Thursday, 18 March 2010
Card processing |
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The FPB and Accept Cards Ltd are working together to offer our members discounted rates for taking payments by credit and debit card.
Accept Cards Ltd has access to the lowest processing rates through its independent relationships with the UK's acquiring banks. So, even if you already take payments by card, you could still save money with our great rates.
You must be a full member of the FPB to use this service, which is available as part of our Purchasing Director business solution. The future is plasticIn today's increasingly cashless society, your business can lose hard-won customers if you cannot accept payments by card.
Spending on plastic increased to £360 billion in 2008, with over 65% of retail transactions completed by card. The average person holds four cards with over 140 million credit and debit payment cards in issue.
The ability to accept payment in-store, over the phone, by post and via the internet allows your customers to choose how they purchase from you.
It enables you to accept all major credit and debit cards as well as, if your customer base requires it, the possibility of accepting American Express and Diners Club. This flexibility can help you grow your customer base, offer greater choice and improve your cash flow.
Summary of benefits
Click here to view the current card processing rates and terms.
Click here to read our frequently asked questions on card processing.
Choose the option that is most convenient for you:
* Saving based on typical joining fees and average % reduction for a typical business already accepting card payments.
** Saving based on first year, new-to-cards business, with transaction levels up to £50k, with £25k on debit card and £25k on credit cards, compared to acquiring banks standard rates. Average set up fees £40 compared to typical £150 - £200. Accept Cards Ltd is a registered Independent Sales Organisation fully licensed by Mastercard and Visa International as a Member Service Provider. Acquiring banks reserve the right not to open a card processing facility. Click here to view our disclaimer |