UTP Group Limited

UTP Group Limited is a payment processing company offering tailored solutions for UK businesses through advanced card machines that facilitate secure transactions. Founded in 2013 in Reading, UK, UTP Group Limited specializes in payment processing solutions. In March 2025, myPOS World Ltd. , a portfolio company of AI Circle Bidco Limited and Advent International, acquired UTP Group Limited.

UTP Group Limited specializes in providing payment processing solutions tailored for UK businesses. Their core offerings include a range of card machines such as the UTP Max, UTP Pro, and UTP Pro Lite, which facilitate secure credit and debit card transactions, including contactless payments. The UTP Max, equipped with the latest Android OS, is designed for ease of use, featuring pre-configured merchant accounts, fast transaction processing, and integration with various digital wallets like Apple Pay, Google Pay, and Samsung Pay. These products primarily serve small to medium-sized businesses across the UK, aiming to enhance payment efficiency and security while also offering services such as UTP Shield for fraud protection and Faster Processing for same-day funding.

UTP’s devices are compatible with all major UK-issued chip and PIN cards, as well as many internationally issued cards, underscoring their commitment to providing accessible payment solutions across diverse market segments. UTP Group Limited operates on a transaction-based revenue model, generating income through monthly terminal fees and transaction rates from their products and services. Business transactions occur when clients utilize UTP’s card machines to process payments from customers, with a standard monthly terminal fee starting from GBP 20 for clients with a card turnover below GBP 150,000. The pricing structure includes credit rates beginning at 1% and debit rates from 0.

35%, alongside additional charges such as a GBP 9 fee for chargebacks and GBP 4. 80 for PCI compliance. UTP’s diverse client base includes retailers and service providers who benefit from their competitive transaction rates, which can save merchants up to 33% on processing costs. Overall, UTP places an emphasis on providing cost-effective solutions that support the financial operations of their clients in the rapidly evolving payments landscape.