Discuss mobile payment terminals? in the UK Electrical Forum area at ElectriciansForums.net

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

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 :)
 
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.
 

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