Our card payment service
Face-to-Face
This summary shows our charges for card payments, and other important information about our service. You can use this to compare our service with other providers, to find the best deal for you. We are required to provide this information by the Payment System Regulator.
Your expected total card
transactions for the next 12 month
transactions for the next 12 month
Provided
Your average
transaction value
transaction value
Not provided
Your total card transactions
in the last 12 months
in the last 12 months
Not provided
Your merchant category
code (MCC)
code (MCC)
Not provided
Your cost for accepting common individual card payments5
Mastercard
VISA
UK & EU
based card
based card
Debit2
Credit3
Business4
In person6
1.3%
1.3%
1.85%
Online/Phone7
1.5%
1.5%
1.9%
UK & EU
based card
based card
Debit2
Credit3
Business4
In person6
1.3%
1.3%
1.85%
Online/Phone7
1.5%
1.5%
1.5%
Additional charges per transaction
Authorisation fee
applies for In-person
applies for In-person
2p
Other potential transaction charges
Chargeback fee
£25.00
Retrieval fee
£25.00
Example
If your customer uses a Mastercard personal debit card in person to purchase a £10 item, you would pay:
13p
(1.3% of £10.00)
+ 2p
(Authorisation fee)
= 15p
If your customer uses a VISA business credit card in person to purchase a £10 item, you would pay:
18.5p
(1.85% of £10.00)
+ 2p
(Authorisation fee)
= 20.5p
Other monthly charges
Point-of-sale terminal (per terminal per month)
£15.00
Gateway8
£8.00
PCI DSS service fee9
£4.99
Minimum monthly service charge (MMSC)10
£20.00
Other details
Settlement time
Standard Payments
Faster Payments11
Standard settlement time is 3 days
Banking with Santander:
Next day
Next day
Banking other than Santander:
Same to Next day
(If by 10 AM - same day)
Same to Next day
(If by 10 AM - same day)
Same to Next day
Payment brands accepted
Visa
Master
AmericanExpress12
JCB
Diners Club
UnionPay
WeChat Pay
Alipay
Master
AmericanExpress12
JCB
Diners Club
UnionPay
WeChat Pay
Alipay
1
The proportion of your transactions represented by each card type.
2
Personal debit cards which are also referred to as “Consumer debit Cards.”
3
Personal credit cards which are also referred to as “Consumer Credit Cards.”
4
Business debit cards which are also referred to as “Commercial Debit Cards.”
5
These are the most commonly used cards for most merchants. You pay us a percentage of each card payment you receive. This varies depending on type of card and the way it was transacted. You may accept other card brand and types, which may cost more. You can see the cards you accept in your transaction information.
6
A card payment where the card, cardholder and merchant are all in the same place and the transaction is made by inserting the card into the card payment terminal .
7
A card payment where the card, cardholder and merchant are not all in the same place
8
A service for capturing, encrypting and transferring payment data in an online transaction.
9
Charges relating to your compliance with card security and anti-fraud standards.
10
The amount you pay if your monthly transaction charges do not meet a minimum agreed amount.
11
Faster payment service is optional and costs £0.30 per day. Faster payment schedule can be found below.
12
American Express requires a separate application for their service, and approval is based solely on the decision of American Express.
FASTER Payments
You have the option to get your money even faster , within 8 hours after batching your transactionsA. Receive your funds within 8 hours including Saturday and Sunday.
A - FasterPayments Fee for batches £1,000,000 or less costs £0.30 per day. FasterPayments Fee batches £3.00 per occurrence for batches over £1,000,000 costs £3.00 per day
Most Transparent Pricing
Experience the best and most transparent pricing.
Give us a call at (0207) 952-2150 and our team of expert associates will be happy to help you.
