If you didn't think there was a payments revolution taking place, then think again as dealmaking websites like Groupon, Living Social and Huddlebuy have been pushing payments systems.
It makes startling and notable change when you see consumer-based services pushing merchant and business based services at low cost.
First there was my free deal for iZettle. Like Square, iZettle is a simple dongle you stick in your smartphone and you can take payments. Simple to set up and use, and pushed recently in a Huddlebuy deal where you could get the dongle and a mobile payments website for free.
Particularly noteworthy are the deal details:
- GIVEAWAY: iZettle mobile payment solution (worth £20) and a mobile website from Moably, FREE for life (worth £193)
- Includes FREE chip-card reader and iZettle app
- Flat rate of 2.75% per transaction with card reader
- Compatible with MasterCard, Diners Club, American Express and Visa
- No hidden costs or contracts
- Fee of 2.75% per transaction made with card reader. It is possible to take payments manually (without card reader) by typing in credit card details - these will be charged at £0.10 + 3.5% of transaction amount.
- Access to this deal is subject to meeting iZettle's basic eligibility requirements, including passing standard credit checks, and terms & conditions
- The FREE mobile website will be given to active iZettle users who have taken their first transaction
- Available in the UK only
So I then see another deal today from Huddlebuy for PayaTrader.
This one is also selling fast – about 10 are being bought per minute as I write this – and the deal is similar:
- UK Exclusive: Take payments by telephone for £0 per month, no ongoing fees or contract
- We've waived the standard set-up fee, saving you £99
- PAYG, 2.5% per transaction for MasterCard & Visa, 2.95% for American Express and as little as 2.3% for transactions above £2,500 per week
- Ideal for start-up businesses, sole traders, professionals and other small businesses
- 2013 Card & Payments Award winning, secure PCI compliant solution
- No merchant accounts required
- Offer available to UK businesses only
It just goes to show that these things are mainstream now.
And note these are just one of many today including mPowa, SumUp, PayLeven, Go Payment (from Intuit) and of course Square and PayPal.
The key result is that, in the near future, everybody will be a merchant.
Lastline courtesy of Andrew Curry