Debit/Credit Card Terminal

[junejuno]

Hello All,
I am in the process of setting up a hair, health and beauty studio. I will rent chairs and therapy rooms and I will not be working in the business myself. I want to set up a merchant service for the girls to use. I think that it's important that their clients have the facility to use their debit/credit cards.

Does anyone know if/how this can be done please?

Kind regards, June

 

[Kim Lawless]

All banks offer this service so I'd start with your own bank and Google debit card facilities. xxxx

 

[Lynne Baker]

Can I make a suggestion for the Federation of Small Businesses, please?
I did a lot of research about card facilities and found that Money Saving Expert website and forums recommended the FSB as offering a very good startup/rental/transaction rate, as well as offering many other benefits.
Their website is:
Federation of Small Businesses (FSB) - Britain's Largest Business Support Organisation

 

[ste]

hi i got mine through the FSB and i used the free legal help line 3 times now, is a good thing to be in.

 

[Karren]

you may also want to get in touch with RMS retail merchant services - i found these guys to have the best deals !



kx

edited - not retail management services - should have been retail merchant services !
Retail Merchant Services - Debit Credit Card Processing

 

[The Guild]

If you are a Guild Member you can get reduced rates on Barclaycard MNerchant Services. Click here to find out more.

 

[Terese]

When I was researching this I found RMS cheaper than the Fed and I belong to the Fed, depends on what sort of cards you take etc and how many per month...sometimes its the added extras that add up!so ask alot of questions

 

[Lynne Baker]

anyone got a link for RMS - I'm struggling to find this on google!
thanks awfully

 

[Karren]

Retail Merchant Services - Debit Credit Card Processing

sorry got it wrong above - should have been retail merchant services ! sorry possibly why you couldnt find it

kx

 

[perfect10kb]

Hi June ,


This is a tricky one . You have been given good advice about where to get the machine .

However on reading your posts it seems that you will have multiple people each with their own clients using this facilty . I assume that they will pay you rent and the money from treatments is theirs

Unless someone know different when you have a Merchant account money taken on cards will be paid inot ONE bank account( ie yours ) and the monthly fees/ card charges for the facility will be taken from the same bank account .

How will you keep a track of each therapists sales and how will you pay them the sales money ? Will you charge them the % charge on each sale and will each pay a proportion of the monthly rental ?


Not saying it is impossible but will be complicated to keep a track of and implement


Something to think about


Karen

 

[junejuno]

Thank you all for your input.
Perfect, yes you have it right. There will be several different people taking payment for their services. The only way round it that i can see is to have the service in the my name and therefore all monies would come to my bank account.

I could then have the stylists/therapists put a ID on each transaction so that I know who gets what.

I could then perhaps deduct the card payment from their rental. Would that work?