Do you have any evidence for this 0.25% estimate, and how this 1.75% is actually split? I don't understand why there needs to be so many parties talking a cut! The card issuer should get nothing, they (usually credit provider or bank) make their profit from charging interest on the transaction amount or by providing it as a debit card with current account which usually receive zero interest due to this benefit... I assume that iZettle and others piggyback off either MasterCard/visa the main networks... but in this age, why do they need to use this cartel? With all the encryption security these days, we should have an open market for card processing networks... not a cartel mentality where the big two control most of the market. At least BACS or interbank payments are currently free lol...
thanks for the update, and yes I agree we should go back to the appropriate thread for future discussion, don't want to go off topic (embarrassed)
Nope. Rang support after the online chat. They cannot understand why it isn't connecting. The sim is one of those that selects the nearest network, (multi network) but I've tried it literally dozens of times and it just keeps coming back with "connection error...". Even drove 2 miles to test it just in case it was a blackspot in my area. They have escalated the case, they think it "may" possibly be faulty unit. The reader itself is quite nice. The screen is "touch" for when you enter your email and pw. You cn change how you connect, via settings, either GSM or Bluetooth. Tomorrow I'm going to take it out and use it via BT. Hopefully SumUp will call me to let me know what will happen. All in all, it is a piece of kit released, IMHO, too soon and hasn't been tested fully. I'll post more updates as and when on the 3G thread HERE
so have you managed to get it connected yet? also what functions/features does this 3G reader have or not have compared to the original reader? e.g can I connect it to the mobile phone app to email or text receipt to customer?
If you're on about bank account, you can choose any bank account you like to get the money paid in.