Card machine: lease or buy?
Lease it or buy it?
Pick a device and how long you will use it. See what leasing costs against buying, and how many months it takes for the two to meet.
Card machine: lease or buy?
Device
Lease paid
Leases run 6 to 18 months. For a longer time, the total assumes the lease is renewed on the same terms.
Buy (once)
₦30,000
Lease over 12 months
₦60,000
Cheaper over this time
Buying
Leasing costs the same as buying after about 6 months. If you will use the device for longer than that, buying costs less in total.
Paying less at a time can be worth more than the lower total if cash is tight. That choice is yours.
This compares published prices only. It leaves out any fees, deposits or conditions that may apply, which are given when you register interest. It is a planning aid, not an offer.
How it works
How to use it.
- 1
Enter
Choose the Mini, Pro or Max.
- 2
Adjust
Choose whether you would lease daily or monthly, and how many months you would use it.
- 3
Read
Read the total for each option and the point where buying becomes cheaper.
FAQ
About this calculator.
Straight answers about Payble, your money and how it works.
Is buying always cheaper?
Over a long enough time, usually. Over a short time, leasing can cost less, and it needs less cash at the start. Leases run 6 to 18 months.
Does the calculator include fees or deposits?
No. It compares the published purchase and lease prices only. Any other terms are given when you register interest.
How do I get a device?
Existing Payble merchants can register interest on the hardware page, and the team follows up.
Guides
Read more.
Real numbers beat estimates.
The business app records your sales, costs and VAT as you trade, so your figures are always to hand.