Posting a message to the forum will remove the above advertisement

Discuss mobile payment terminals? in the Electrical Forum area at ElectrciansForums.co.uk.

Thread Status:
Not open for further replies.
Please make sure you checkout our forum sponsors, many do discounts for members and, they keep the forum free to use.
  1. LlandrilloSpark
    Offline

    LlandrilloSpark Guest

    Morning fellas

    Anybody got a mobile payment terminal to take debit card details ?

    Any details on which is best and their costs?

    Thanks
     
  2. Guitarist
    Offline

    Guitarist Trusted Advisor

    Location:
    Norfolk
    Only ever seen heating engineers using these. Was under the impression that you need to be earning a LOT to make them worth having.
     
  3. AP Electrical
    Offline

    AP Electrical Guest

    all much of a much on price, I'm just waiting on my reader from sum up there charge 2.75%, which sounds pricey but if it means I walk away from the job payment in hand it's a price worth paying I reckon.
     
  4. nikmet
    Offline

    nikmet Electrician's Arms

    Location:
    Leicestershire
    saw one at elex coventry, plugged a small reader into your iphone, swiped card and invoiced from phone, looked quite good, cost was 3% of transaction value, apparently no other fees to pay and reader was free too
     
  5. kingeri
    Offline

    kingeri Trusted Advisor

    Location:
    Yorkshire
    Another option is internet based payments, saves you having to have any special gear with you to take payments.
     
  6. Dan23584
    Offline

    Dan23584 Electrician's Arms

    Location:
    Bristol
    I though it was a bit pricey when I looked into it I always state my preferred method of payment to be Internet based and it works really well, no fees and money in the the account almost instantly.
     
  7. oldtimer
    Offline

    oldtimer Trusted Advisor

    Location:
    Edinburgh
    I think Baldelectrician has one though I must admit I get paid 90% of the time via BACS (internet banking)
     
  8. Bubblecraft
    Offline

    Bubblecraft Electrician's Arms

    Location:
    Erskine
    I use MobilePOS app on my iPhone & iPad.
     
  9. Toby Kuhnert
    Offline

    Toby Kuhnert Electrician's Arms

    Location:
    Essex
    Paypal will be bringing out "Paypal Here" in the UK soon, they have released it in the US and Canada already. Its a free card reader that plugs into the headphone socket of your android/iphone. Free app to run it - You link it to your Paypal account, and all they charge you is 2.75%. They also a provide a debit card to directly access funds in your Paypal account, and if used in stores (not cash withdrawals) you get 1% cashback. So hypothetically you only pay 1.75% on transactions if you use all of the money received into your paypal account from the "Here" device. You can signup online to receive notification when it becomes available in the UK. I have! :)
     
    • Like Like x 1
  10. grantr37
    Offline

    grantr37 Trusted Advisor

    Location:
    Glasgow
    theres quite a few companies about here in the uk doing it, I would stick with a mobile terminal from a payment handling company, they are cheaper and less charges than banks, if you go with a bank for a terminal they use mobile terminals provided by other companies and then charge you higher monthly rental fees, a bigger % of the transaction plus a charge for each use, as well as higher % charges if paid by a card from a rival bank....then they hit you with a 30p internet connection charge each time the terminal dials into the bank computer.....the handling companies charge about 2.5% and 12p connection for each use, also they charge about 30p extra for each payment with a debit card(as opposed to a credit card) whereas banks charge up to £1.50 for each use of a debit card plus about 4.5% and the 30p connection charge (so a £200 payment would cost £10.80p in fees deducted straight away) that's why a lot of low value sales like burger vans etc don't operate mobile payment terminals and Taxi companies are only starting to use them now as their hand has been forced by the 100% reliance and use by most people these days of chip and pin instead of carrying cash....I knew of a few small taxi firms that tried out mobile payment terminals 10 years ago and quickly ditched them again until just recently (in the last 6 months)

    if you look you will see that a lot of chip and pin accepting shops and businesses will not accept @[email protected] xpress cards as they have to sign up to an extra deal with the bank to accept them, and the fees can be huge, as its off the back of an entirely american card processing system as opposed to [email protected] and V!sa which are worldwide based ...and causes problems.....
    I have been told (and this was about 5 years ago) by a shop owner, and then by a Hotel owner when I asked, that the fees were so big that if somebody wanted to use the card, the minimum fee would be £10.00........ie buying a bag of sweets in a shop and the shopkeeper would get charged £10.00 making a big loss......so very few wanted to touch them.....for things like a £500 car hire or buying a wedding dress this was ok but not for small things....

    The result of this was a lot of very very vocal and loud furious US tourists kicking off about the card being declined here, it is just like a debit card back home for them, and is pretty useless here...resulting in a lot of arguments in hotels etc....so you have to watch what cards you get paid with as some banks penalise for using rival banks cards...


    you just have to look at it, a lot of credit and debit cards from here get thrown back in your face in the USA and Europe as they think that they are worthless and that they will get charge-backs or conned in some way, or they just don't trust them.....and sometimes also for the fact that they know that they will get bigger bank fees for accepting them....then they come over here on holiday themselves and kick off about having cards declined.....


    if you look up bank cards declined abroad on google you will see a lot about this, as well as about charges to businesses for accepting different bank cards, etc...
     
  11. oldtimer
    Offline

    oldtimer Trusted Advisor

    Location:
    Edinburgh
    So what wrong with the customer pinging the payment into your account card reader sounds fine if you are a shop with 100s of transactions a day but me thinks a terminal would get kicked around the back of your motor and get used once a fornight so is it worth the set up cost and fee ?
     
  12. AP Electrical
    Offline

    AP Electrical Guest

    I'm getting more and more customers asking if I take card payments, what I find is when I leave a job without payment it takes forever to get the invoice paid even when the say ' I'll transfer the money tonight' it's usually a couple of weeks of me resending the invoice and phoning them to that classic response 'oh I forgot sorry I'll do it today'. I'd rather have a facility to extract the payment there and then at a couple of percent than spend my valuable time chasing the bill for the next month.
     
    • Like Like x 1
  13. drew35
    Offline

    drew35 Guest

    I asked my bank once and from memory I had to buy the unit, can't remember how much but it was quite a bit, and then it was £30 a month for the mobile contact etc. I didn't go for it at the time but may look into it again.
     
  14. oldtimer
    Offline

    oldtimer Trusted Advisor

    Location:
    Edinburgh
    Yep I see I must admit I have only had to chase 2 people for payment one a scattered brain woman who funny enough held a high post with a bank the other was the father of a girl who I helped by getting the shower back on for her due to a burnt out pullcord and he was based in the US and he only paid me when I contacted the girl to arrange a time and date to return to remove the pullcord so it was daughter power that got it paid. There is one thing for sure things are going to change as banks try to boost profits and one of them is taking a cut from us to transfer payment and yes I know we pay for this on our business accounts but these are token amounts compared to what they really want to charge
     
  15. imago
    Offline

    imago Electrician's Arms

    Location:
    Birmingham
    I don't take card payments at the moment, it's all BACS or cheque as I don't see why I should volunteer ANOTHER percentage for ANOTHER parasite organisation. That said I can see a time coming where it will be required, when it is I will simply pass on the cost to the customer, be it 1.5% or whatever. So they can pay by card, but they can pay for the convenience not me.
     
  16. AP Electrical
    Offline

    AP Electrical Guest

    The place that the card reader will be invaluable to me is the £50 / £100 jobs which I seem to be doing quite a lot of so adding on a fiver for card payment is neither here nor there
     
  17. Guitarist
    Offline

    Guitarist Trusted Advisor

    Location:
    Norfolk
    Most of my payments are by cheque or cash, though some do BACS. May be the area I live in (mainly retired people), but at the moment not had any need for a card reader and don't want one either.
     
  18. grantr37
    Offline

    grantr37 Trusted Advisor

    Location:
    Glasgow



    "oh I was hoping you would be too busy then give up and forget all about it"
     
  19. tonto33
    Offline

    tonto33 Guest

    Location:
    norfolk
  20. AP Electrical
    Offline

    AP Electrical Guest


    it was you!!!!!
     
  21. D80
    Offline

    D80 Guest

    With cheques destined to disappear the options and prices of the alternatives will hopefully drop. Even 2.75% per transaction seems steep to me
     
  22. Guitarist
    Offline

    Guitarist Trusted Advisor

    Location:
    Norfolk
    Cheques are no longer "disappearing".
    It was planned a few years ago, but I believe the powers-that-be decided there would be too much cash trade if they scrapped cheques. I have spoken to a few people within the banking industry and they are definitely here to stay....at least for now :)
     
  23. drew35
    Offline

    drew35 Guest

    If I offered any of my customers a card terminal attached to my phone I think they would assume I was planning on cloning their card, or emptying their account at will.
     
  24. Bubblecraft
    Offline

    Bubblecraft Electrician's Arms

    Location:
    Erskine
    MobilePOS is an app. No additional hardware needed. If a customer isn't comfortable putting in their details for payment then there are other methods
     
    • Like Like x 1
Loading...
Similar Threads - mobile payment terminals Forum Date
mobile phone antenna interference Electrical Forum Sunday at 12:14 AM
Mobile bar needed wiring Electrical Forum Oct 24, 2017
Thread Status:
Not open for further replies.

Share This Page

  • Electricians Directory Post a Domestic Job Post a Commercial Job