What is the cheapest way to take card payments?

What do we cover?

  • The difference between only paying for each time you take a card payment and a monthly charge for the machine
  • Which one is a cheaper way to take card payments?
  • We can save you money on those card payments- get in touch.

What options are available for card payments? 

First of all, it is important to consider the options available to you. What is best when you start is not necessarily best when you are established. Our instant quote generator will give you an indication of how much we can save you – but we look at several elements to do this.

Percentage per card payment, or monthly charge?

The key to this question is your levels of revenue. As a rule of thumb, you will find that if you have very low revenue, you will be better off on a per transaction basis. Per transaction providers rely on this to appeal to early stage businesses. It is easy to get interwoven with a provider and carry on as you grow – paying ever more surplus charges as you develop your business. This is why regular review is important. Ask yourself the question – at what point will you be better off with a system which charges much less per transaction, but maintains its service quality with a monthly fee instead?

But that sounds wrong – I will have to pay anyway!

The way we work out that you are saving is to take all charges as a whole – wrapped up in a bottom line figure. This means we can ensure you are better off overall. Once you surpass the threshold you should move to a more economical method of payment collection.

How do you judge cost? – depending on volume of sales and value

We have done this work for you! Hooray! On our site you will find a quote generator which will tell you not only if you will save on your card payments, but also how much is likely. It’s really simple – and you can enter different revenues to test out when you are likely to need to change as well (and don’t forget – we can pay up to £3000 of your cancelation costs – so why wouldn’t you?)

I’m already on a contract based system

We are confident we will be able to do you a better deal – regardless of how high your turnover, but you can leave with 30 days notice

Where you were is not where you are now

When you signed up for your current solution what was different? It might be that there wasn’t a global pandemic. But then again it might also be that you have diversified – what impact has this had on the frequency of transactions? Has your business location changed? Are you one of the lucky ones who are experiencing a boom in sales? Or are you looking at a downturn in sales? All of these are reasons why you should check your position with us.

How can Kernow Merchant Services help?

Once you have taken a few minutes to fill out the quote generator, submit your details and one of our lovely team will be in touch to make certain you are truly able to save and give you the best advice around for your next steps. We are convinced in our services and products – and not only that but always on the lookout for the best way to serve you – so rest assured you will be in good hands.

Alternatively, pick up the phone and give us a call – we’d love to speak to you. Call on 07444740310 and we’ll share the savings you can make.

What is the cheapest way to take card payments?
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