Next banking day settlement boosts my garage’s cashflow!

Kernahan Service is a Ford-Authorised Repairer, carrying out essential service along with MOT and warranty. Opening over 40 years ago in Witney, Oxfordshire, the business is well established in the local area.

Almost ten years ago, Charles Eveson took over the service, parts and MOT workshop. A motor expert with extensive knowledge of cars and rallying, Charles chose to keep the established company name and build upon its existing success.

Charles joined Handepay in February 2021 to benefit from our next banking day settlement* service, alongside affordable rates and great customer support.


Charles Eveson using Handepay payment solutions

“When I first took over the business, I signed up to take card payments through my bank. I was happy with the service provided, however the card payment service was taken over by a different provider.

I decided to shop around in 2019 for a better deal, and received quotes from a few providers, including Handepay. Handepay’s pricing proposition and customer support was great, however I chose to go ahead with a different provider as they offered next banking day settlement.

Next banking day settlement is very important in the day-to-day operations of my company.

We manage our cashflow very carefully. Buying parts can be costly, on top of having to give credit to the majority of leasing companies, so we must make sure that money from our sales goes into our bank account as fast as possible. Next banking day settlement allows us to manage this process effectively and minimise charges from our bank account.


Payment at garage being taken using Handepay solutionI grew to regret my decision to switch, as we had lots of issues with the new provider and I wasn’t happy with the support available. As soon as I was able, I started to shop around to find a company with better customer service.

My Handepay advisor got in touch in February 2021 to let me know that Handepay now offered next banking day settlement.

It was a great coincidence, I was keen to change providers and was pleased to see that I could save over £150 per month by joining Handepay and still benefit from faster payments.

Dealing with Handepay was so simple, the communication and customer support was fantastic compared to previous providers. I spoke with both my advisor and her manager, who came along to our final meeting. I thought this was a great touch, they were both really personable and it showed that our business would be a valued customer.


Getting set up was simple, all of the card machines arrived safely and correctly, plus our advisor was on hand to help us get started.

Finding the perfect card payment solution provider has been a long process. The majority of our sales are paid using cards, so it’s essential that we work with a supplier who meets all of our needs.

I’m glad that we’re now working with Handepay, hopefully for a very long time!”

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.