Cheap card processing?

[friar 8]

Try to avoid taking cards.and have Pay Pal Here card reader, which is brilliant, except for cost.2.7%.

The other new style card readers,Sum Up,I Zettle,etc don't want car dealers, we are like Adult services, a no no.

Thinking of joining established Barclays or Llloyds,but they charge fee monthly.

 Any one using no monthly fee card reader?

 

 

[Mikey360 68]

Stick to bacs or cash, no fees then! Never had anyone complain.

Edited September 16, 2018 by Mikey360

[justina3 518]

Don’t discount the big boys we use Barclays and they offer some great freebies, 

free hokiday insurance handy as I go away a lot 

discounted house insurance 

free mobile phone insurance up to three devices, handy this year as my son lost his iPhone and I cracked my screen far to many times.

all adds up our service charge is only £14.99 a month plus vat we covered that with the holiday insurance already 

[Mark101 536]

I use IZettle - pay 1.75% of transaction value but no monthly charges.  Hardware was around a ton I think.  Plus it is completely remote (I haven’t used this function yet), you can take it anywhere you have a 3G signal.

[EPV 631]

Stripe. 1.4%. 

I talk people out of it where I can. 

[Arfur Dealy 823]

Transfer, it’s free. 

[friar 8]

1 hour ago, EPV said:

Stripe. 1.4%. 

I talk people out of it where I can. 

Hello EPV,

Do you use an app on phone,(Which one) or a card reader please?

[EPV 631]

1 hour ago, friar said:

Hello EPV,

Do you use an app on phone,(Which one) or a card reader please?

I have an app. I can also email an invoice to someone that has a digital click button that takes them to an online payment page. 

[MrV 66]

If your going to take cards physically izettle is one of the cheapest processors around, if digitally you can only use stripe by sending an invoice to the buyer as I may be wrong but stripe don't sell a card reader

[EPV 631]

6 minutes ago, MrV said:

If your going to take cards physically izettle is one of the cheapest processors around, if digitally you can only use stripe by sending an invoice to the buyer as I may be wrong but stripe don't sell a card reader

They do. 

[MrV 66]

Just now, EPV said:

They do. 

Ah OK, any idea on their deposit time? 

[EPV 631]

9 minutes ago, MrV said:

Ah OK, any idea on their deposit time? 

Too long I think, part of the reason I have nothing to do with it even though I have an account. 

[Arfur Dealy 823]

Why use Q a dacility

Why use a card machine ? It costs you money.......  TRANSFER IS FREE ! 

[friar 8]

I asked I Zettle,they didn't want car dealer!

Booooh!!

[Arfur Dealy 823]

Just now, friar said:

I asked I Zettle,they didn't want car dealer!

Booooh!!

I repeat transfer is FREE, why give your profit away ? 

[Del Boy 76]

1 minute ago, friar said:

I asked I Zettle,they didn't want car dealer!

Booooh!!

Really? I signed up with them a couple years back, never had an issue. 

Eventually moved to payzone getting a proper terminal with a SIM card. 

Yes it’s more money per month but very low fees and so much more professional. No more waiting for Bank transfers to clear. Particularly when a customer wants to collect at 8pm and their payment going into security! 

[Arfur Dealy 823]

Why to all of you who take cards? Why ? If you sell 100 cars a year how much does it cost you annually for a card payment facility .

Transfers are free...

[Grantlfc81 88]

Payment sense. Money in 3 days and only 0.3%

[EPV 631]

1 hour ago, twerp said:

What about those who aren't quite so au fait with technology and you're pushing for a deposit on the phone?

Worth taking a £2.00 hit on card charges or is that not a problem with your buyers?



 

Can use a card but can’t use internet banking? Now that’s a creature so rare that you wouldn’t be concerned about. 

[friar 8]

51 minutes ago, EPV said:

Can use a card but can’t use internet banking? Now that’s a creature so rare that you wouldn’t be concerned about. 

There are a lot of people who show you their card, but couldn't do a transfer, in my opinion.

[Grantlfc81 88]

Use a card machine to close a deal all day long. If they say they will do a deposit when they get home you won’t see them again.

[EPV 631]

19 minutes ago, friar said:

There are a lot of people who show you their card, but couldn't do a transfer, in my opinion.

Sorry I don’t believe that. Yes there will be the odd one but I can’t believe there are enough to worry about. 

[Arfur Dealy 823]

10 hours ago, twerp said:

What about those who aren't quite so au fait with technology and you're pushing for a deposit on the phone?

Worth taking a £2.00 hit on card charges or is that not a problem with your buyers?



 

I can honestly say I have never had any issues

[whitestone679231 113]

35 minutes ago, Arfur Dealy said:

I can honestly say I have never had any issues

You’ve never sold a Honda Jazz then ;—) But seriously we do get a lot of customers (usually over 60 yrs of age) who don’t trust/use internet banking, they are the type that would still want to give a cheque, I still gawp when I see a “youngster” in pub waving a phone near machine to pay for a glass of pop!!!! 

[Arfur Dealy 823]

Look at it this way. 

If you sell 150 cars each year averaging 4K by card payment...., 150 x £4000 x 1.75% fee = £10,500 of your profit to your card machines operators pocket. 

Now, I prefer to pay zero fees.