Agreed something like this. Talk with your bank normally they have a preferred card merchant or provided merchant services themselves. I'm with HSBC both business and current account and received favorable rates.
Taking Card Payments
- Thread starter Martynt74
- Start date
Agreed something like this. Talk with your bank normally they have a preferred card merchant or provided merchant services themselves. I'm with HSBC both business and current account and received favorable rates.
I have been running a business for (OMG) over 30 years. I have been tempted on many occasions to move to accepting CC payments but have always found, actually, that cash/cheque fulfils almost all needs and the costs of accepting CC are frankly unacceptable.
However, I have found that as people are moving away from cheques this is trending towards being no longer the case. I still get plenty of cash (40% or so of turnover?)
But I find that I am moving towards BACS payment as an alternative to Cheque bypassing the CC option altogether.
Can you not do this via smart phone?
(The nature of my business means that I deal with small numbers of large transactions so use the PC myself, but I am sure that in this day and age smaller sums could be easily transferred and the transfer confirmed via smart phone at the POS as it were?)
However, I have found that as people are moving away from cheques this is trending towards being no longer the case. I still get plenty of cash (40% or so of turnover?)
But I find that I am moving towards BACS payment as an alternative to Cheque bypassing the CC option altogether.
Can you not do this via smart phone?
(The nature of my business means that I deal with small numbers of large transactions so use the PC myself, but I am sure that in this day and age smaller sums could be easily transferred and the transfer confirmed via smart phone at the POS as it were?)
As a customer I'd be vary of putting my card into some iPhone card attachment, just wouldn't know if they were copying my card details or not.
You could always get one of those mobile card readers that have a GPRS sim card in to use anywhere, like what bailiffs use.
You could always get one of those mobile card readers that have a GPRS sim card in to use anywhere, like what bailiffs use.
As a customer I'd be vary of putting my card into some iPhone card attachment, just wouldn't know if they were copying my card details or not.
You could always get one of those mobile card readers that have a GPRS sim card in to use anywhere, like what bailiffs use.
this is what we have with our spire terminals. use them in taxis, never had a problem even up in some of the more remote parts of Scotland
