How you can boost your business by taking card payments


If your e-commerce turnover has increased recently, it’s important to carry out a payment gateway comparison to ensure you’re on the best rates possible.

When first launching your e-commerce website, it is difficult to make an accurate projection of future online turnover. This can make it tough to carry out an accurate payments gateway comparison and to negotiate the best transaction costs for your business.

If you don’t compare payment gateway providers accurately, you could harm your profit margins. Initially, your profits will see an uplift due to the additional revenue stream, but high payment gateway charges could damage your takings. Whether you are on a percentage-based rate or fixed fee per transaction, you could be paying too much for online payment processing.

If you’ve started seeing increases in your e-commerce turnover, it’s vital that you carry out a payment gateway comparison to help your business save money.


Parkitt Racing Handepay customer

Online motorcycle store, Parkitt Racing, were shocked by the results of their payment gateway comparison. Just by switching to Handepay, they saved 41% when processing transactions through their payment gateway.

 

“We were in the process of restructuring the business, trying to cut costs wherever possible. Our Handepay advisor saved us money on our card terminal costs, so we were pleased to discover that we could also submit our payment gateway statements to take part in the Price Challenge.

Other companies had tried to beat our payment gateway costs before and only made minimal savings. I was shocked when our advisor told us that we could save £98 per month by switching to Handepay!

Switching to use Handepay’s payment gateway was simple. We were able to complete the integration process ourselves in a matter of minutes!”

Handepay offer simple and cost-effective payment gateways and virtual terminals. With packages starting from as little as £9.99 per month, you could make huge savings by carrying out a payment gateway comparison.

What’s more, you can even submit your payment gateway statements to take part in the Handepay Price Challenge. We’re so confident in our pricing, if we can’t save you money we’ll give you £1,000!

Find out more about our payment gateway costs and see how much your business could save through carrying out a payment gateway comparison by talking to one of our friendly advisors today!

Financial disclaimer:

Terminal hire contracts are provided by Merchant Rentals Limited, who is authorised and regulated in the UK by the Financial Conduct Authority (FCA) for Consumer Hire under FRN 720500. Terminal hire can be for consumer hire and non-regulated hire contracts. Please check your contract carefully for details. Regulation of all consumer hire fall under the control of the FCA.

Handepay Ltd is authorised and regulated by the FCA for Consumer Credit under FRN 673564. Handepay is a credit broker for consumer hire not a lender.

Handepay acts as an introducer of card acquiring services on behalf of EVO Payments UK, the card acquiring service provider. EVO Payments UK is the trading name of EVO Payments UK Ltd, a payment institution that is authorised and regulated by the Financial Conduct Authority (FRN number 959332).

Existing Cards Businesses- The one-month rolling terminal hire contract from Merchant Rentals is only available to businesses that are switching from their current acquirer to EVO Payments UK arranged through Handepay.

New to Cards Businesses- The 12-month terminal hire contract from Merchant Rentals is only available to businesses that are new to card payments and wish to receive acquiring services from EVO Payments UK, arranged through Handepay.

The Next Day Banking Settlement service provided by EVO Payments UK incurs an additional fee of £4 a month on top of your acquiring service charges and fees. Provided your card machine performs a reconciliation before 12am (midnight), you’ll receive settlement of funds the next banking day.

Editorial disclaimer:

The information we provide does not constitute financial advice and might not apply to your business. Always carry out research into your business’ needs when choosing a new merchant services provider.

Sometimes, we link to other third-party websites to provide you with additional information. At the time of publication, we consider the information accurate, however, we do not have control over their content and are not responsible if any information on these websites change.

The products we display on our website are for illustrative purposes only - if your business requires additional facilities, you may receive a different model than advertised.

All of the information contained on this website, including fees, services and functionality, are correct at time of publishing. E&OE.