Accept payments anytime, anywhere

GoSolo Checkout allows you to accept card payments online and in person directly with your business account app. It also has a QR code and payment link options that create a checkout page for your clients. No app or account is required to pay, making the checkout hassle-free and secure.

We charge 1.49% + 20p for all types of card payments accepted.

This is how it works. Let's say you accept a card payment of £100:

• 1.49% of £100 is £1.49 (the percentage fee)
• On top of that, we add a flat fee of 20p

So, for a £100 transaction:

• Percentage fee: £1.49%
• Flat fee: 20p
• Total commission: £1.49 + 20p = £1.69

The fees are automatically deducted from your payout amount. After deducting them, you will receive £98.3.

We are working hard to bring international payments and currency exchange directly to the GoSolo app, but at the moment, these features are not available.

For now, you can use alternative services such as Payoneer, Paysend, or Wise to send and accept payments from abroad.

The limit on making payments using online banking and inbound payments is £50,000 per transaction.

Card limit is £1000 per transaction, £5000 per day.

GoSolo only opens business accounts. Please bear this in mind: your account is not a personal one. 

We recommend that you consult with your accountant on ways you, as an owner or director, can get paid from a GoSolo business account.

What follows may not, under any circumstances, be treated as official advice from us. We do not accept any liabilities.

As a general rule, there are several ways a company can pay its individual owner:

1. Pay a salary
2. Pay a dividend
3. Lend a loan

Each option requires careful consideration from the tax and legal points of view, especially if the individual is not a UK resident. There is no general rule that can cover all possible scenarios.

You cannot deposit cash into your GoSolo business account. We are constantly making changes to GoSolo, and if cash deposit is an important feature to you, please let us know at we@gosolo.net.

Direct Debit is not a part of the GoSolo offering yet. But we are constantly adding new functionality to the GoSolo app and are determined to deliver Direct Debit soon.

When you're getting paid more than £100 in person, using a POS terminal or card reader device, customers usually need to enter their PIN to proceed with the payment. GoSolo doesn't provide any hardware devices, but you still can use the tap-to-pay feature on your phone to accept payments over £100 offline. Due to the “PIN on Glass” technology, your customers can enter their card PIN right on the phone screen to release larger card payments.

Tap to Pay is a secure way to make contactless payments. Here's what makes Tap to Pay safe:

• One-Time Codes: Instead of transmitting your actual card details, Tap to Pay uses near-field communication (NFC) to send a unique, encrypted code for each transaction. Even if someone intercepts this code, it can't be used for future purchases.
• Short Range: NFC has a very limited range (usually a few centimetres). 
• Security Measures: Most mobile wallets and contactless cards require additional security measures like fingerprint or PIN verification before processing payments, adding another layer of protection.

Tap-to-pay is a contactless payment method that lets you pay quickly and securely by holding your phone, watch, or credit card near a payment terminal (GoSolo mobile app). It uses near-field communication (NFC) technology to transmit your payment information wirelessly.

Tap-to-pay is becoming increasingly popular as it's

• Fast: No waiting to swipe or insert your card.
• Secure: Uses one-time codes for transactions.
• Convenient: Works with various devices like phones, watches, and some contactless cards.

Tap-to-Pay is currently available only on iPhone and requires iPhone XS or later running iOS 16.4 or later.