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 Post subject: Credit Cards
PostPosted: Wed Mar 20, 2013 6:35 pm 
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Joined: Sat Apr 01, 2006 11:47 pm
Posts: 12648
Location: Stamford Britains prettiest town till SKDC ruined it
I have been thinking of taking credit cards for a couple of years now but have in the past been frightened by the cost BUT have been made an offer by a company called first payment who claim to be one of the largest in the world of 27 + vat a month for terminal and 16p for debit and 1.19% for credit cards

This sounds a little too good to be true so has anyone else on here used them or does anyone else on here take cards and what deal have you got ?

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 Post subject: Re: Credit Cards
PostPosted: Wed Mar 20, 2013 7:09 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
Posts: 17749
We have just signed up with a company whose name escapes me at the moment. The cost is £25 per month + vat with debit cards at 16p and credit cards at 1.2%

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 Post subject: Re: Credit Cards
PostPosted: Wed Mar 20, 2013 9:02 pm 
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Joined: Sat Nov 28, 2009 12:42 pm
Posts: 322
Location: TW10
I use Adelante TaxiPay - 6.5% is taken off each transaction, which is then transferred to your bank account, a week later. Payment is taken through an app on your phone. Seems quite a lot, but it's suited for my needs (I'm a one-man operator), and I rarely take card payments anyway (my regular client pays by cheque, and other companies I sub-contract for pay by bank transfer). Haven't used it for over a year now, but it's there if and when I need it. No need to mess about with setting up a merchant account, terminal rentals and minimum transactions requirements. They probably do something for fleets as well.


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 Post subject: Re: Credit Cards
PostPosted: Wed Mar 20, 2013 11:01 pm 
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Joined: Sat Aug 04, 2012 11:17 pm
Posts: 2322
I've seen this company advertise in the LPHCA newsletter offering a creditcard machine for free, but the punter pays an extra 6.5%. Sounds good to me.


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 8:21 am 
If a Hackney Carriage picks up from the rank or a street hail, can he charge the 10% credit card processing fee if its not mentioned on his authorised fare chart?


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 11:49 am 
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Joined: Fri Apr 15, 2011 8:01 am
Posts: 78
Location: Aberdeen
Gobby wrote:
If a Hackney Carriage picks up from the rank or a street hail, can he charge the 10% credit card processing fee if its not mentioned on his authorised fare chart?
No, no taxi can charge over the stated pricing structure on the tarriff sheet. It must state any credit card charges if applicable on the sheet if it were to be added.

BTW Cab:App offer a free credit card machine on their App. You do not even have to do any jobs, just reap the benifit of a no rental card machine. A fee to the customer of 3.?% is charged, beating most other card machine suppliers.
If you do not have the card percentage fee on your tarriff sheet you will have to adjust the fare to charge the customer the proper final price on the app. You lose something like 3p in the pound, but hey, you don't reject a hire and could get pulled from mid rank saving on down time.


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 11:54 am 
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Joined: Fri Apr 15, 2011 8:01 am
Posts: 78
Location: Aberdeen
grandad wrote:
We have just signed up with a company whose name escapes me at the moment. The cost is £25 per month + vat with debit cards at 16p and credit cards at 1.2%
You are giving away the equivalent of £25+ of free lifts just to have the machine.


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 3:28 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
Posts: 17749
Fannyadams wrote:
grandad wrote:
We have just signed up with a company whose name escapes me at the moment. The cost is £25 per month + vat with debit cards at 16p and credit cards at 1.2%
You are giving away the equivalent of £25+ of free lifts just to have the machine.

No we aren't. :wink:

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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 5:32 pm 
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Joined: Sun Oct 16, 2005 12:07 am
Posts: 2529
Location: Hampshire (HC)
Like Chris, I use Adelante TaxiPay on the rare occasions I take a card payment. Works well for me.


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 7:01 pm 
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Joined: Fri Apr 15, 2011 8:01 am
Posts: 78
Location: Aberdeen
grandad wrote:
Fannyadams wrote:
grandad wrote:
We have just signed up with a company whose name escapes me at the moment. The cost is £25 per month + vat with debit cards at 16p and credit cards at 1.2%
You are giving away the equivalent of £25+ of free lifts just to have the machine.

No we aren't. :wink:
So you don't pay £25 a month to rent the machine then! it's free?


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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 8:03 pm 
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Joined: Fri Feb 04, 2005 8:23 pm
Posts: 3939
Location: Lincoln
Fannyadams wrote:
Gobby wrote:
If a Hackney Carriage picks up from the rank or a street hail, can he charge the 10% credit card processing fee if its not mentioned on his authorised fare chart?
No, no taxi can charge over the stated pricing structure on the tarriff sheet. It must state any credit card charges if applicable on the sheet if it were to be added.

BTW Cab:App offer a free credit card machine on their App. You do not even have to do any jobs, just reap the benifit of a no rental card machine. A fee to the customer of 3.?% is charged, beating most other card machine suppliers.
If you do not have the card percentage fee on your tarriff sheet you will have to adjust the fare to charge the customer the proper final price on the app. You lose something like 3p in the pound, but hey, you don't reject a hire and could get pulled from mid rank saving on down time.



Or the cab at the front of the queue could take the punter to a cash point en route, and no surcharge.

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 Post subject: Re: Credit Cards
PostPosted: Thu Mar 21, 2013 8:16 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
Posts: 17749
Fannyadams wrote:
So you don't pay £25 a month to rent the machine then! it's free?

Yes the machine costs £25 per month but as most of the jobs that it is used for are airports or out of borough jobs, there is no problem with adding a surcharge. We wouldn't use it for £5.00 up the road jobs. It is also used for booking fees for our minibuses.

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old fart with no heart


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 Post subject: Re: Credit Cards
PostPosted: Thu Apr 04, 2013 6:43 am 
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Joined: Thu Dec 15, 2011 8:45 am
Posts: 9781
Location: Clandestine, soon to be Russia.
grandad wrote:
Fannyadams wrote:
So you don't pay £25 a month to rent the machine then! it's free?

Yes the machine costs £25 per month but as most of the jobs that it is used for are airports or out of borough jobs, there is no problem with adding a surcharge. We wouldn't use it for £5.00 up the road jobs. It is also used for booking fees for our minibuses.



Jesus we get dullards wanting to pay the minimum fare of £3 on card.


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 Post subject: Re: Credit Cards
PostPosted: Wed Jul 24, 2013 3:01 pm 
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Joined: Wed Aug 11, 2010 5:25 pm
Posts: 338
Location: Glasgow
get mine through Santander,

2.9% fee and iirc it was £100 for the machine,
no monthly costs other than the above. payments in my business acc next day and seems to work rather well.

merchant side of things are handled by evalon


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 Post subject: Re: Credit Cards
PostPosted: Fri Jul 26, 2013 12:23 am 
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Joined: Mon Sep 15, 2008 1:05 am
Posts: 5
Location: aberdeen
don't rent a machine install their app on your smart phone no charge to rent the terminal you only pay the 6.5% and you keep the remaining 3.5% as a tip simplies that's if you have a 10% surcharge in your area dead easy to use and it emails the receipt to your client if they want one


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