Banking Advice Guide

 

The BANKING ADVICE GUIDE for Small Businesses

BASED ON 15 YEARS EXPERIENCE HELPING UK BUSINESSES

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Credit and Debit card Merchant charges
£75.00 (£86.25 incl VAT)

 

 

 

 

 

Bank Manager says and means.

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Increasingly becoming the mainstay of the retail market, credit and debit cards and the recently arrived business and commercial cards still have an element of take it or leave it pricing.  This module will help you get inside this pricing and the underlying Interchange fees that rule it so that you can use market information and competitive pressure to achieve the most competitive rates for your business.

Content Headings of Module

  • Feedback from you about our advice
  • Frequently asked questions
  • Card types
    - Personal Credit cards
    - Personal Debit cards
    - Business and Commercial Credit cards
    - Business and Commercial Debit cards
  • Room for negotiation of rates – Interchange fees
    - What are they?
    - EU and OFT investigations
  • Payment Card Interchange Fees
    - Card Interchange
    - Credit cards
    - Debit cards
    - Merchant Service Charge (MSC)
    - OFT and EU Commission Enquiries
  • Transaction types and typical UK rates
    - Cardholder present
    - Cardholder not present
    - Sterling purchases
    - Currency purchases
  • Potential for fraud
  • Charge rates here and abroad
    - UK
    - Overseas
  • Target rates and who can expect to achieve them
  • Trade associations and major retail outlet suppliers
  • Negotiation techniques
  • Draft Bank Letter Suggestions
  • Summary

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