A new app called tapeeno has been launched to help small businesses and self-employed individuals process payments more quickly and reduce funding delays. This innovative app can instantly transform any Android phone into a card payment machine without the need for additional hardware, and processes card payments within an hour. This is a significant improvement compared to other card machines or payment acceptance devices which often experience funding delays of up to four days.
Developed by UTP Group, tapeeno is ideal for sole traders, growing ventures, and individuals processing £2,500 per month or less. The app uses Faster Processing technology, which allows for a quicker transaction process, making it more reliable and safe for businesses that need to manage cash flow carefully. There are no fixed costs or hidden charges, and once approved, customers only pay a 1.50% fee per transaction.
Jaime Lowe, Sales Director of UTP Group, said: “tapeeno was developed as a quick, convenient and secure card payment solution for small businesses and sole traders that don’t want to commit to upfront costs or long-term contracts. It’s ideal for self-employed individuals turning over less than £2,500 a month who need a reliable and safe way to process client payments.”
To sign up, customers need to complete an online application form and download the tapeeno app from the Google Play Store on their Android phone. Customer approvals are processed within 24 hours, and tapeeno accepts all contactless payments made by Mastercard and Visa.
In summary, tapeeno is a flexible and cost-effective choice for businesses that need to manage cash flow carefully and process payments quickly. For more information about tapeeno and how to apply, visit their website at https://tapeeno.com/.
