What is the Cheapest Payment Terminal in 2025?

The cheapest payment terminal is either iZettle, Nets, or SumUp, depending on the business's specific needs.

• iZettle does not require long-term contracts, and the terminal is available for less than 20 euros.

• SumUp offers a lower transaction fee if the business has a monthly subscription.

• Nets has a flat 1% transaction fee, which is considered very low in today's market.

Below, I present the prices of these payment terminals:

1. iZettle
2. SumUp
3. Nets
4. Verifone
5. Viva Wallet
6. Worldline
7. FlatPay

1# iZettle Payment Terminal Price

• Terminal Price: from €19

• Transaction Fee: 1.95% (card payments), 2.5% (Zettle payment links)

• Setup Fee: €0

• Other Costs: No commitments, no hidden fees

iZettle is the best option price-wise since it has no binding contracts, subscription fees, or hidden costs.

Additionally, if a business processes over €10,000 in monthly transactions, iZettle adjusts the pricing personally.

Example of iZettle Payment Terminal Fees:

• A business processes €5,000 in card payments per month. iZettle charges a 1.95% transaction fee, amounting to €97.50. The business receives €4,902.50 in its account within 1–2 days.

iZettle Card Reader Price:

• Zettle Reader 2: from €19

• With additional devices: up to €79

• No annual or monthly fees

• No hidden charges

iZettle Terminal Price:

• Zettle Terminal: from €199

• With barcode scanner: €249

• Printer & Dock: €99

This is a modern POS and payment terminal featuring a user-friendly touchscreen.

Full POS Package Price:

A complete sales package starts at €249. The most expensive package, at €729, includes everything needed for a restaurant or clothing store.

An iPad can be added to the package for an extra fee.

2# SumUp Payment Terminal Price

• Terminal Price: from €25

• Transaction Fee: 0.69–1.49%

• Setup Fee: €0

• Other Costs: Monthly fee €0–19

SumUp's pricing depends on whether the terminal is used with or without a fixed contract.

• Without a contract: 1.49% transaction fee for card and digital payments.

• With a contract (€19/month): Only 0.69% transaction fee. If the business processes over €2,400/month, the fixed contract saves money.

Example of SumUp Payment Terminal Fees:

A business with a fixed contract processes €10,000 monthly:

• €19 monthly fee + 0.69% transaction fee (€69)

• Total cost: €88/month

• Business receives: €9,912

SumUp Solo Lite Price:

• Price: from €25

• A simple card reader with a long battery life

• Perfect for mobile businesses and trade fairs

SumUp Solo Price:

• Price: from €79

• Features a touchscreen

• Allows refunds directly through the terminal

SumUp Lite POS System Price:

• Price: from €349

• Ideal for brick-and-mortar stores

• Tracks sales, organizes products, and accepts card payments

3# Nets Payment Terminal Price

• Monthly Fee: €15–20

• Transaction Fee: 1%

• Setup Fee: €0

• Other Costs: Fixed transaction fee for all card payments

Nets is widely used in retail stores and offers pricing based on a monthly fee.

• The 1% transaction fee applies regardless of whether a business processes €1,000 or €100,000 annually.

Example of Nets Payment Terminal Fees:

• Business annual card sales: €100,000

• Transaction fee (1%): €1,000

• Monthly fee (€15–20): €180 annually

• Total cost: €1,180

• Business receives: €98,820

Nets SmartPOS N950:

• Modern contactless payment terminal

• Contract duration: 24–36 months

• Total contract cost: at least €500

4# Verifone Payment Terminal Price

• Monthly Fee: from €24.90 or one-time purchase from €350

• Transaction Fee: from 0.40%

• Setup Fee: €0

• Other Costs: Additional services increase costs

Example of Verifone Payment Terminal Fees:

• Verifone V400 Monthly Plan: €24.90

• Transaction Fee: 0.40%

• Fixed costs: €47.90

• For €10,000 monthly transactions, transaction cost: €40

• Total: €87.90

• Business receives: €9,912.10

5# Viva Wallet Payment Terminal Price

• Monthly Fee: from €8.99 or one-time purchase from €49

• Transaction Fee: from 1.69%

• Setup Fee: €0

• Other Costs: Online payments incur a €0.24/transaction handling fee

Viva Wallet Mini Card Reader:

• Price: under €50

• Perfect for mobile businesses and small entrepreneurs

6# Worldline Payment Terminal Price

• Monthly Fee: from €5

• Transaction Fee: from 0.60%

• Setup Fee: €0

• Other Costs: Pricing varies based on contract terms

Example of Worldline Payment Terminal Fees:

• Monthly transaction volume: €50,000

• Monthly fee: €10

• Transaction fee (0.60%): €300

• Business receives: €49,690

7# FlatPay Payment Terminal Price

• Terminal Price: from €0

• Transaction Fee: 0.99%

• Setup Fee: €0

• Other Costs: No hidden fees

Example of FlatPay Payment Terminal Fees:

• Annual business revenue: €100,000

• Transaction fee (0.99%): €990

• Business receives: €99,010

Payment Terminal Price – Key Considerations

• Provisions matter: A small percentage difference can save thousands.

• Fixed vs. flexible contracts: Choose based on business volume.

• Hidden fees: Avoid extra costs beyond the terminal price.

Cheap Payment Terminal vs. Bank Transfer

Many businesses believe bank transfers are cheaper, but they can be costly.

Example of Bank Transfer Fees:

• Nordea: €0.15 (with reference) / €0.58 (without reference)

• S-Bank: €0.10 (with reference) / €0.30 (without reference)

For 300 daily bank transfers, service fees amount to €45–174/month.

A payment terminal is almost always the more cost-effective choice.

Is the Cheapest Payment Terminal Always the Best?

The cheapest payment terminal is often the best, but businesses should consider:

• iZettle for occasional use (no monthly fees).

• SumUp or Nets for regular use (lower transaction fees).

SumUp is best for high-volume transactions.