when processing payments.
Top 5 Cheapest Chip & Pin Terminals & Readers
This is a list of the cheap PDQ machines and card readers for merchants who want to start accepting face to face payments.
- iZettle Card Reader
This Swedish company provides a mobile card reader to a mixture of businesses. It is one of the cheapest readers on the market at only £29. It includes the following features:
- Accept contactless payments in 5 seconds.
- Money deposited within 1-2 business days.
- Free POS App.
- Accept: MasterCard, Visa, American Express, Maestro, V pay, Visa Electron, JCB, Diners Club, China Union Pay, Discover, Apple Pay and Android Pay.
- Low credit and debit card transaction fees of 1.75%.
2. Ingenico iWL/200 Series Terminal
This manufacturer of point of sale (POS) terminals, Ingencio offer their ‘iWL/200’ card machine to businesses who need a portable solution. It allows them to accept credit or debit card payments on the go. This payment machine is currently available for both rent and purchase.
- Outstanding battery life.
- EMV Chip & Pin, MagStripe & Contactless enabled.
- Pocket-sized & lightweight design.
- High level of security including SRED POI
- Multiple connectivity options.
3. Barclaycard Anywhere Reader
Barclaycard offer their mobile ‘Anywhere’ card reader to businesses such as home delivery firms, taxi drivers and truck drivers. It has Bluetooth, WI-FI and GPRS connection. Payments can also be accepted from all major credit and debit cards. This reader machine now costs only £29 + VAT. Some of its features include:
- App tracks payments when on the go.
- Simple and fast application process.
- Proactive security and card verification technology.
- No monthly fees.
- Low transaction fees of 1.60%
4. Verifone VX 675 Terminal
The ‘VX 675’ credit card machine gives mechants a choice with both a portable and mobile function. It also contains a built-in charger and thermal printer that can produce receipts in seconds.
- Long lasting battery.
- Drop-resistant case for additional durability.
- Market leading processor.
- Colour display as standard.
- Excellent customer support.
5. SumUP Reader
Founded in 2012, SumUP provide their full POS service card reader for businesses new to contactless payment. This mobile payment device is compatible with both iOS and Android smartphones. It comes with a 30-day money back guarantee.
- Free Dashboard & reporting.
- Accept Contactless, Chip & Pin, Apple Pay and Android Pay.
- No contract or monthly fees.
- Regular payouts to bank account.
- Quality telephone & email support.
- Pricing starts at £29 + VAT
Types of Payment
There are a number of different payments a business can accept in ‘card present’ transactions. These happen when the cardholder and the card to be used are present. These types of transactions are:
- Chip & Pin Payment
The ‘Chip & Pin’ payment is still the most popular way of making face to face payments. It is considered the most secure way of making payment, as a 4 digit number known only by the customer is needed. Every model of PDQ machine and mobile card reader can manage this method of payment.
- Chip & Signature Payment
This type of transaction is used by people with a physical disability. They may have difficulty accessing or using a PIN keypad. Instead, the card is entered into the credit card machine or card reader. Then the customer signs for the purchase. The business can then carry out security checks including signature verification.
- Contactless Payment
First introduced in 2007, this is a feature of many credit and debit cards in circulation. It works by holding a card up to a secure credit card machine or reader machine. This can be used for transactions up to £30. Even though this type of payment does not require a PIN, sometimes a ‘Chip & Pin’ will be sought as a security check.
- Magnetic Stripe
There are a decreasing number of cards in circulation which have no ‘Chip & Pin’. These can be accepted by processing the magnetic stripe on the back of the card. This less secure method requires the business to swipe the card through a credit card machine. It also requires the customer signature before payment processing can be completed.
There has been a general reduction in cash payments and a move towards electronic POS systems. The increase in the number of cards in circulation, means that businesses need to urgently invest in a PDQ machine or reader machine. Profitability and success could depend on it.