Lightspeed brings Lightspeed Payments to UK-based customers

According the press release, Lightspeed Payments will be rolled out to hospitality merchants in the UK, followed by retail. This will continue for Lightspeed merchants throughout France, Belgium, the Netherlands, Germany, and Switzerland. The UK is an underserved market when it comes to payments, especially in the hospitality sector, and Lightspeed is thrilled to support these businesses as they begin to re-open for full-capacity dining. 

Eliminating the need for a separate payments provider, the launch of Lightspeed's integrated payments capabilities gives SMEs in the hospitality vertical access to the key functionalities made crucial by the global pandemic, including mobile and contactless payments, ahead of anticipated economic reopenings. Furthermore, key features of Lightspeed Payments include:

• Faster processing at competitive rates: no startup or hidden fees – transparent pricing for swipe, tap, or manual entry;

• Comprehensive reporting and robust analytics that interact directly with the POS;

• Enhanced payment security backed by a global network: EMV, tokenization, and end-to-end encryption;

• Operational support with chargebacks, fraud, and customer queries;

• Flexibility with a range of localised payment options.

As restaurants look ahead to the new future of hospitality, they're increasingly adopting new technology to streamline their efforts and improve their operating costs. This new integration from Lightspeed eliminates the need for a separate payments service provider, which can be costly and difficult to manage.

Overall, the announcement furthers Lightspeed's commitment to the tens of thousands of customer locations it supports throughout the globe and extends Lightspeed Payments beyond North America, where the company has offered the solution since 2018.