Finding The Answers
What We Are Often Asked.
I still have over a year left with my current card terminal provider, monthly bill is around £400. Is it worth me getting in touch?
Yes, of course. This is a numbers game, after looking at your current merchant services statement and thoroughly analysing it, knowing how different acquiring banks work, we could potentially reduce you bill by £200 a month. In most cases the savings would outweigh any early termination fees.
We own a fairly busy Free House pub and/or restaurant and want to raise £20,000 to do a small refurb, unfortunately we don’t meet the criteria with the bank. Can you help?
Most definitely. For a smaller amount like this I would suggest Business Cash Advance. If your current monthly card payments turnover is around £15k or above, then we can have the funds in your account within 3 days. No fixed monthly repayments, these are automatically deducted from sales taken from the card terminal, daily. So you don’t even feel it!
We are currently 14 months into a 24 Month contract for our gas and electricity both with Opus Energy, how can you help?
Well, you may or may not know this, but if you are within 12 months from your current contract end date, you are eligible to get prices locked in and secured now for your future contract. This means we can help you get prices from all suppliers now, to secure the rates for your next contract which begins in 10 Months automatically. That’s what we do.
I run a small beauty salon in Canterbury and just have one Fixed Phone Line and Broadband. The phone is used for incoming calls only, and the internet is for the card machine and the girls stream music for the shop. We currently pay BT around £80 per month. How can you review this for me?
We can perform a line check remotely and see what service we can offer. The best option would be 1 fixed line at £13.95 p/m and Fibre at £24.99, total under £40 per month. The switch is all done back end, you will receive a new router to plug in once its live. If needed, we can also offer £200 for any early termination charges that your current provider may be looking to charge you. Get in touch.
We currently have an old card terminal that is still plugged into a phone line. How can you help?
There a lots of things wrong here. Firstly being an old card terminal it most likely doesn’t accept contactless payments up to £45 which is mandatory now. Secondly, having a card machine plugged into a dedicated phone line is a very old method of connectivity, you are paying around £400 a year just for this phone line where our modern machines can connect via Wifi or Ethernet cable. A transaction being processed through a phone line takes around 17 seconds, whereas through internet takes about 4 seconds.
We run a small business that supplies work clothing, we don’t have a shop we just deliver the goods. We want to take card payments but feel paying the rental for a card machine may not be viable. What do you suggest?
If your business isn’t planning on doing any face to face transactions then you won’t need a physical card terminal. I would suggest a Virtual Terminal, which is designed specifically for taking payments over the phone, through an online web based portal, as long as you have an internet connection you can process a payment on any device.