Payment Save

What Payment Save does

Payment Save UK Limited is a privately held UK-based merchant acquirer and payment solutions provider, headquartered in Romford, England, founded in 2016 and operating with a workforce of 11-50. The company sells card payment acceptance services to UK small and medium-sized businesses across retail, hospitality, mobile service, and e-commerce segments, claiming a customer base of over 10,000 merchants. Its product portfolio centers on three card terminal form factors (countertop, portable, and mobile) sourced from hardware partners Ingenico and Poynt, supporting chip-and-PIN, contactless, Apple Pay, Google Pay, and all major card networks. Payment Save does not appear to operate its own processing infrastructure; instead, it acts as an FCA-authorised agent/reseller routing transactions through third-party processors Elavon, Cardstream, and Opayo, and is licensed in association with multiple merchant acquirers for card transaction processing.

The business generates revenue through three streams: per-transaction acquiring fees on card payments (its primary stream), sale or rental of card terminal hardware, and interest income on merchant cash advances of £2,500 to £500,000 disbursed within 24-48 hours. Pricing is quote-based rather than publicly disclosed, and the company emphasizes low transaction fees, transparent no-hidden-fee billing, next-day settlement seven days a week, and 24/7 UK-based support as core differentiators. Distribution is entirely domestic UK, executed via direct phone sales, web quote requests, and live chat, with marketing conducted through the company website, organic social channels (Facebook, Twitter, LinkedIn, Instagram), email, and a portfolio of free SEO-driven calculator tools. The company holds FCA authorisation and PCI-DSS compliance through its processor partners, and is expanding its product surface into integrated EPOS systems, online payment gateway services, and a newly listed business bank account offering, positioning itself as a one-stop SMB financial services provider in the UK.

Name

Payment Save

Legal name

Payment Save UK Limited

Website

https://paymentsave.co.uk/

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Payment Save UK Limited is a Romford-based, FCA-authorised merchant acquirer providing card machines, EPOS, online payments, and merchant cash advances to over 10,000 UK small and medium-sized businesses across retail, hospitality, and e-commerce segments.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF)

Keywords

• Card payment processing
• Merchant services
• Card machine terminals
• EPOS systems
• Merchant cash advance

Headquarters

HQ city

Romford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Card Transaction Processing: Fees charged per card transaction processed through their card machines. The company emphasizes low transaction fees as a key differentiator.
2. Merchant Cash Advances: Provides business funding from £2,500 to £5,000 with quick approval and flexible repayment options. Revenue generated through interest on advances.
3. Card Machine Hardware: Sale or rental of card machines including countertop, portable, and mobile card readers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Payment Save provides card payment processing and merchant services to UK small and mid-sized businesses. The portfolio spans countertop, portable, and mobile card machines that accept chip-and-PIN, contactless, Apple Pay, Google Pay, and all major credit and debit cards, together with an integrated EPOS system, an online payment gateway, a virtual terminal for phone and internet orders, and merchant cash advances from £2,500 to £500,000 for working capital.

Product overview

Payment Save offers a unified payment processing platform for UK businesses centered around card payment terminals. The core product portfolio includes three card machine types (Countertop, Portable, and Mobile) that accept contactless, chip-and-PIN, mobile wallet (Apple Pay, Google Pay), and all major credit/debit cards. The offering is complemented by an EPOS system for integrated point-of-sale operations, Online Payments for e-commerce, and Merchant Cash Advance for business funding. Free calculator tools (UK Revenue Tax Calculator, Merchant Loan Calculator, Card Transaction Fee Calculator, and others) support the financial needs of their merchant customers. The company positions itself as a one-stop solution for payment acceptance, business financing, and operational tools for UK businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Card Machines Card payment terminals for UK businesses enabling secure in-person card transactions including contactless, chip-and-PIN, and mobile wallet payments (Apple Pay, Google Pay) across all major card schemes.
• Countertop Card Machine Fixed countertop card reader designed for retail shops, restaurants, and salons with dedicated checkout areas, supporting contactless, chip-and-PIN, and mobile wallet payments.
• Portable Card Machine Wireless, battery-powered card reader for table-service restaurants, pubs, and market stalls, with real-time reporting and flexible connectivity for roaming payment collection.
• Mobile Card Machine Compact, battery-powered card reader built for mobile businesses, enabling contactless payments on the go with simple setup for taxi, delivery, and mobile service operators.
• EPOS System Electronic Point of Sale system that integrates with card machines to streamline retail and hospitality operations such as stock, orders, and payment reconciliation.
• Online Payments Secure online card payment gateway that lets UK merchants accept card payments via websites and e-commerce stores, including virtual terminal support for phone orders.
• Merchant Cash Advance Business funding solution for UK small businesses, providing cash advances from £2,500 to £500,000 with 24–48 hour approval and flexible repayment tied to card takings.
• Business Bank Account Business bank account offering referenced on the Paymentsave website for UK merchants alongside card processing and cash advance services.

Quantifiable outcome

• Setup completed in as little as 3 days
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• ElavoncoreOthersPayment processor partner handling card transaction processing. Elavon is a global payment technology company providing payment processing services.
• CardstreamcoreTechnology or IntegrationPayment gateway provider integrated into Paymentsave's online payment processing solutions.
• OpayocoreTechnology or IntegrationPayment processor integrated for transaction processing services.
• INGENICOcoreTechnology or IntegrationCard machine hardware provider for countertop, portable, and mobile payment terminals.
• Merchant Acquirers (Unnamed)coreChannel Partner/ Reseller/ DistributorPaymentsave is officially licensed and works in association with a number of Merchant Acquirers who undertake the processing of card transactions.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Worldpay: Worldpay is one of the largest UK and global merchant acquirers, providing card processing infrastructure used by Paymentsave's acquirer partners and competing for the same end merchants at the enterprise and mid-market tier.
• Stripe: Stripe is a dominant online payments platform that competes with Paymentsave's Online Payments product and increasingly in-person products, with a much broader product portfolio.
• Tyl by NatWest: Tyl is NatWest's card payment acceptance business for UK merchants, offering card machines and acquiring services to small and larger businesses in the same market as Paymentsave.

Direct peers

• Takepayments: Takepayments supplies card terminals and merchant services to UK SMBs with a similar direct-sales model and product set (card machines, online payments, cash advances), competing directly with Paymentsave.
• Square (Block): Square offers hardware card readers, POS software, and merchant payment processing aimed at small businesses, overlapping directly with Paymentsave's countertop, portable, and mobile card reader products.
• Dojo: Dojo is a UK-focused card payment provider for small and mid-sized merchants, offering card machines and next-day settlement — a near-direct competitor to Paymentsave in the UK SME segment.
• SumUp: SumUp provides card readers and payment processing for small merchants across the UK and Europe, directly competing with Paymentsave's core card-machine business for SME accounts.
• Zettle by PayPal: PayPal Zettle sells card readers and payment processing to UK SMBs, competing head-to-head with Paymentsave on chip-and-PIN, contactless, and mobile wallet acceptance.

Emerging players

• Revolut Business: Revolut Business bundles payment acceptance with business accounts and expense tools for UK SMBs, increasingly overlapping with Paymentsave's bundled offering of payments, banking, and financing.

Others

• Cardstream: Cardstream is one of Paymentsave's named payment gateway partners; as a payment gateway provider, it sits in the same value chain and is a comparable platform for processing online card transactions for merchants.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/Paymentsave22
• Facebookfacebook.com/paymentsave.uk
• LinkedInlinkedin.com/company/paymentsaveuk
• Instagraminstagram.com/paymentsave

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Payment Save