Re: What does the panel make of this..

Feb 14, 2021 1 Replies

Ours is around £25 a month for terminal rental/service then card charges depend on what cards are used. Debit cards used to be a single 18p per transaction regardless of amount but that was changed to a percentage of sale a few years back. Still cheaper to process than credit cards. Business/commercial Credit cards are as much as 3% and given that bloody E.U. legislation stopped companies adding a surcharge for credit cards last year Those folks that think they're getting "rewards" or money back for using high cost cards are forcing retailers on low margins to push prices up for everyone.

That said over the last 5 to 10 years the vast majority of transactions we put through are payments by visa debit so it's not too bad.

Paypal card payments is around 3% + a 35p (I think) charge per transaction so an expecnsive way of taking payments.


> Nightjar wrote on 06/02/2019 :


>>> Plenty of small businesses work from home.
>>
>>
>> Yes, but this one is claiming to be a rather big business and suggesting
>> it takes card payments. Check the about page as to how big they suggest
>> they are... None of it is backed up by facts, or is traceable to actual
>> companies that I could find.
>
> They say they have a lot of web sites, but I don't see any specific
> claims to being a large business. I work from home, on my own, and take
> card payments. The card machine is a few feet from where I am sitting now.

OOI how much does your card machine work out at? Is it a % off the top of each sale or a monthly fee & smaller % arrangement? Or something else?


TIA

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