Payanywhere review

Payanywhere suits vendors whose sales are mostly small, because the pay-as-you-go plan charges 2.69% for every swipe, dip or tap with no fixed cents added. On a $4 sale that costs about 11¢, less than Square Free or SumUp, while on a $100 sale PayPal's 2.29% + $0.09 is cheaper. The 3-in-1 Bluetooth reader takes EMV chip, contactless and magstripe cards and pairs with a phone or tablet, and Tap to Pay on iPhone works with no reader at all. Payanywhere includes inventory, employee and customer management, and offers same day or next day funding. Keyed payments and invoices cost 3.49% + $0.19. There is no monthly fee, but a $3.99 inactivity fee applies to merchants who go 12 months without a transaction, which matters for vendors who only sell at an annual fair. The service is available only in the United States.

Who it is for

US vendors who want one flat percentage with no fixed fee per tap

Price

Pay as you go: 2.69% per swipe, dip or tap; keyed 3.49% + $0.19; no monthly fee; $3.99 inactivity fee only after 12 months with no transactions.

Swipe, Dip, or Tap: 2.69%
Quoted from the vendor pricing page on November 11, 2026.

Key features

• Pay-as-you-go rate of 2.69% for swipe, dip or tap
• 3-in-1 Bluetooth reader for EMV chip, contactless and magstripe cards
• Tap to Pay on iPhone with the Payanywhere app
• Inventory, employee and customer management included
• Same day or next day funding

Strengths and weaknesses

• Strength: No fixed per-transaction fee on card-present sales
• Strength: Hardware can be placed free or bought
• Strength: Same day funding option
• Weakness: 2.69% is higher than PayPal's 2.29% on larger tickets
• Weakness: Keyed and invoice payments cost 3.49% + $0.19
• Weakness: $3.99 a month inactivity fee after 12 months without a transaction

Key facts

• In-person rate: 2.69%
• Keyed rate: 3.49% + $0.19
• Monthly fee: $0 on pay as you go
• Inactivity fee: $3.99 a month after 12 months idle
• Availability: United States only

Where it ranks

Payanywhere is No. 8 in our Best POS Systems for Market Vendors verdict.