Hi all,
There are a good few threads on this general topic area already so apologises if anyone thinks I'm duplicating slightly but the other threads didn't quite answer my question.
I am looking for the cheapest merchant account available from the banks for processing credit cards on a website. We are going with Realex as the processor, but just need to select a merchant account. (We don't want to go for Paypal or an all in one package, so it's just advice on a merchant account that I would be grateful for).
Been quoted the following from Bank of Ireland/Elavon:
One off set up fee - €199 plus VAT
Ongoing charges are 2.05% of transactions on credit cards or a flat rate 25 cent for each Laser card transaction
€30 monthly minimum charge
This is based on a credit card turnover of €30,000 for the first year and an average transaction amount of €24.99.
Is this a good price or can it be beaten elsewhere? It doesn't seem particularly cheap but I'm as far as I'm aware, AIB charge in and around much the same. Does anybody know of any cheaper alternatives?
Many thanks.
There are a good few threads on this general topic area already so apologises if anyone thinks I'm duplicating slightly but the other threads didn't quite answer my question.
I am looking for the cheapest merchant account available from the banks for processing credit cards on a website. We are going with Realex as the processor, but just need to select a merchant account. (We don't want to go for Paypal or an all in one package, so it's just advice on a merchant account that I would be grateful for).
Been quoted the following from Bank of Ireland/Elavon:
One off set up fee - €199 plus VAT
Ongoing charges are 2.05% of transactions on credit cards or a flat rate 25 cent for each Laser card transaction
€30 monthly minimum charge
This is based on a credit card turnover of €30,000 for the first year and an average transaction amount of €24.99.
Is this a good price or can it be beaten elsewhere? It doesn't seem particularly cheap but I'm as far as I'm aware, AIB charge in and around much the same. Does anybody know of any cheaper alternatives?
Many thanks.