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.