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BDCS

  • Posts: 4777
Credit and debit cards
« on: March 26, 2009, 08:11:33 pm »
Who takes credit and debit cards, who do you do it through and how much does it cost. A friend of mine has a cab and the 10% charge is passed to the customer and he gets the whole fare but its only available to cabbies for some reason. what does everyone else do ?

Griffus

  • Posts: 1942
Re: Credit and debit cards
« Reply #1 on: March 27, 2009, 02:17:06 pm »
I think that in our line it is an unecessary expense.

Just taken this from HSBC site: -

Packaged Product
(Card turnover up to and including £50,000)

£250 one – off set up charge.
2% of every credit card transaction.
25p for every debit card transaction.
2% of every non-UK debit & credit card transaction.
No terminal rental for 12 months.*
No minimum monthly service charge.
12 month contract.
*This relates to one standard terminal.


Individual Quote
(Card turnover in excess of £50,000)

£150 set-up charge.
£18 per month per standard terminal rental for each terminal, plus VAT.
Transaction charges negotiated on an individual basis.
Minimum monthly service charge of £20 per month.



Simplest way of finding out is to speak to your bank.