Flatpay
7.9Card payment processing platform for small and medium businesses in Europe.
Strengths
- Flat-rate pricing per transaction is easy to understand and compare against a bank's tiered rates
- Terminals are typically set up and taking payments the same day
- Onboarding is done by a local rep in person in several markets, rare for a payments company at this size
- No long lock-in contracts common with traditional bank terminal leases
Trade-offs
- Only available in a handful of European countries so far, mainly Nordic and Western Europe
- Built for in-person card payments — not a fit for an online-only or US-based business
- Fewer POS and accounting software integrations than larger, more established payment platforms
Alternatives to Flatpay
Other Finance tools worth a look.
Use cases
- Accepting in-person card payments at a retail shop, salon, or restaurant
- Getting a payment terminal installed and working the same day, without a long contract
- Wanting one flat transaction rate instead of tiered interchange-plus pricing
- Getting hands-on, in-person setup help rather than a self-serve signup flow
Flatpay's whole premise is a reaction to how confusing traditional merchant payment terminals are: tiered interchange rates, long lease contracts, and a sales process built for banks rather than shop owners. Flatpay instead offers one flat rate per card transaction, a terminal that typically gets installed and working the same day, and — unusually for this category — an actual person who shows up to help a small business owner set it up.
That in-person, high-touch onboarding is both its strongest differentiator and its natural limit: it only scales to the European markets Flatpay has actually built local sales and support teams in, mostly Nordic and Western European countries so far. If your business takes in-person card payments in one of those markets, the flat pricing and fast setup are a genuine relief compared to a bank's fee schedule. If you sell online, or you're outside its current coverage area, it's simply not built for you yet.
Verdict: a refreshingly simple, fairly priced terminal for brick-and-mortar businesses in the European markets it serves — check coverage in your country before getting attached to it.