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How to get a mobile payment terminal?

jean pierre fumey



terminal de paiement mobile 1

Most countries began using bank cards in the late 60s, however, their widespread usage in various activities took effect in the early 2000s Today these cards have taken the top spot ahead of check payments and due to growth in technology a lot more changes are expected in the financial sector.

They are settling in, slowly but surely, and forcing the payment terminal to evolve, too. Present in many businesses, fixed or portable, they can check the validity of the card to ensure that it is not fraudulent and, finally, to control the code. All these measures are taken to authorize a transaction, just that!

The “contactless” was certainly the last big improvement of a bank card. To date, some traders offer this option which turns out to be a real time-saver. However, for some time now, it has been made even simpler.

Mobile payment allows, thanks to a smartphone or tablet application, the terminal to confirm from the bank, that the transaction is not fraudulent and that the requested funds are available on the requested account.

Here is some useful information to help you understand these new TPEs!

New transaction systems

Payment techniques evolve now and then, so every merchant needs to adapt to them as well. As a result, the mobile payment terminal has received increased attention due to the following reasons.

– First, it accepts payments by credit card, contactless and mobile transactions.

– Then, the purchase price of a TPE is inexpensive. It doesn’t attract monthly payments, in most cases, it’s just a commission on each transaction that is charged. In addition, no commitment is required.

– You can simply apply for one on the internet, or simply visit the bank.

– It’s small in size and easy to carry. It also accepts many bank cards.

– Finally, these TPEs are fully secure as a result of the encryption of exchanges between the terminal and the bank.

The different TPE

Before choosing your TPE, it is essential to identify your business needs. Do you want a mobile or fixed terminal, whether to prefer a Wi-Fi or 4G connection, then the commission rate to be accepted and the maximum price to be paid? Also, remember to check the battery life, the type of bank card accepted and finally, if you want the “tip” function and payment in several instalments.

Izettle, a Swedish company operated by Paypal, offers an inexpensive and reliable solution suitable for small businesses. The terminal can be ordered over the internet and it is fairly quick to set up. The prices are transparent and the commission rates are set at 1.75%. These remain the same regardless of the payment used. At no additional cost, the money collected is directly paid, in 1 to 2 working days, into the merchant’s account. It is with a Bluetooth connection that the terminal is connected to a mobile device, itself connected to the Internet. Finally, receipts are sent by SMS or email and can also be entered on paper, using a connected printer.

The British company Sumup offers almost the same services, both price and professional. Just allow 2 to 3 working days for the payments. Finally, a little extra, with the bank card of this company, the sums collected directly at the terminal can be disbursed the next day.

Mypos is a European company that also offers to purchase TPEs online. The commission rate is 1.75% for personal cards, for business cards, the rate is 2.5%. For one transfer per month of the accumulated money to the merchant’s account, the costs are 3 euros. Other costs are to be considered for the use of this company’s bank card. Finally, receipts are only made by email and SMS. Find out more about the Mypos offer.

Finally, Smile and pay is a French company founded in 2014. The fees are 1.75% for French, business and European cards. For non-European cards, however, the rate is 2.75%. If you purchase a subscription, some costs may be reduced. Regarding receipts, they are only available by email and SMS.

Sometimes offers and discounts are offered by these different companies. For more information, do not hesitate to consult their merchant site directly.

Jean-Pierre is a polyglot communication specialist, freelance journalist, and writer for with over two decades of experience in media and public relations. He creates engaging content, manages communication campaigns, and attends conferences to stay up-to-date with the latest trends. He brings his wealth of experience and expertise to provide insightful analysis and engaging content for's audience.

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