Recent content by Bainzee

  1. Bainzee

    Why would a cafe not accept card payments?

    from my experience, its mainly a combination of pure ignorance and not wanting to declare full turnover. you can pick up a machine as low as £10 per month and pay as little as 0.3% on a debit card transaction, with the added benefit of not going to the bank. the bank will charge anything between...
  2. Bainzee

    Payment provider for website selling cbd

    what platform is your website built on?
  3. Bainzee

    CBD ecommerce?

    the cbd market is one of the fastest growing that i've come across in a long time. the product is fantastic, if purchased from a good retailer. there are challenges around the ability to get a bank account and card processing. FB are currently closing down any page(s) that promote CBD and Google...
  4. Bainzee

    Government Grants For Startups.

    I would advise not to go ahead as its very suspicious. you do not need to setup a prepaid card for a government grant. The company in question is also registered in India
  5. Bainzee

    First Data issues - Anyone else having these?

    Unfortunately, this is becoming regular practice with merchant account providers. I personally think the industry needs much tighter regulation.
  6. Bainzee

    Recieving money through PayPal.

    depends on the account you have with PayPal. my advise would be to get your buyer to pay via the friends and family option as this way you will not be charged for the transaction
  7. Bainzee

    Recieving money through PayPal.

    you will be charged 3.4% + 20p for the transaction. the charge will be debited before its settled into your PayPal account
  8. Bainzee

    Business banking

    from experience dealing banks, I dont think she was mis sold as it's always advised to keep business finances separate from personal for reconciliation and accounting purposes and hence the business bank account. Technically she did not need a business bank account as a sole trader
  9. Bainzee

    UK company using Euro

    you can quote in whichever currency you want. Have you thought of settling in the currency you wan to accept? lets say your accepting EUR, settle in EUR and thus saving you on the conversion/exchange. same would apply for other currencies. do like for like
  10. Bainzee

    Credit card services withdrawn?

    most businesses that accept card payments from their customers require a merchant account, which is a financial agreement between the business/merchant and the merchant acquiring bank. It seems like the business in question has had their merchant agreement terminated by their merchant bank...
  11. Bainzee

    Chargeback probably on the way

    It would be interesting to know which merchant bank you're with as some providers can be incredibly strict on chargebacks and Worldpay being one of them recently. I really cannot see how the customer can report you for fraud. as long as the customer has seen and agreed the T&C's, you have...
  12. Bainzee

    ****** / Bitcoin on WooCommerce

    although BACS is the cheapest option for online businesses but from my experience, end users tend to be pout off by it due to trust and hassle. I advise all ecommerce businesses to have as many payment acceptance methods as possible and PayPal being one of them. If you're a business which...
  13. Bainzee

    Supplier only accepts debit card

    I agree with all of the above I costs the supplier more to accept credit card over debit card
  14. Bainzee

    Payment sense contract

    unfortunately, Patyment Sense are notorious for mis selling and its been going on for years. They are known to be the cowboys of the industry simply because majority of their sales staff are self employed. I am on your side on this one. Payment Sense offer 3 year agreements but the commissions...
  15. Bainzee

    Best payment Gateway for multiple large payments

    I would certainly not recommend Sum Up for these high value transactions as the processing fees are way too high. You want to achieve a rate less than 1% ideally. Typically taking payments over the phone can be classed as 'High Risk' by the card processors. Any particular reason for talking...
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