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Post Info TOPIC: Card Payments


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Card Payments
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 I work for a business that has numerous self-employed workers who are paid directly by their customers by either cash or cheque. We would like to be able to offer a card payment system but how could we do this so that each worker is still paid directly? The business is merely renting the rooms to the workers.

 Has anybody got any suggestions on what we could do? These would be greatly appreciated.

 Many thanks, Corinne

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Hi Corinne

A solution might be to set up a client account with your bank that the credit card payments are received into. You could have one (or several) credit card terminals that could be passed around the rooms for the workers to use. All sales taken via the terminals would go to the one client account. As soon as the payment hits the account you could then transfer the amount via bacs to the self employed workers own bank account, net of processing costs. With bank transfers generally being instant there would be no time delay in the worker receiving the funds. 

Just an idea? smile

Dustin

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"People who are exceptionally good in business arent so because of what they know but because of their insatiable need to know more"


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Thanks Dustin. That does seem worth a try. I felt sure there must be a solution but I couldn't think of one. Anybody else got any ideas?

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CBS


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The business could setup an online payments system for the customers, or have the ability to receive money by Worldpay or Paypal?

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I looked into offering a credit card payment facility but found the cost to prohibitive based on the few transactions I'd put through. I signed up with PayPal which lets customers log onto the web and pay via credit card. It's not cheap per transaction, so I only offer it to customers paying invoices annually.



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Thanks to everyone for their suggestions. I will have to look in to the costs involved.

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