Credit card minimum charges

[Pap_sak]

Thanks everyone for the feedback. This is the new new trend so we must embrace I suppose.
I do pay a small fee for the machine and 5% plus VAT to the bank. To me the biggest annoyance is debit cards as the machine dials up even for the small amount, while on a credit card it only dials if over R100. I had 3 transactions yesterday of which one was over R50. Now to work higher on the copy prices for small volumes.

Ian switch to Capitec for the machine - you do not need to bank with capitec to use there machine - it takes around 2 days for the money to be put into your account.

Costs:

rental fee including gprs and vat: R427.50 pm (no telephone calls and quicker)
visa 3.25%
Debt: 1.75%

No other fees.

Their merchant number: 0860 66 77 06

I have 3 of their machines and have saved a fortune compare with my 5% FNB machine - the only downside to capitec's is that they do not take the RCS card