Merchant Services
Lochroe can also help your business reduce the costs of accepting credit and debit cards. This service can be carried out as part of your banking review, or as a stand alone service.
On average we save businesses about 25% of this cost per annum. We work with a total of 10 suppliers of Merchant Services and use them all in each case to drive down the cost of this business expense.
To carry out an initial test of whether or not we can be of help to you, please provide us with the information below - this information can be found on the statement from you current provider.
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Total annual turnover
a) <£100k
b) £100k - £250k
c) £250k - £500k
d) £500k - £1m
e) £1m+
|
Please answer a to e |
Estimated annual card turnover
a) <£100k
b) £100k - £250k
c) £250k - £500k
d) £500k - £1m
e) £1m+ |
Please answer a to e |
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Percentage paid for credit cards
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%
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Cost per transaction on debit cards
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p
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Number of outlets with card terminals
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Outlets
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If you need help completing any of this information please contact us.
The cost for this service is worked on a percentage of estimated savings made in the first year - we will charge you 30% if you change providers, and 50% if the information is used to renegotiate with your existing provider. There is a minimum fee of £150 + vat for this service which is deducted from your final invoice.