Ensure your business is maximising its profits by accepting card payments. Xonder has all you need to start now!
Ideally, every business owner should want their business to be able to take card payments – whether that be in-store or on the move. If you still are yet to introduce some form of digital payment, you’re only hurting your business and your total profits.
A study from Statista shows that in 2017, the total amount of card based transactions had overtaken the amount of cash spent. In 2021, cash purchases had amounted to a total of only 13% and is still steadily decreasing. Hence with card payments becoming more and more common by the day, it’s more important now than ever to ensure your business is fully equipped for any situation.
Here at Xonder, we aim to provide businesses with a plethora of financial products and services, not just business accounts. In this blog we will be going through our card terminals,
Why do I need a card terminal?
It’s essential your business is accommodating as many customers as possible – not being able to accept card payments when so many people don’t carry cash can put off many customers and only be considered a disadvantage. The world is moving in the direction of digital payments as we head towards a cashless society, the idea of physical money is being phased out gradually and it’s important businesses are keeping up with the change in the financial landscape. It’s also not too important for others
It makes your business look more professional. You heard right – a business that accepts other methods of payment besides cash instantly makes your business look more professional and reliable to the average new customer.
How does it work?
You can get your hands on a card terminal in different ways. Some people pay outright so they can own the card machine, although others would prefer not to invest and make such a big commitment as theyWith Xonder we offer card terminal rental, which means you pay a fixed monthly price every month
Are there any fees or charges?
Every card machine provider out there will charge for transactional fees while some will charge for extra fees such as monthly fees, setup, scheme and interchange, etc. This is where many people end up overpaying as these fees are hidden and not mentioned openly.
At Xonder, our rates can be as low as 0.3%, which is close to impossible to beat in the UK.
Why choose Xonder?
If you already have a card machine with another payment provider, we can guarantee you’ll save money if you switch to Xonder! With us, you can save up to 40% on your card terminal and unlike many other providers, you won’t be stuck in a contract with us containing additional hidden fees. If you like the idea of renting out a card machine with low rates and no commitment – then Xonder is your go-to.
