How does the Epos Now Payments Lite terminal connect to process transactions?
The Epos Now Payments Lite card terminal connects via Bluetooth to your 4G-enabled Android device. It leverages your Android device's internet connection to process card payments, allowing you to accept transactions anywhere your device has network coverage.
What types of cards and payment methods can be accepted with this terminal?
The terminal accepts EMV Chip & PIN transactions and contactless payments from domestic and EEA cards (Visa, Mastercard, Girocard Debit, Credit). It also supports premium cards like American Express, JCB, UnionPay, Diners Club, and Discover, as well as international and commercial cards. Additionally, payments can be made through digital wallets such as Apple Pay and Google Pay.
Are there any additional costs beyond the per-transaction fees?
No, Epos Now Payments Lite operates on a flat-rate pricing model with no monthly fees or hidden costs. The initial purchase of the terminal covers the hardware, and ongoing costs are solely based on the per-transaction fees.
How quickly will I receive my funds after a transaction?
After your initial payout, which takes 7 business days, subsequent payouts are processed within two business days directly to your bank account, free of charge. This ensures a steady cash flow for your business.
Does the Epos Now Payments Lite terminal print physical receipts?
No, the Epos Now Payments Lite terminal does not have a built-in printer. It is designed for digital receipts, which can be stored, searched, and retrieved for easy refunds and record-keeping.
What are the specific transaction fees for different card types?
For domestic and EEA cards (Visa, Mastercard, Girocard Debit, Credit), the fee is a fixed rate of 1.1% + €0.15 per transaction. For premium cards (American Express, JCB, UnionPay, Diners Club, Discover), international, and commercial cards, the fee is a fixed rate of 2.79%.