{"id":121785,"date":"2020-02-03T17:01:09","date_gmt":"2020-02-03T17:01:09","guid":{"rendered":"https:\/\/startups.co.uk\/?p=121785"},"modified":"2024-01-31T17:57:02","modified_gmt":"2024-01-31T17:57:02","slug":"credit-card-processing-fees","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/payment-processing\/credit-card-processing-fees\/","title":{"rendered":"Credit Card Processing Fees & Rates for UK Merchants 2024"},"content":{"rendered":"

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Startups.co.uk is reader supported – we may earn a commission from our recommendations, at no extra cost to you and without impacting our editorial impartiality.<\/p>\n <\/div>\n <\/div>\n[vc_column_text hash_url=”https:\/\/startups.co.uk\/credit-card-processing-fees\/#” title_type=”h1″]Taking card payments isn’t simply a matter of choosing the best <\/strong>card machine<\/strong><\/a>. Any small business that accepts card payments also has to contend with credit card processing fees.\n

You can expect to pay anything from 1.5% to 3.5% with each payment<\/strong>, depending on the credit card your customer uses. There are also authorisation fees that cost around 1p to 3p per sale<\/strong>, and merchant service fees of 0.25% to 0.35%<\/strong>.<\/p>\n

It’s important to understand the exact rates you’ll be charged each time you take a card payment. To help with this, you can use our 🔍free comparison tool<\/a><\/strong> to compare tailored quotes from top payment providers. Each charges different fees, for example:[\/vc_column_text]\n <\/p>

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\n \n \n RANKED: Our top credit card processing providers, plus their transaction fees <\/span>\n <\/div>\n \n
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