Details of Preferential Rates and Discounts
HSBC / Global Payments
HSBC Merchant Services LLP and the Society of Practising Veterinary Surgeons are working together to offer members comprehensive and competitively priced card processing solutions.
Benefits to you:
- Preferential card processing charges
- No set up fee
- Free – three months rental for new HSBC Merchant Services card processing customers
HSBC Merchant Services charges, for electronic transactions only, are as follows:
| Annual/Projected credit card turnover | ||||
|---|---|---|---|---|
| Up to £150,000 | £150,001 - £500,000 | £500,001 –£1m | £1m+ | |
| Visa Credit | 1.050% | 1.040% | 1.030% |
By individual negotiation
|
| MasterCard Credit | 1.080% | 1.070% | 1.060% | |
| Visa Debit | 15.0p | 14.7p | 14.4p | |
| Debit MasterCard | 15.0p | 14.7p | 14.4p | |
| Maestro | 13.0p | 12.7p | 12.4p | |
| Authorisations: | Electronic: | 1.95p per authorisation | ||
| AVR | 10.00p per authorisation | |||
| Voice | 75.00p per authorisation | |||
| Refunds | 5p per refund | |||
| Chargebacks | £15 per chargeback processed | |||
| £5 per request for information | ||||
Terminal Rental
Free terminal rental or the first three months if you are a new HSBC Merchant Services card processing customer.
Minimum monthly service charge
There is a minimum service charge of £15. This is the minimum amount payable, monthly, per outlet even if the total transactions are less than this. Terminal rental is not included in this calculation.
- Existing scheme members: To request the new improved rates for your practice call: 0845 702 3344 (quote TA47). Please note that new rates will become effective in the month following your next invoiced statement.*
- To join the SPVS HSBC card-processing scheme: call 0800 731 8921 (quote TA47).*
*Terms and conditions will apply
