Lopay: UK 2026 Pricing & Fee Calculator
Lopay is a low-cost app-based card reader that prices by payout speed: 0.79% for weekly payouts, 0.99% for next-day, with no monthly fee and no contract.
What Lopay charges
| Fee | Rate |
|---|---|
| Essential (weekly payouts) | 0.79% |
| Standard (next-day payouts) | 0.99% |
| Instant payouts | 1.79% |
| American Express | +1.00% surcharge |
| Monthly fee | None |
How the fees work
Lopay structures its rates around how quickly you want your money. The Essential plan pays out weekly at 0.79% per in-person card, the Standard plan pays out next day at 0.99%, and instant payouts cost 1.79%. There is no monthly fee and no contract on the reader or Tap to Pay.
Watch the surcharges the headline rate hides: American Express adds 1.00% on top of the base rate, and non-GBP cards carry a 2% FX surcharge. Payments are processed through Stripe (FCA-authorised), and Lopay expects an average transaction of around 20 pounds.
The reader is cheap to start with, at around 35 pounds plus postage for your first device through the app (49 pounds via the online store or for extra readers). Tap to Pay on a phone is also available for a small extra per-transaction fee.
Check the official pricing
Fees change. Confirm the current rate at Lopay pricing.