Lopay offers an affordable and adaptable payment solution that allows businesses to choose their preferred rate and payout schedule, whether that's instantly or on a monthly basis. It is designed to provide maximum flexibility for merchants in managing their transactions and cash flow. This service aims to simplify the process of accepting payments and managing earnings through a user-friendly platform.
With Lopay, merchants can accept payments conveniently via a mobile app or Bluetooth-enabled card reader. Customers can also add tips easily during the payment process, enhancing the overall customer experience. Additionally, the platform allows for quick addition of team members, along with control over their access, streamlining staff management and operational oversight.
The solution provides detailed financial insights through clear reports that break down income daily, weekly, or monthly. Payments can be received directly into a bank account with flexibility, allowing merchants to choose when they want to access their funds—be it the same day, the following day, or later in the week, even during weekends. This feature supports better cash flow management for businesses of all sizes.
Furthermore, Lopay offers a free expense and rewards card to help offset its standard 1.99% processing fees. The platform emphasizes ease of use, with quick onboarding so that merchants can start processing payments within minutes. Support is readily available through the app or via email to ensure users receive help whenever needed, making Lopay a reliable and efficient payment partner for businesses seeking simplicity and cost savings.