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I got a leaflet from my bank to inform me that the scheme will end on June 30th 2011.
I accept a lot of cheques and have had very few problems ,however without a guarantee card system I don’t want to take the risk.
So how do you guys do it and which card payment providers would suit a low volume trader such as myself?
Steve
Re: Cheque guarantee scheme ending soon.
I use a company called 123send and have used them for the last couple of years and had no problems with them contact http://www.123SEND.net or phone 08702030123
ColinRe: Cheque guarantee scheme ending soon.
PAYPAL …
you can send customer an email with invoice – they then log into pay-pal via link in email and pay …
we use a lot when dealing with landlords etc .. you can also have a virtual terminal via pay pal , basicaly you log in to your paypal account where you have the facility to take card details etc ..
ally
Re: Cheque guarantee scheme ending soon.
funkyboogy wrote:PAYPAL …
you can send customer an email with invoice – they then log into pay-pal via link in email and pay …
we use a lot when dealing with landlords etc .. you can also have a virtual terminal via pay pal , basicaly you log in to your paypal account where you have the facility to take card details etc ..
ally
So if you are out and about and connect to internet you can take someones card payment,is that how tit works,have a paypal account but wasn’t aware of that.
Re: Cheque guarantee scheme ending soon.
EFS wrote:I got a leaflet from my bank to inform me that the scheme will end on June 30th 2011.
Steve, I hate to tell you this but cheque guarantee cards went AWOL way back in October 2009. And many banks since that time have refused to honour even the established £75 ceiling. So golden rule since has always been…IF YOU CAN’T AFFORD TO LOSE IT THEN DONT USE IT…..!!! 😉
Re: Cheque guarantee scheme ending soon.
Martin wrote:
EFS wrote:
I got a leaflet from my bank to inform me that the scheme will end on June 30th 2011.Steve, I hate to tell you this but cheque guarantee cards went AWOL way back in October 2009. And many banks since that time have refused to honour even the established £75 ceiling. So golden rule since has always been…IF YOU CAN’T AFFORD TO LOSE IT THEN DONT USE IT…..!!! 😉
September 2009 was when they announced that the scheme was to end on June 30th 2011.
At least if a customer produces a guarantee card with £100 limit on it then they have some standing with their bank and you can compare the signatures.
As I said I have had very few problems as I do check cards and cheques carefully.
Anyway I wont be taking many cheques after June 30th which is why I posted the question about card payment systems.
Cash is of course always acceptable and without a guarantee card scheme I can insist on cash payment without sounding a bit dodgy. 😉
Steve
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