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Cost of Mastercard transaction and card reader

Discussion in 'Technology, Communications and Gadgets' started by philwheatley, Nov 6, 2016.

  1.  
    philwheatley

    philwheatley Freshman

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    Hi Guys

    At some point my wife is thinking of moving from online only to possibly running a shop. Do you guys know if is it is a standard charge based on a percentage for all transactions taken by Mastercard?

    Also, how much on average does it cost to hire the card readers?

    Many thanks
    Phil
     
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    thelegalstop

    thelegalstop Senior Lab Tech

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    Hi Phil,

    Have you seen products like these: https://www.izettle.com/gb ?
    I think paypal have their own readers as well. I'm not recommending a given company, just saying that there may be a more affordable option, if you're prepared to use a smartphone/tablet
     
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    philwheatley

    philwheatley Freshman

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    Hi

    I appreciate your reply, I'll look at that option in addition but I more specifically need to know about the Mastercard options and related prices.

    Thanks
    Phil
     
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    missyflink

    missyflink Freshman

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