Verifone V200c / V400m review
Verifone V200c and V400m are countertop and portable terminals supplied by traditional UK acquirers. The customer experience is set by the acquirer rather than Verifone, so pricing and service vary widely.
At a glance
- Manufacturer
- Verifone
- Acquirer
- Multiple (supplied through various UK acquirers and ISOs)
- Form factor
- V200c countertop with built-in printer; V400m portable handheld with printer
- Contract
- Not published; often 12 to 48 months via the acquirer (our estimate)
How Verifone V200c / V400m works
Verifone V200c / V400m is a card terminal supplied through various UK acquirers and ISOs. Form factor: V200c countertop with built-in printer; V400m portable handheld with printer. Connectivity: Ethernet (V200c), WiFi, 4G (V400m), Bluetooth.
Cards are read at the device, the transaction is authorised through the acquirer or ISO, and funds settle to your nominated UK bank account on that provider's schedule. The pricing table below shows the rate and contract.
The acquirer or ISO processes the card payments, but you are still the merchant. The contract sets your PCI DSS obligations and your liability for chargebacks, so read those terms before you sign.
Pricing breakdown
| Cost component | Amount |
|---|---|
| Setup / hardware cost | Usually rented through the acquirer; the price is set by the acquirer (not published) |
| Transaction rate | Acquirer-dependent; blended or interchange-plus negotiated per merchant |
| Monthly fee | Set by the acquirer; confirm in writing |
| Contract length | Not published; often 12 to 48 months via the acquirer (our estimate) |
| Exit fee | Early-termination fee may apply; confirm in writing |
Verify pricing directly with the acquirer or ISO before signing. UK card-acceptance pricing varies by sector, ticket size and processing volume.
Hardware and software
- Form factor: V200c countertop with built-in printer; V400m portable handheld with printer.
- Connectivity: Ethernet (V200c), WiFi, 4G (V400m), Bluetooth.
- Card schemes accepted depend on your acquirer.
- Contactless: cards, Apple Pay and Google Pay, up to the contactless limit.
- Receipts: built-in receipt printer.
- POS integrations: ask the acquirer for its current list.
Contactless payments
Status: Accepts contactless cards, Apple Pay and Google Pay
This terminal has its own contactless reader. That is different from Tap to Pay on iPhone, which turns a phone into the reader: see our Tap to Pay on iPhone review for that product. Read the Tap to Pay on iPhone review
Settlement and funds
Settlement is set by the acquirer that supplies the terminal. Ask for the settlement time in writing before you sign.
Pros and cons
Pros
- + Long-running hardware platform.
- + Supplied by many UK acquirers.
- + V400m is portable with a built-in printer.
Cons
- − Usually supplied through an acquirer or ISO rather than sold direct, so pricing is set by them.
- − Check the contract for length and auto-renewal.
- − Customer-service quality depends on the acquirer.
Best for and avoid if
Best for
- · Existing Worldpay, Barclaycard or Elavon merchants
- · High-street retail and hospitality on traditional acquirers
- · Sectors where the acquirer mandates Verifone hardware
Avoid if
- · No-contract economics
- · Fintech-style same-day settlement
- · Plug-and-play SMB direct
FAQs
Does Verifone V200c / V400m require a contract?
It depends on the acquirer or provider you sign with, and there is no single published term. Confirm the contract length, exit fees, auto-renewal and minimum monthly fees in writing before signing.
What does Verifone V200c / V400m cost in year 1?
Upfront hardware: Usually rented through the acquirer; the price is set by the acquirer (not published). Transaction rate: Acquirer-dependent; blended or interchange-plus negotiated per merchant. Contract: Not published; often 12 to 48 months via the acquirer (our estimate). First-year cost depends on your card volume; MerchantHQ's quote tool will model the effective cost against alternatives.
Can I integrate Verifone V200c / V400m with my till or POS software?
Integration depends on the acquirer and the till software. Ask the acquirer or ISO for its current list of supported integrations, and confirm your till software is on it before you buy hardware.
How fast does Verifone V200c / V400m settle funds?
Settlement is set by the acquirer that supplies the terminal.
Can I cancel Verifone V200c / V400m early?
Early termination is governed by the contract. Check it for an early-termination fee or a remaining-monthly-fees clause, and get the cancellation terms in writing before you sign.
Compare Verifone V200c / V400m
How Verifone V200c / V400m stacks up against the closest UK alternatives. Pick a head-to-head matchup or jump to the full alternatives shortlist.
Official site: Verifone
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Payments review: Derren Powell, payments and fintech specialist, formerly Vice President, Business Development (Merchants) at Mastercard. Independent reviewer; the MerchantHQ editorial team retains control of the final content.