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Costs

CostsWe are categorically NOT looking to exploit a market where every pound is hard won. We would pull the plug tomorrow if we thought that the service we offer didn't add real value and benefit to Vendor Organisation, the people who run them and their Customers.

Much as we might like to offer our services for free, we cannot. However, we do strive to keep costs as low as possible. For example, the more Vendor organisations we sign up and the more transactions that go through the site, the cheaper we will be able to make our services. 

We don't operate a standard charge as such - see 'Tailored Deals' below - but we do have a maximum rate of 3.25% of sales. Most Vendor Organisations usually pay a significantly lower rate.

Example Charges - Worst Case

So what does this mean in practical terms? Taking a typical membership priced at £20 and our absolute maximum rate of 3.25%, our charge would be 65p.

Some Clubs choose to pass this on in the membership fee; others just accept it as a cost of convenience. Worst case, it means that it will cost you around a pound to collect each £30 of your Membership and gather all your membership data in a database-ready format. Available day or night. Rain or shine. High day or holiday. 24x7x365.

Few of our current Vendor Organisations are paying the maximum rate; most pay substantially lower rates. Larger clubs with higher fees will normally benefit from lower rates as we are able to recover our costs that much quicker. If you believe this applies to your club, please let us know and we will review yor rate. 

Tailored Deals

Regardless of where you start on the scale, there are two things that Vendor Organisations can do to help to help them drive down charges:

  • Sell lots of Products - where an Organisation brings us large quantities of business we will lower their rate
  • Recommend us to new Vendor Organisations - new business increases card throughput and potentially lowers the rates we pay to the card companies, allowing us to reduce the rates we charge Vendor Organisations


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