LONDON, April 2, 2025 /PRNewswire/ — MyGuava Business helps small and medium-sized businesses in the UK to manage the challenge of payment processing fees, which have long been an unavoidable cost of operation. Whether through in-store POS terminals or online transactions, these fees directly impact profit margins, often leaving smaller businesses at a disadvantage compared to larger enterprises.
Lowering Costs, Elevating Business
Traditional payment providers have maintained high transaction fees for years, offering limited alternatives to smaller businesses. MyGuava Business is changing this by providing local businesses with high-quality payment solutions that big enterprises enjoy but at a significantly lower cost, thanks to technology that was built in-house.
For in-store payments, our advanced POS terminals enable seamless transaction processing at just 0.6% per transaction on debit cards – a stark contrast to the industry standard range of 0.99%-2.5% (according to startups.co.uk report). This cost reduction translates into significant savings. Last year alone MyGuava Business onboarded a sizable number of small and medium size businesses across the UK. “We help SMEs save on transactions with our advanced fintech solutions – so they can focus on growth,” said Anar Jafarli, Head of Sales at Guavapay.
Beyond Payments: A Comprehensive Business Tool
A payment terminal should do more than process transactions. With every POS terminal purchase, a free corporate account is provided. This account functions as a fully integrated platform that allows these businesses to:
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Track transactions in real time
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Manage business finances more effectively
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Streamline reconciliation and reporting
These added features ensure that businesses not only save on transaction fees but also gain greater control over financial operations – without incurring additional costs.
This means UK local businesses can operate with confidence, knowing they have a secure and cost-effective payment solution that works for them – not against them.
A Transparent, Business-First Approach
MyGuava Business does not rely on hidden charges or complex pricing structures. Instead, our model is built on:
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Predictable, low-cost transaction fees
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Cutting edge technology for seamless in-store and online payments
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A free corporate account for enhanced financial visibility and control
For small and medium-sized businesses looking to maximise revenue retention while maintaining operational efficiency, this approach presents a clear advantage.
