A new mobile app called tapeeno has been launched to help self-employed individuals and small businesses process payments more quickly and manage cashflow. The app can be downloaded onto any Android phone and transforms it into a card payment machine without the need for additional hardware. Transactions are processed within an hour, significantly reducing funding delays that businesses often experience with traditional card machines or payment acceptance devices.
tapeeno accepts contactless payments made with Mastercard and Visa and is ideal for sole traders, growing ventures, and individuals who process £2,500 or less per month. There are no long-term contracts or hidden costs, and customers only pay a 1.50% fee per transaction once they are approved. This makes it a cost-effective and flexible choice for those who need to manage their cashflow carefully.
Jaime Lowe, Sales Director of UTP Group, which developed tapeeno, explained that the app was designed as a quick, convenient, and secure payment solution for small businesses and sole traders who don’t want to commit to upfront costs or long-term contracts.
To sign up for tapeeno, customers need to complete an online application form and provide the required ID. Approvals are processed within 24 hours, and the app can be downloaded from the Google Play Store. For more information, visit the tapeeno website at https://tapeeno.com/.