Credit Card Payments

[Belker]

Sum up is probably still the best value, and a much better device than cab app

How can Sum-up be better than CabApp ?

Sum-up charges the driver, CabApp dosen't.
The CabApp device (while it does look primative) can process a
CC payment with 'Contactless' in less than 20 seconds.

[john m]

Sum up is probably still the best value, and a much better device than cab app

How can Sum-up be better than CabApp ?

Sum-up charges the driver, CabApp dosen't.
The CabApp device (while it does look primative) can process a
CC payment with 'Contactless' in less than 20 seconds.

Cab app charge the customer which is now illegal so they will have to charge their customer ie you for supplying the service .

[Korky]

Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

The opening line of your link Korky states;
"A UK ban on extra "rip-off" charges added to card payments is set to come into force."

We are Not part of the U.K.
I'm still sceptical !

It’s european law from 13th of this month, there’s no ambiguity about it.

[Rat Catcher]

Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

Depends on the fare. Stripe is 1.4% + 25c per transaction, subject to 23% VAT. I never received any notice from Sumup regarding new T&Cs. Did anyone else?

[Korky]

Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

Depends on the fare. Stripe is 1.4% + 25c per transaction, subject to 23% VAT. I never received any notice from Sumup regarding new T&Cs. Did anyone else?

No, I didn’t get notification on any changes

[Shallowhal]

Yup... from jan 13th driver must absorb the cost,
 https://www.standard.co.uk/news/uk/ban-on-rip-off-extra-charges-on-card-payments-set-to-come-into-force-on-january-13-a3732351.html
Sum up is probably still the best value, and a much better device than cab app

Depends on the fare. Stripe is 1.4% + 25c per transaction, subject to 23% VAT. I never received any notice from Sumup regarding new T&Cs. Did anyone else?

Haven't received any info from them....but from the 13th i'll be bringing passengers to an ATM.

[Korky]

On a €20 fare it’s 55 cent.... I’ll live, might have to forgo my anual holiday in crosshaven... but thems the breaks.

[Korky]

Sum up is probably still the best value, and a much better device than cab app

How can Sum-up be better than CabApp ?

Sum-up charges the driver, CabApp dosen't.
The CabApp device (while it does look primative) can process a
CC payment with 'Contactless' in less than 20 seconds.

The sum up device is far superior to cab app. Until now cab app calculated and added the extra charge for you, the driver had to do it himself on sum up
From the 13th neither will, cab app will charge you 3.9%, sum up 2.7%

[john m]

How long before it is mandatory for all SPSVs to accept CC payments as per the review or possibly the banning of cash transactions all together ?

[Jack Meoff]

Some pubs and shops insist on a 20 Euro min transaction, but will give you cash back if it’s under the 20.

[john m]

Some pubs and shops insist on a 20 Euro min transaction, but will give you cash back if it’s under the 20.

Why would we want to hand over cash to anybody .The Rodent would probably know .What happens if a card owner rings up and tell his bank it was not him who used the card ,especially with tap and go .Would we get paid ?

[Korky]

Some pubs and shops insist on a 20 Euro min transaction, but will give you cash back if it’s under the 20.

Why would we want to hand over cash to anybody .The Rodent would probably know .What happens if a card owner rings up and tell his bank it was not him who used the card ,especially with tap and go .Would we get paid ?

The difference is that supermarkets, garages, shops etc don’t pay a % on debit cards, it’s a small set fee of a few cent, they do pay % on credit cards, but not debit, so it costs them nothing to give cash back on a debit card transaction... we pay a % on all cards... the banks do guarantee payment on tap and go, that’s why it’s a ceiling of €30, and after every 3 tap and go uses it must be used with pin, so the maximum the bank can be stung for is €90

[john m]

Some pubs and shops insist on a 20 Euro min transaction, but will give you cash back if it’s under the 20.

Why would we want to hand over cash to anybody .The Rodent would probably know .What happens if a card owner rings up and tell his bank it was not him who used the card ,especially with tap and go .Would we get paid ?

The difference is that supermarkets, garages, shops etc don’t pay a % on debit cards, it’s a small set fee of a few cent, they do pay % on credit cards, but not debit, so it costs them nothing to give cash back on a debit card transaction... we pay a % on all cards... the banks do guarantee payment on tap and go, that’s why it’s a ceiling of €30, and after every 3 tap and go uses it must be used with pin, so the maximum the bank can be stung for is €90

Thanks didnt know that .

[Rat Catcher]

€20 min seems reasonable but I wouldn't be offering cash back under any circumstances. 99.273% of chargeback claims are resolved in favour of the client, the theory being that the merchant can pursue the debt independently of the card issuer. The problem with advertising a minimum amount is that you are advertising the fact that you accept cards hence encouraging those who would otherwise hand over used notes to reach for the plastic. Best to decide on a case by case basis, IMO.

[john m]

https://www.computing.co.uk/ctg/news/3023855/online-retailers-warn-of-significant-losses-as-chargeback-loophole-proves-unstoppable