Mottopay.com Review

Based on checking the website Mottopay.com, it appears to be a legitimate payment processing and EPOS system provider primarily targeting businesses in the UK.

Read more about mottopay.com:
Mottopay.com Review & First Look: A Critical Examination
Mottopay.com Features: An In-Depth Look at Offerings
Mottopay.com Pros & Cons: An Impartial Assessment
Mottopay.com Alternatives: Exploring Ethical Payment Solutions
Does Mottopay.com Work: An Examination of Functionality and Operations
Is Mottopay.com Legit: Verifying Credibility and Trustworthiness
Is Mottopay.com a Scam: Analyzing Red Flags and Reassurances
Mottopay.com Pricing: Understanding the Cost Structure
How to Cancel Mottopay.com Subscription: Navigating Termination
mottopay.com FAQ

The site highlights features such as “unbeatable payment processing fees,” “Next Day Settlement,” “Modern Card Terminals,” and “24/7 Customer Service and Support.” They offer solutions for in-store payments Card Machines, online payments eCommerce, and advanced EPOS systems for inventory management and sales reporting.

The company also mentions its affiliation with EVO Payments UK, which is regulated by the FCA, lending a degree of credibility to its operations. mottopay.com FAQ

Here’s an overall review summary:

Overall Review Summary:

• Service Offering: Payment processing solutions including card machines, online payments, and EPOS systems.
• Target Audience: Small, medium, and large enterprises, particularly in the UK.
• Key Selling Points: Competitive fees, next-day settlement, 24/7 customer support.
• Regulatory Compliance: Affiliated with EVO Payments UK, which is regulated by the FCA FRN number 653606.
• Disclaimers: Includes financial and editorial disclaimers, advising users to conduct their own research and noting that information provided does not constitute financial advice.
• Transparency: Provides contact information email and phone, terms & conditions, and privacy policy.
• Trust Indicators: Displays a Trustpilot link and claims “5* awarded onboarding teams.”
• Ethical Considerations: The core service of payment processing itself is permissible from an Islamic perspective as it facilitates legitimate trade. However, users should be mindful of the “Next Day Banking Settlement service” fee £4 a month, as any fixed fee on top of a transactional fee structure should be carefully scrutinized to ensure it does not involve elements of riba interest or gharar excessive uncertainty. While the website doesn’t explicitly mention interest-based loans or credit facilities provided by Mottopay directly, their partnership with EVO Payments UK means businesses using their services should independently verify EVO’s practices to ensure adherence to Islamic finance principles, especially concerning any credit extended or financing options. The website also mentions “terminal hire contract” which could imply rental agreements, and ensuring these are structured ethically without hidden interest charges is crucial.

Mottopay positions itself as a simplified payment solution provider.

They emphasize their ability to tailor packages to specific business needs, stating, “Our team of card payment specialists will gain a comprehensive understanding of your business needs and tailor a package that suits your business best.” This personalization aspect can be appealing to businesses looking for bespoke solutions rather than one-size-fits-all approaches.

The promise of quick setup—”as quickly as 24 hours from sign up”—is another strong selling point, especially for businesses keen on rapid deployment of payment infrastructure. How to Cancel Mottopay.com Subscription: Navigating Termination

However, the financial disclaimer is a critical piece of information. It explicitly states, “To be eligible for the one-month rolling terminal hire contract provided by motto merchant services ltd, customers must have switched from their current acquirer to EVO Payments UK, arranged through motto merchant services ltd.” This links their service directly to EVO Payments UK as the card acquirer, which means the ethical implications of EVO Payments’ practices become relevant for a user seeking a fully Shariah-compliant solution. For instance, while Mottopay might facilitate the transaction, the underlying acquiring bank’s operations, particularly regarding how they handle funds, charge fees, and offer any credit lines, need to be understood in detail. The fee of £4 a month for “Next Day Banking Settlement service” is a flat fee, which is generally acceptable as long as it’s a service charge and not tied to the amount of funds or a time-value of money concept. The key is that payment processing itself is facilitating trade, which is encouraged in Islam, but the mechanisms and fees must avoid riba or excessive gharar.

For businesses and individuals committed to ethical financial practices, it’s paramount to delve deeper into the terms and conditions of EVO Payments UK and Mottopay’s specific contracts. This includes understanding the nature of any “terminal hire contract”—is it a pure rental, or does it contain a financing component? Are there late fees or penalties that could be construed as riba? The website’s general statements are insufficient for a comprehensive ethical review, necessitating direct inquiry and scrutiny of contractual agreements.

Best Alternatives for Ethical Business Payment Processing Non-Edible Products/Services:

When considering payment processing and business tools from an ethical perspective, especially avoiding riba interest and gharar excessive uncertainty, alternatives should prioritize clear, transparent fee structures, and services that facilitate legitimate trade without recourse to interest-based financing or speculative elements.

1. Square Mottopay.com Pricing: Understanding the Cost Structure

   • Key Features: Comprehensive POS system, online store builder, invoicing, virtual terminal, hardware for card payments, transparent pricing fixed percentage per transaction.
   • Price: Transaction fees typically range from 2.6% + 10¢ for in-person transactions to 2.9% + 30¢ for online transactions. Hardware costs vary.
   • Pros: User-friendly, suitable for small to large businesses, extensive ecosystem of business tools, no monthly fees for basic service.
   • Cons: Higher transaction fees for very high-volume businesses compared to some custom solutions, relies on a standard financial infrastructure which may require user vigilance regarding related banking services.

2. Stripe

   • Key Features: Developer-friendly API for custom integrations, online payment processing, invoicing, subscription management, fraud prevention tools, global reach.
   • Price: Typically 2.9% + 30¢ per successful card charge for online payments. Custom pricing for large volumes.
   • Pros: Highly customizable, robust infrastructure, excellent for e-commerce and SaaS businesses, strong security features.
   • Cons: Requires technical expertise for full utilization, less focused on in-person POS hardware, standard financial terms apply to their services.

3. PayPal Zettle formerly iZettle

   • Key Features: Mobile POS solution, card readers for in-person payments, inventory management, sales reporting, integrated with PayPal ecosystem.
   • Price: Transaction fees vary, generally around 2.29% + 9¢ for in-person transactions, and standard PayPal fees for online transactions.
   • Pros: Easy setup, good for small businesses and mobile operations, seamless integration with PayPal accounts.
   • Cons: May have slightly higher fees for some transaction types, primarily for in-person, less robust online store builder than dedicated platforms.

4. Shopify Payments

   • Key Features: Integrated payment processing for Shopify e-commerce stores, no transaction fees beyond credit card rates for using Shopify Payments, supports various payment methods.
   • Price: Included with Shopify subscription plans ranging from $29/month to $299/month, transaction fees vary by plan e.g., 2.9% + 30¢ for Basic Shopify plan.
   • Pros: Highly convenient for Shopify store owners, simplified reconciliation, supports global sales.
   • Cons: Only available to Shopify merchants, business is tied to the Shopify ecosystem.

5. Clover

   • Key Features: Full-service POS systems hardware and software, payment processing, loyalty programs, online ordering, business management tools.
   • Price: Hardware costs vary, monthly software fees, and transaction fees e.g., 2.3% + 10¢ for in-person transactions.
   • Pros: Comprehensive solution for retail and restaurants, scalable for different business sizes, attractive hardware.
   • Cons: Can be more expensive than purely software-based solutions, typically requires a merchant account with a bank.

6. Toast Specialized for Restaurants Is Mottopay.com a Scam: Analyzing Red Flags and Reassurances

   • Key Features: Restaurant-specific POS, online ordering, delivery management, loyalty programs, inventory, payroll, specialized hardware.
   • Price: Varies based on hardware and software modules, typically monthly fees plus transaction fees.
   • Pros: Tailored for the unique needs of restaurants, robust features for front and back-of-house operations.
   • Cons: Niche solution, potentially higher initial investment due to specialized hardware.

7. Zoho Books for Invoicing and Payment Integration

   • Key Features: Full accounting software with invoicing, expense tracking, and integration with various payment gateways Stripe, PayPal, Authorize.Net.
   • Price: Subscription plans for Zoho Books e.g., Standard plan at $20/month plus transaction fees from integrated payment gateways.
   • Pros: Comprehensive accounting and invoicing, allows businesses to use their preferred ethical payment gateway, cloud-based.
   • Cons: Not a direct payment processor, but an accounting solution that integrates with them. requires separate payment gateway setup.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Is Mottopay.com Legit: Verifying Credibility and Trustworthiness