Cofounder of Lopay here - we have the same mission: offer free payments to businesses, but we're working with existing networks to do this.
QR code payments are particularly hard in countries like US and UK as you're trying to change consumer behaviour. I tried doing this in 2014 and again in 2019 - both failed to gain traction (aside from during COVID).
In the UK it's possible to accept card payments for 0% via Lopay, but only if you spend your earnings on our card (essentially, passing the fees onto the merchant/supplier you're paying). We're launching the same proposition in the US soon too.
If you don't use our card, our headline rate is 0.79%.
We're a lean team of just 36, supporting over 40k weekly transacting businesses with £1B+ in card processing. If anyone reading this is interested in this space, we're hiring and on the look out for driven people to join us!
QR code payments are particularly hard in countries like US and UK as you're trying to change consumer behaviour. I tried doing this in 2014 and again in 2019 - both failed to gain traction (aside from during COVID).
In the UK it's possible to accept card payments for 0% via Lopay, but only if you spend your earnings on our card (essentially, passing the fees onto the merchant/supplier you're paying). We're launching the same proposition in the US soon too.
If you don't use our card, our headline rate is 0.79%.
We're a lean team of just 36, supporting over 40k weekly transacting businesses with £1B+ in card processing. If anyone reading this is interested in this space, we're hiring and on the look out for driven people to join us!