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.