For those of you who run a small business and have to take credit cards away from a landline, Paypal are introducing a new gadget that works with
smart phones, so there'll be no need for expensive monthly rentals of the existing mobile machines that we've had to use up till now. I
believe there's still testing them at the moment with traders in Shoreditch market, then rolling them out later in the summer:
https://www.paypal.com/uk/webapps/mpp/credit-card-reader
Even with the extra Paypal charges it's got to be cheaper than renting those terminals.
I saw those on a BBC news report, talk about hitting an untapped market. They were saying that the costs are a tiny fraction of a typical Barclays
terminal.
I would be very wary about security though, both as a trader and a customer.
quote:
Originally posted by Slimy38
I would be very wary about security though, both as a trader and a customer.
quote:
Originally posted by Slimy38
I saw those on a BBC news report, talk about hitting an untapped market. They were saying that the costs are a tiny fraction of a typical Barclays terminal.
I would be very wary about security though, both as a trader and a customer.
Ahh, that looks good, first I've heard of it, strange how it's not got the news coverage that the Paypal one is getting and it's
already out there and working. We do about 6 shows a year so this will be really useful, cheers.
Actually I remember it on the BBC News web site last year, but they were still having trouble with Visa, looks like it's sorted now.
And just ordered one, thanks mate looks really good
[Edited on 13/5/13 by Jasper]
quote:
Originally posted by Jasper
Ahh, that looks good, first I've heard of it, strange how it's not got the news coverage that the Paypal one is getting and it's already out there and working. We do about 6 shows a year so this will be really useful, cheers.
Actually I remember it on the BBC News web site last year, but they were still having trouble with Visa, looks like it's sorted now.
And just ordered one, thanks mate looks really good
[Edited on 13/5/13 by Jasper]
quote:
Originally posted by FASTdan
Not quite an untapped market.....
izettle
Infact, unusually paypal seem to be some way behind as looking at the link some quite fundamental information hasn't even been firmed up yet, let alone device availability.
I have an izettle - purely for use at shows and I have to say its fantastic. As has been said it completely blows traditional terminals out of the water, especially for a small time user like me who only wants it for a few shows a year - for whom monthly rental is completely out of the question.
1-off payment of £50, job done. Think they're £100 now though as the price I paid was an introductory offer. 2.75% transaction fee which is pretty much inline with any other similar device.
Gotta love technology sticking it to the big money grabbing corporates (sage, streamline etc) :-)
quote:
Originally posted by Slimy38
Wow, the amount of fuss Paypal and the BBC were making it was like they were breaking new ground with only BMS to get in their way. I have to agree with Jasper, very strange news coverage.
Iv'e had something similar from Worldpay for ages, works a treat, no monthly or upfront charges, 65p for a debit card transaction,
credit card charges are a bit steep at 3.3%, but i just pass it on to the customer after explaining the additional cost. You have options to send them
an email or txt msg receipt.
Al.
[Edited on 13/5/13 by Wadders]
quote:
No problem. Yes they sorted the visa thing - I think initially they had some workaround but now it's just like any other. Mine did take about 3 weeks to arrive, not sure what they quote for delivery time or why it took so long (possibly teething issues in the supply chain as it was quite new).