We have successfully negotiated a Trade Association rate covering credit and debit cards for all e-cobr members. They are as follows:
VISA 1.235% on the net value of all Visa card payments
Mastercard 1.235% on the net value
£0.17 pence on each Delta card payment
£0.17 pence on each Electron card payment
JCB 1.485
Commercial cards 1.635%
Terminal rental TT41 on-line - all transactions authorised (Terminal type) £15.00 per month, nil monthly polling fee
Floor limits are currently set at £50.00 cardholder present, £25.00 cardholder not present.
This is a Trade Association agreement and therefore you have to be a member of CoBR to gain advantage. The Bank will need to contact CoBR using a specifc authorisation code to ensure verification of membership. In the unfortunate event of you leaving you will therefore have to re-negotiate the rate on your own behalf.