Card payment machines..any cheaper options?

belcam

We are running a small business and use Streamline for card payments, a 3 year contract which is up in six months. Is there a cheaper option where you don't have to pay them monthly?

billymadbiker

There are options with no monthly fees but they may charge more per transaction.
How much are you putting through on both credit and debit cards each month?

belcam

billymadbiker wrote: »

There are options with no monthly fees but they may charge more per transaction.
How much are you putting through on both credit and debit cards each month?

Very low amount we put through so it would be preferable to only pay for each transaction. Which companies are you talking about?

Jonboy_1984

It may be worth investigating the new PayPal card reader if low volume.

reclusive46

iZettle would probably a good one to look at. It even has smart rate, so the more you take, the less you pay.

It also takes pretty much all cards, Visa,MC,Amex,Diners Club/Discover, JCB all for the same rate. Unlike the PayPal reader that doesn't take Amex, Maestro, JCB and Discover but costs the same.

Hominu

If the amount is very low then it may be preferably to cease accepting card payments sometime in the future? The amount you save by not having the cost may well pay for the lost business.

Ms_Chocaholic

Have you thought of Sage Pay? They have/had an offer on card machines recently.

thenudeone

For low volume transactions try either buying a paypal terminal for £99 (which requires an android device to work) or using paypal virtual terminal https://www.paypal.com/webapps/mpp/virtual-terminal

sheilds

Just read about this in one of the Sunday Papers

http://www.postoffice.co.uk/post-office-launches-new-card-payment-service-smes

reclusive46

sheilds wrote: »

Just read about this in one of the Sunday Papers

http://www.postoffice.co.uk/post-office-launches-new-card-payment-service-smes

They are using worldpay, which is the same company as Streamline, so the OP is probably not going to get a better deal.

sheilds

reclusive46 wrote: »

They are using worldpay, which is the same company as Streamline, so the OP is probably not going to get a better deal.

i thought the Pay as You Go element might help.