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When should I consider a card terminal from a supplier other than my merchant bank?

How to choose the right merchant services?

Many merchant banks offer card terminals and accessories as part of their contract. But this is not always the best solution. If you are an occasional trader who will only be taking card payments for short lengths of time (at exhibitions for example) it may be cheaper to take a short term leasing deal with a specialist terminal provider who can offer you the flexibility you need.

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However, you will also still require a merchant account from a merchant bank in order to accept the payments. Always remember to shop around for the best deals and don’t assume that your merchant bank will always be giving you the best deal on a terminal.

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