Displaying all posts with the tag 'free-tool'
Many of our customers ask us about how to take payments from their website, they're usually aware of the well known methods such as PayPal and Google Checkout; but these come with high costs in fee's which affects the price of the product they're selling.
The other alternative is to use your bank, which usually provides an internet supplier who deals with their online payments directly. This comes at an even higher cost than the previous mentioned methods due to high setup costs, further ongoing monthly costs and a percentage plus fee for every transaction made. This isn't so bad if you're turning over tens of thousands each month, but for the average small trader who has only just started trading online this is a large drawback.
For over a year now we've been using a different method that requires absolutely no setup fee*, no monthly costs and only a small percentage fee for each transaction. (The * simply refers to the type of account you setup with them, their highest setup fee is £50, which is hardly a deal breaker). This company is called Nochex - and you can find their website at www.nochex.com
You get a dedicated account manager to lease with, their card processor is very customizable, you're able to accept all credit and debit cards and the percentage fee is variable depending on how many transactions you plan to process. If there we're any downsides to this service it's that each transaction will appear on your customer's statements as "Nochex" and this isn't changeable, you do need to keep a certain amount of money in your Nochex account so that you can refund any customers at any point, and this sometimes can be quite high depending on how much you plan to process.
It's important to note this is not a sales pitch, we're not getting anything for recommending this service, we simply wanted to point you in the right direction of a good company that offers a good service, and we’ve used them for over a year and recommended many customers to them.
If you want to get an idea of how much money they might** take from your online sale use the little tool we've created below. (** the transaction fee is variable, you will need to agree this with your account manager, the standard is 2.9% + 20p which is what our calculation is using below.)
Enter the cost of the item you're selling below and we'll tell you how much Nochex would take as a fee.
Hello, This is just to remind our customers that the standard rate of VAT will go up from 17.5 per cent to 20 per cent on 4 January 2011.
Its actually nothing to be worried about, you're being encouraged to spend spend spend before the rise but in actual fact if you were to spend £100 now compared with after the 4th January, it would only cost an extra £2.13 - hardly worth splashing out now to 'save' the difference.
Being a software development company we though it might be useful if we made you a little tool to see how much something might cost you after the VAT change compared with now (and by now i mean as i write this blog).
How much will things cost after VAT rises to 20%?
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