Many payment apps are available for small businesses in the UK, each with unique features and benefits. Let’s look at five popular options – Stripe, PayPal, Monzo, Square and SagePay.
- Stripe is a payment processing platform that allows businesses to accept payments online and in-person. It offers a range of features, including support for multiple currencies, fraud protection, and the ability to customize the checkout process. Stripe is easy to set up and use, making it a popular choice for small businesses.
- PayPal is another well-known payment app that allows businesses to accept payments online and in person. It offers fraud protection and the ability to send invoices and request customer payments. PayPal also allows businesses to set up recurring billing for subscription-based services.
- Monzo is a digital bank that offers a range of features for small businesses, including a business bank account and a payment app. The Monzo app allows businesses to accept card payments and send invoices to customers. It also offers features like spending insights and the ability to manage multiple user accounts.
- Square is a payment app that allows businesses to accept payments online and in-person using a variety of devices, including smartphones and tablets. It offers features like inventory management and the ability to track sales and customer information. Square is easy to set up and use, making it a popular choice for small businesses.
- Sage Pay is a payment processing platform that allows businesses to accept payments online and in person. It offers fraud protection and the ability to customise the checkout process. Sage Pay also integrates with various accounting and invoicing software, making it a convenient option for businesses that need to manage their finances.