Monthly vs Pay as You Go Zettle: Weighing the Costs and Benefits

Let's dive into the world of Zettle, a popular payment processing system. Zettle offers two main pricing plans: Monthly and Pay As You Go.

Monthly plans require a fixed fee, which is 2.9% + 5p per transaction, plus a monthly subscription fee of £69.

The Monthly plan is ideal for businesses with consistent sales, as the fixed fee provides a predictable cost.

Pay As You Go plans, on the other hand, charge 1.75% + 4p per transaction, with no monthly subscription fee.

This plan is suitable for businesses with variable sales, as it only charges for actual transactions.

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Zettle's pricing is transparent and competitive, which is why it received a total score of 5 out of 5 for this research area.

There are no monthly contracts for its paid products, only card processing fees, which is a positive for many people. Zettle charges a competitive rate of 1.75% for chip or contactless transactions, which is the same as Square.

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However, virtual payments are where Zettle struggles, charging 2.5% for online or invoice payments, which is considerably higher than Square's 1.9% for European cards. Direct ecommerce payments aren't available with Zettle.

The company's pricing is compared to other top-rated mobile merchant account providers in the table below:

Zettle's transaction fees are competitive among the big players, but not the cheapest in the UK market.

If you're looking for alternatives to Zettle, there are several options worth considering.

Square offers a similar point-of-sale system with a pay-as-you-go pricing model, which means you only pay for the transactions you process.

SumUp is another popular alternative, known for its user-friendly interface and competitive pricing.

PayPal Here is a great option for businesses that already use PayPal for online transactions, as it integrates seamlessly with their existing account.

Shopify POS is a great choice for e-commerce businesses, as it allows them to manage both online and in-person sales from a single platform.

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Zettle's transaction fees are competitive among the big players, but not the cheapest in the UK market.

Zettle's transaction fees for in-person card transactions are 1.75%, which is matched by Square. However, other providers like SumUp and Revolut have slightly cheaper fees, at 1.69% and 0.8% + 2p respectively.

One of the biggest advantages of Zettle is its zero monthly fees, making it a great option for businesses that want to save on costs.

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Zettle's pricing is a major selling point, with zero monthly fees and a 100% portable card reader. This makes it a great option for startups and those with low-maintenance POS needs.

However, there are some downsides to consider. Transaction charges are very expensive, with payment links costing 2.5% per sale. This can be a major issue for remote-based companies like telesales.

One of the biggest advantages of Zettle is its ease of use. Creating an account and starting to manage payments and expenses is as simple as it gets. This is a major plus for businesses that don't have a lot of technical expertise.

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But how does Zettle's pricing compare to other merchant account providers? Let's take a look at a comparison table:

As you can see, Zettle's transaction fees are competitive, but not the cheapest in the market. However, its ease of use and zero monthly fees make it a great option for some businesses.

Zettle stands out for its range of integrations and robust reporting tools, making it a top pick in several key areas.

Zettle's transaction fees aren't the lowest, but it remains competitive in the UK market.

The free EPOS store and absence of on-going fees make Zettle an attractive option.

You can find the lowest price transaction fees with Revolut, but Zettle's hardware is among the cheapest around.

If you want to compare fees with other merchant accounts, use our free quote tool to get obligation-free quotes from trusted providers.

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