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Card Surcharging & Cost Saving Opportunities for Toad Hall Cottages

By James Russell: Card Surcharging & Cost Saving Opportunities for Toad Hall Cottages

December 14, 2017

Bank Brokers’ Hospitality & Catering sector clients care deeply about delivering great service for their clients, but wish to do so at a fair market rate. In turn, they expect their suppliers to also deliver fair value for money. So, we are delighted to have helped another UK-based company – this time Toad Hall Cottages – to reduce their merchant services’ fees ahead of the change in UK Government Legislation on surcharging next year.

With the advent of new legislation on 13th January 2018, preventing UK companies from passing on the cost of taking bookings by card to their clients, there has never been a more important time than now to address any potential cards-related cost reduction opportunities.

We decided to commission Bank Brokers to review our merchant acquiring following attendance at an industry event. We were aware of the impending industry changes relating to the abolition of surcharging and the potential impact on our business. We were keen to ensure that we were positioned to minimise our card costs where we expect to see a migration from debit card to credit card. Bank Brokers’ knowledge, leverage and sector experience has delivered a truly compelling outcome with our existing merchant acquirers. Great people and great service. Thank you Bank Brokers!”

 James Norton, Director, Toad Hall Cottages Limited

We recently interviewed Bank Brokers, for the full interview click here

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