mobile card processor wanted - best solution FSB vs cardsave

[bargaindoctor]

hi guys

i've just spoken to FSB and cardsave today

cardsave offered a £29.95 a month option with £50 setup fee (Which includes all calls made on mobile terminal) for a card processor that is GPRS. I will need one for mobile use. This is on 1 yr contract

FSB offers good prices on normal handheld but non GPRS, and contract for mobile terminals seem to be longer up to 36 months through a company called 123send.

I'm not really interested in anything over a year, so would like to see if there are better options. At the moment I must say cardsave is more appealling and it seems either to go with FSB or CS as their legal / tax help overlaps.

Any suggestions/opinions?

I also have to setup a business banking acc so any suggestions on this would be appreciated...

 

[davidakerr]

123Send terminals uses GPRS technology and FSB members obtain special rates. £25 set up fee; £22.50 per month rental (includes authorisation calls). Discounted Credit Card and Debit Card rates through Streamline. Free Banking without time limit for FSB members; Legal Protection Insurance included in Membership Fee. No Brainer. Do yourself a favour ....................join the FSB

 

[bargaindoctor]

ya, but problem with the 123send is it's a 36 month contract. i'd prefer something like cardsave that's only a year as i'm not sure how long i plan to do this before selling the business

 

[davidakerr]

That's why it's a higher fee, cos it's only for 12 months. Simple business economics, short term contract = higher price.

 

[bargaindoctor]

thanks for the economy lesson david. i am interested to know whether cardsave is good solution though. the shorter contract is certainly appealing, and seems like they provide similar legal type help to FSB. i'm told that if i join CS there's no need really to join FSB except for free biz banking, but halifax does 2 years free anyway

 

[JackMaurer]

Cardsave over FSB ANYTIME - Had 3 bad experiences with FSB and wouldn't recommend them for anything

 

[bargaindoctor]

thanks jack. that's very useful. what problems u had with FSB? i searched around board and loads of people rave about them. i think mostly for co-op free banking and legal help. the sales guy from FSB was very smooth. Cardsave seemed to have very decent terms. Some charges for mail order but I just need a mobile terminal to operate my services. Maybe go with them huh

 

[JackMaurer]

-first time they called me and bullied me to join, I wasn't interested then
-I completed their online application, 3 times - never had a call back
- called head office to join, gave me the wrong number for my local office
- local office referred me back to head office, nobody ever phoned me back
- phoned up 2-3 more times, never had a sales rep phone back

Gave up

 

[Christiane]

I've had a 123send mobile terminal for nearly 3 years. Never had a problem. It uses a Vodafone sim.

 

[PayPoint net]

Hi there

If you only need a mobile processing option, we have a standalone Virtual Terminal. It allows you to process payments on any device connected to the internet so you don't need any other physical terminals. We have 50% off monthly fees for the first 3 months, so you would only be paying £5/month for the first 3 months and £10 thereafter. The contract length is 12 months. You can find out more about our Virtual Terminal at

http://www.paypoint.net/solutions/payment-gateway/gateway-virtual-terminal/

Are you already processing payments? These are proving quite popular because the type of merchant account that you need to process these types of payments - a MOTO (mail order/telephone order) merchant account - is easier to obtain than an internet merchant account. We can arrange one for you if you don't already have one.

Drop me a line if you'd like any other information. Best of luck with your business!