PayPal Point of Sale

PayPal Point of Sale is the in-person payments service PayPal built on iZettle, a Stockholm start-up founded in 2010 by Jacob de Geer and Magnus Nilsson. PayPal bought it in 2018 for a reported $2.2 billion, renamed it Zettle by PayPal in 2021 and gave it the PayPal Point of Sale name from 2 June 2026. The card reader is now sold as PayPal Reader and the countertop device as PayPal Terminal.

It is aimed at small shops, cafés, market traders and others that take payments face to face. Merchants run a free POS app on a phone or tablet with a reader, or use Tap to Pay on the phone itself, and can accept Visa, Mastercard and American Express, contactless phones and PayPal QR codes. In the UK it is provided by PayPal UK Ltd, an electronic money institution authorised by the FCA under firm reference 994790. Takings go to the merchant's PayPal business account, usually at once and at the latest within the business day, and can be moved to a bank without a fee.

UK pricing is public. In-person card and wallet payments cost 1.75%, with no monthly fee or contract. PayPal QR payments at 1.75% and invoices at 2.5% are limited to sellers who joined before 8 May 2023, and payment links are closed to new sellers for now. The reader costs £29 plus VAT for a new business's first device and £69 for extra ones, and the Terminal starts at £149.

The service runs in the UK, Sweden, Denmark, Finland, Norway, Germany, the Netherlands, France, Spain, Italy and Mexico; the Brazilian business closed in April 2023. Accounts are tied to the country of registration, so in the UK only UK residents and UK-authorised companies can sign up. It suits small merchants who already use PayPal or want flat pricing without a contract, but offers little for multi-country or heavily integrated setups.