I would like the ability to offer clients the ability to pay by credit card.
What efficient and cheap methods do practices use? I would envisage around £1,000 per month?
Replies (1)
Please login or register to join the discussion.
Shop around
I use Barclays Merchant Services. Costs are:
£10 p/m + vat terminal rental
2.47% credit cards
60p debit cards
Been with them 20 years or so, did a shopping around exercise a few years back couldn't get anything more competative.
Clients paying over £600 on card (i.e. £500+vat) are surcharged 2%.
If I was starting over, I may not have a card acceptance facility, just drive clients to Paypal or NoChex - but would need to look at transaction costs v saving in rental.
An accountancy practice should be low risk for the card accepters, but they don't see it.