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Credit & Debit Card Payment terminals – which one?
Hello everyone, hope 2015 is starting well!
I’ve a situation which I’m going to throw out there – my sign shop has been running under the same roof as another completely unrelated retail business (of which I’m a partner) and the time is rapidly approaching where the sign business will need to stand on it’s own two feet.
That means getting bank accounts and accounting sorted, and more importantly – some form of credit/debit card machine.
What is everyone using these days? Mobile phone-connected bluetooth gadgets always look a bit Mickey Mouse to me, but if they work and are safe and secure why not? Are they worth the transaction fees? From what i’m paying in the retail shop for a wired in terminal, there’s no way we can stand that if I’m only taking a few transactions a week!!
Is anyone using PayPal or one of the other "virtual" terminals? Or are there good deals on wired in jobs to be found?
Your help is much appreciated…
Cheers,
Mark -
5 Replies
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I have a paypal bluetooth payment terminal which works with a paypal app on most smart phones, most people trust paypal these days so I’ve never had any issues with asking people to use it, I only ever use it on site or at shows etc though.
My main terminal is with barclaycard, a bit on the expensive side (Min cost £24 pcm) but 100% reliable as a terminal.
Hugh
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Not teaching you to suck eggs but depending on the volume & value of payments you’re taking there’s a few options.
The likes of PayPal/iZettle etc have higher commission than a stand alone terminal, through the likes of cardsave, worldpay etc.
We use cardsave (now worldpay) and pay a quarterly fee for the terminal, in addition to that there’s then the processing costs (which will soon change to a % of a transaction depending on the card, rather than debit cards being 20p each)
If you’re taking loads of payments, then perhaps a stand alone terminal would be better.
If you’re not taking many payments, then something like paypal iZettle will be cheaper.From what I’ve heard there are plenty of Cowboy firms out there who will tie you into 5+ year contracts, so read them all very carefully (I’ve read online that Payment Sense are known for this)
There’s also the PCI Compliance which is a requirement (not sure about paypal etc) and can set you back some ££’s especially if you don’t complete it.
It may be worth speaking to a friend of mine Marc Greenwood at Direct Card Solutions, as they are genuinely independent of banks, and aren’t resellers like Cardsave were.
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you…its come to that time of to have the facility available of creed payments…so I’ve revised this thread from a year ago (almost to the day), Has anyone an advice or experiences to add to the pot please?
many thanks in advance!
Cheryl -
Sagepay might be a good option.
We’ve been using them for a while.
Have a page set up in the website that we direct clients too and they can pop in there invoice number and process payment. Payment is conducted on sagepay server so all nice and secure
Sage pay also has a online terminal that you can log into and take payments.
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worldpay zinc is our choice. you can take payment online or use a card reader for for pin and chip with your smartphone and you buy the equipment and have no monthly charges.
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