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As Autumn gets into gear, I would expect a surge of new promotions and deals. We have already seen some pretty good promotions launched over the last few weeks.

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Comments (4)

  • don says:

    I got an email from PayPal offering me a card terminal for 99 pounds with a 2.75% fee for chip + pin transactions and 3.4% for manual swipe. Could this be a deal to earn some miles on your own/relatives cards?

    I find the fee quite high, if you consider your guide on paying for taxes. However with this you can use Amex for those not lucky enough to have the MC and earn 2.5 per £.

    • Rob says:

      Buy an izettle for your iphone from EE. £20 but you get a £20 discount on your transaction fees, which are the same as Paypal quoted I think …..

  • don says:

    That’s a good idea, I see that izettle have two readers, one with Chip + PIN and another without, it seems the EE one is without it. For the former the fees are on a rolling scale down to 1.5% and the latter seems to be fixed at 2.75 no doubt due to the lack of Chip + PIN.

    Is there anything “wrong” with charging your own/relatives cards? With PayPal you can do that into a private account, not sure whether izettle needs to be a commercial bank account.

    • Rob says:

      Probably not, but I assume they are covered by the usual money laundering rules and need to watch transaction patterns for anything suspicious, a la Paypal.