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Steven Lawrence

  • Posts: 85
Re: mobile card terminal
« Reply #20 on: March 28, 2012, 07:54:46 pm »
this Adelante looks the way forward to me! £10 a month and the first 40 free transactions,

Tony Rowley

  • Posts: 257
Re: mobile card terminal
« Reply #21 on: March 28, 2012, 07:56:10 pm »
I use payatrader, cant fault it to be honest. If you taking loads of cards then probably there are cheaper and faster (to get your money) options but for me its about giving the customer more choice on how to pay, Sometimes I might get three cards in a week then again I might go a month and not take any but if I take none it costs me nothing.

Tony

john sliman

  • Posts: 46
Re: mobile card terminal
« Reply #22 on: March 28, 2012, 08:01:46 pm »
steven
do you have a terminal with the deal you have with adelante
john
john sliman

Steven Lawrence

  • Posts: 85
Re: mobile card terminal
« Reply #23 on: March 28, 2012, 08:13:45 pm »
steven
do you have a terminal with the deal you have with adelante
john

no, its all done on the android!

Craigp

  • Posts: 1272
Re: mobile card terminal
« Reply #24 on: March 28, 2012, 08:15:17 pm »
this Adelante looks the way forward to me! £10 a month and the first 40 free transactions,

Steven, that's just the MobilePOS. You missing out the cost of the Merchant account that your have to have.


There are two separate costs associated with accepting credit cards.  They are:-
 
Merchant Account - This is the specialised account provided by banks to allow you to accept cards.  Banks charge based on the type of card and the volume of transactions you process.  You should expect to pay something like the following:-
 
Account Set-up
£100
Credit Card Transactions
2.4%
Business or Corporate Card Transactions
2.7%
Debit Card Transactions
30p each
 
Most Banks would charge a minimum service fee per month of around £15 to £20 if your total transaction charges do not add up to more than the minimum service fee.
 
MobilePOS - costs just £50 to get up and running. After that there is a monthly charge of £10 per month (per merchant account and not per users). This includes 40 free transactions.  Any transactions over 40 in a single month are charged at 25p each.  These charges are in addition to the banks transaction charges.
 



Steven Lawrence

  • Posts: 85
Re: mobile card terminal
« Reply #25 on: March 28, 2012, 08:18:51 pm »
this Adelante looks the way forward to me! £10 a month and the first 40 free transactions,

Steven, that's just the MobilePOS. You missing out the cost of the Merchant account that your have to have.


There are two separate costs associated with accepting credit cards.  They are:-
 
Merchant Account - This is the specialised account provided by banks to allow you to accept cards.  Banks charge based on the type of card and the volume of transactions you process.  You should expect to pay something like the following:-
 
Account Set-up
£100
Credit Card Transactions
2.4%
Business or Corporate Card Transactions
2.7%
Debit Card Transactions
30p each
 
Most Banks would charge a minimum service fee per month of around £15 to £20 if your total transaction charges do not add up to more than the minimum service fee.
 
MobilePOS - costs just £50 to get up and running. After that there is a monthly charge of £10 per month (per merchant account and not per users). This includes 40 free transactions.  Any transactions over 40 in a single month are charged at 25p each.  These charges are in addition to the banks transaction charges.
 



thanks for that craig!! :-\
looks like its got to be paytrader then, :-*

Craigp

  • Posts: 1272
Re: mobile card terminal
« Reply #26 on: March 28, 2012, 08:23:42 pm »
Yeah I looked into it, the main problem is if I took nothing on card one month I still have the min service fee to pay on merchant account of £15 plus the £10 POS = 25

So not that cheap, and that's using a mobile phone to take cards, you'd think it would be cheaper.

http://www.adelante.co.uk/mobilepos_pricing.html

Steven Lawrence

  • Posts: 85
Re: mobile card terminal
« Reply #27 on: March 28, 2012, 08:33:08 pm »
the only thing putting me off payatrader is the 10 day wait...

bennymon

  • Posts: 816
Re: mobile card terminal
« Reply #28 on: March 29, 2012, 09:42:45 pm »
same as steve if they cut that down id use it  :)

Re: mobile card terminal
« Reply #29 on: March 30, 2012, 07:59:29 am »
Your paypal account gets the money instantly, and it takes 3 days for it to get to your bank....

You only pay low charges on what you transfer, and if you don't use it you pay nothing.

You get the customers email address for future marketing.....

Why on earth pay out for a service that most people have as they use ebay??