PDQ machines are an important tool for any business; they are available in a number of forms and types and can be rented or purchased in the UK for a range of prices, depending on the functionality you require.
As the well the cost of actually purchasing and installing a PDQ terminal, there are also other price factors to bear in mind - lease or hire costs, for example, or the fees applied to each transaction that your machine handles.
If you want to find out more about the range of PDQ prices available in the UK, simply continue reading the content on this page. Otherwise, if you would like to start comparing top UK quotes today, just fill in the form at the top the page.
Comparing quotes with Approved Index is free, quick and easy, and it could save your business as much as 40% on purchase and installation costs.
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Compare PDQ Machine Costs
As well as the prices, fees and upkeep costs mentioned lower down on this page, you should also consider the upfront or monthly cost of the actual terminal you are looking to buy.
In this section, we compare some of the industry leading machines, providing a little information - including price guides - for each.
The PDQ machines listed below are some of the best available on the market. They are great for a number of businesses, with varied features and functions to help make processes smoother and more efficient.
PayPal Here Chip and Pin Card Reader Cost
Paypal’s chip and pin card reader is an effective PDQ machine option, with a range of functions, but for a lower than average price.
Working directly with the PayPal app, this option will not work everyone, but it can be a viable option. For smaller merchants, and particularly those working remotely - market sellers or taxi drivers, for example - this can help to streamline processes.
Paypal’s chip and pin reader works directly with the Paypal Here app, allowing for remote payments whenever you have access to mobile data. Of course, this can be taxing on some phone plans so may not be a permanent solution.
PayPal charges fees on each transaction you make, although these are estimated based on your monthly sales. Smaller sales figures will lead to higher transaction fees, with larger businesses having their transaction fees calculated during the application process.
- Paypal Here PDQ Machine Cost - £45
- Transaction Fees - 1.5%-2.75%
Hypercom Optimum T4210 Credit Card Machine Cost
The Hypercom Optimum T4210 credit card machine is an excellent choice for any small business owner. Useful in a range of environments, this dial-up card machine helps your business to speed up payment times considerably.
Compact, with a printer and keypad included, this PDQ terminal is a great value option with all of the features that a small business might require.
Able to work as a part of a larger merchant account set-up, this PDQ machine option is a versatile tool that can significantly improve a small business’s payment taking processes. The Hypercom Optimum T4210 PDQ Machine is a secure option for a great price.
- Hypercom Optimum T4210 PDQ Machine Cost - £150-£160
iZettle Contactless 2 Card Payment Device Cost
iZettle’s PDQ machine is another lower cost, good value terminal, with a range of excellent functions available for small businesses, or businesses just starting out.
As well as these features mentioned, the iZettle payment device also offers a 30% better battery life than other top competitors, meaning that your business can keep taking money as long as you need.
- iZettle Contactless 2 PDQ Machine Cost - £50
- Transaction Fees - 1%+
Ingenico iWL250 Wireless Credit Card Machine Cost
Designed for mobility and ease-of-use, the Ingenico iWL250 PDQ machine is an excellent choice for a range of businesses. Especially suitable for those spaces where it is difficult to have just one location for payments, this terminal can help your staff and customers.
To use this terminal, you will need to have a merchant account, which will allow you to take money and continue selling effectively. There are huge number of options available for this - visit our page to compare merchant services today.
Though it is one of the more expensive options included on this list so far, Ingenico’s terminal is an excellent choice. Indeed, it offers some of the highest level of features available, with everything you could need included.
- Ingenico iWL250 PDQ Machine Cost - £350-£400
EFT Vega3000 Countertop Terminal
The EFT Vega3000 terminal is a good choice if your business can work with just a single payment point. The machine is versatile and sturdy, with a range of features that make it perfect for almost anything you need.
This PDQ machine option can take payments from all major payment cards, and can significantly improve your payment taking efficiency.
- EFT Vega3000 Countertop PDQ Machine Cost - £300-£400
PDQ Machine Fees
As mentioned above, the range of costs and fees associated with PDQ terminals are a little more complicated than simply buying one and then using it. On this page, we have created content to try and explain the various types of payment that you can expect when it comes to purchasing and installing a PDQ machine for your business.
The actual costs associated with each type of fee will vary depending on a number factors - from business size to number of sales - but the list below covers all of the main costs that you will encounter.
Though it is not always applicable, it may also be worth considering rental costs if your business is looking for an alternative to purchasing outright.
Upfront PDQ Costs
The upfront cost is the first to consider when it comes to either buying or renting a PDQ terminal. Before this even, you should be aware of which machines you require, and how many of them you need. If you need to take payments both in and out of store, for example, then you will need to invest in at least two terminals.
PDQ providers will usually offer better deals to clients that require more than one terminal, and they will generally also include the other fees within the package.
For upfront PDQ costs, you can usually expect to pay as little as £30, though this price will only get you the most basic functionality. A more advanced terminal will cost around £100, whilst the most advanced may come in at around £200.
- Basic PDQ Terminal Cost - £30-£50
- Mid-Level PDQ Terminal Cost - £80-£120
- Advanced PDQ Terminal Cost - £180-£200
PDQ Usage Fees
Amerchant account is required for your business to begin processing payments. The account you opt for will dictate your usage fees - these fees are generally calculated by working out the number of payments you are likely to process along with the liability that the account provider faces.
Fees are generally calculated by a percentage of each transaction price. The percentage applied usually ranges from between 2% and 5%, depending not only on the product cost, but also on the card being used to make the transaction.
Monthly PDQ Fees
PDQ machines often have monthly payments required, particularly if you are renting one or more terminals. These monthly costs will depend on the equipment you are using, as well as on the number of terminals you are using.
Merchant account fees, on the other hand, are usually small, with some account suppliers not expecting monthly fees at all, instead recuperating their costs from the commision they take on each transaction.
Aside from rental or lease costs, the most typical monthly fee is the minimum usage cost. This will ensure that, even if your business has slower months where the minimum transaction amount is not reached, your account supplier will still be able to make money.
This minimum payment fee will usually be between £15 and £20 a month though, so it is unlikely that many businesses will ever need to worry about it.
Contract fees will vary depending on a number of factors - mostly these will be dictated by the account supplier, but will also be influenced by your choices in equipment, as well as in the revenue you take in.
Initial contract set-up fees will range from £100 to £200, though this will not always be the case. The most important consideration in this field will be to do with the length of a contract and the flexibility it offers.
If you have only recently started your business then it is important to consider growth that you might have in the future. In this case, it is important to make sure that you are not limited by the contract you sign up for in the first place.
PDQ Machine Rental Fees
Renting a PDQ machine is a good option if you do not have the money to be able to purchase a terminal outright, or even you would simply prefer not to own the machine for any other reason.
Renting does offer some benefits, mainly in the form of repair and support, both of which are generally included in your contract. It is also normally possible for businesses to upgrade their PDQ equipment at various points within a contract if they require more advanced or more functional equipment.
Deciding whether you would like to rent or purchase your equipment will depend on a number of things. Knowing what is best for your business will, of course, depend entirely on what is more likely to work for you.
Compare PDQ Machine Costs
The information on this page has been designed to provide your business with as much information as possible about the costs and fees that you might encounter when purchasing, renting or installing a new PDQ machine.
Though this information provides a good amount of detail as to the various, for the most accurate quotes possible, you should speak to UK suppliers today - Approved Index can help here.
To compare PDQ machine costs today, simply complete the quick and easy form at the top of this page. Comparing quotes with Approved Index is free, quick and easy, and it could save your business as much as 40%
Compare PDQ Machine Costs Today With Approved Index.