Quick and easy way to see indicative charges for accepting card payments

Quick, easy and transparent way to see indicative charges for accepting card payments

This quote is based on the answers you've given and is only indicative.

Business turnover

Total card acceptance in previous 12 months
For New to Cards businesses, estimate the card acceptance turnover you would expect in the next 12 months

Business average transaction value

For New to Cards businesses, provide average projected transaction value.

Business Sector (MCC Category)*

*Should your area of business not be listed as an option, please contact us separately on 0330 400 0011 to discuss your requirements.

PayPoint acts as an introducer of card acquiring services on behalf of Cardnet, the card acquiring service provider. Cardnet is a trading name of Lloyds Bank plc, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.

Your costs for accepting common individual card payments 4

Mastercard
UK-based card
Debit1
Credit2
Business3
In Person5
Online / Phone6
Visa
UK-based card
Debit1
Credit2
Business3
In Person5
Online / Phone6

Additional charges per transaction
Authorisation Fee
£0.02
Other potential transaction charges
Chargeback fee
£15.00
Retrieval fee
£0.00

Example

If your customer uses a Mastercard personal debit card in person to purchase a £10 item, you would pay:

+ £0.02
(authorisation fee)

If your customer uses a VISA personal credit card online or by phone to purchase a £10 item, you would pay:

+ £0.02
(authorisation fee)

Other monthly charges

Point-of-sale terminal (per terminal per month) £0.00
Gateway 7 £0.00
PCI DSS service fee 8 £3.99
Minimum monthly service charge (MMSC) 9 £12.50

Other Details

Settlement time
Transaction date + 1 Banking Day
Payment brands accepted
VISA
Mastercard

    1 Personal debit cards.
    2 Personal credit cards.
    3 Business debit cards.
    4 These are the most commonly used cards for most merchants. You pay us a percentage of each card payment you receive. This varies depending on the type of card. You may also accept other card brand and types, which may cost more. You can see the cards you accept in your transaction information.
    5 A card payment where the card, cardholder and merchant are all in the same place.
    6 A card payment where the card, cardholder and merchant are not all in the same place.
    7 A service for capturing and transferring payment data.
    8 Charges relating to your compliance with card security and anti-fraud standards.
    9 Amount payable if your monthly transaction charges do not meet a minimum agreed amount. 

    Please note. Card Services are only  available as part of the PayPoint services package for which separate service fees apply.