Always know how much you’ll get.

Once you’re setup, you can start receiving payments directly to your bank account for as little as 0.3% of the transaction value.

0.3%

per successful transaction

£0 Monthly Costs

+

0.25% – 1% Cashback

  • Instant payout

    No clearing or settlement time – receive transaction payments within seconds on your bank account.

  • Low cost

    No subscription fees, no terminal cost, low transaction fees.

  • Secure payments

    No card numbers or magnetic stripes. Two-step authentication required.

Do you process more than £100,000 a year?

If so, we’d be happy to have a chat with you about how we could tailor our service to fit your business perfectly. Get in touch.

Frequently asked question:

HOW DO YOU SIGN UP FOR A MERCHANT ACCOUNT?

Simply download the FaizPay App from The App Store or Google Play Store and follow the in-app signup process. Start by creating a new account with your email address, then fill in your business details.

HOW DO I TAKE PAYMENTS?

You can request a payment via the FaizPay Merchant app. Once you are logged in, click on the ‘Terminal’ tab and type in the payment amount and click on the ‘Request payment’ button. A payer will be able to accept a payment on their mobile via the FaizPay App. 

HOW MUCH DOES IT COST TO TAKE PAYMENTS VIA FAIZPAY?

Our subscriptions are tiered. The FaizPay transaction fee is 0.3%. If you’d like to offer cashback to attract new customers, up to 1% of the transaction value will be added to the fee.

HOW DO I PROMOTE MY BUSINESS ON FAIZPAY?

FaizPay offers merchants an opportunity to promote their products or services with first-time and regular discounts. Click on the ‘Offers’ tab where you can add your discounts.