Cardnet - the payment solution for your business
As a business owner, you're always on the lookout for ways to reduce business costs and save time. Accepting payments by card is more convenient for your customers and has advantages for your business.
That's why Bank of Cyprus UK has negotiated competitive terms for all our business customers for the processing of credit and debit card payments with our card processing partner Lloyds TSB Cardnet*. It's easy to switch, Cardnet will complete the paperwork and you don't have to move your present banking arrangements. So what are you waiting for, switch today and save on your card processing.
| Cardnet |
| Annual Card Turnover |
Visa Credit |
MasterCard Credit |
Visa Debit |
MasterCard Debit |
Maestro (incl Solo) |
Visa Corporate |
MasterCard Corporate |
| <£500K |
1.298% |
1.281% |
20.4p |
21p |
17.7p |
2.015% |
1.949% |
| If your business has a turnover of £500k and more, Lloyds TSB Cardnet will provide a personalised quote. |
| Premium Cards Charged at Visa 1.947% and MasterCard 2.184% |
| All the rates detailed above are for chip and PIN transactions processed and authorised through online electronic terminals. |
| Terminals are available from £14.00 + VAT per month. |
Features & Benefits of Cardnet
- All major debit and credit cards accepted.
- Fully chip and PIN supported.
- Individual quotations tailored to your business' requirements.
- Convenient fee payment: you can pay your charges monthly by direct debit.
- A quick, efficient transaction system means your business spends less time processing payments.
- Reduce payments by cheque, which are costlier both to pay with and to accept as payment.
- Simplify your accounting by reducing payment paperwork.
- Accept payments through Internet, electronic and/or paper-based systems.
- Simplify your reconciliation process through detailed monthly statements, in paper format or electronically.
- Choice of a range of quality point-of-sale electronic terminals: available direct from approved suppliers.
- Reliable assistance from Cardnet's support service and helpline.
- Advice on chargeback management and fraud prevention.
- Minimum agreement term of 12-months is required.
Lloyds TSB Cardnet can also provide you with secure online payment solutions. For further details please contact your relationship manager or register your interest when speaking to a Lloyds TSB representative on the number stated below.
More information
If you would like more information, call 0800 0568 669**, to speak to a Lloyds TSB representative and quote BOCUK1/08. Alternatively text BOCUK and your name to 61119 to receive a call back.
†Online access to your Cardnet account will be £15 per month per user at the end of the free 3 month period
*All applications will be subject to their own individual credit and risk assessment.
**Lines are open 9am to 5pm Monday to Friday. Your standard mobile network charge will apply to the text message you send to Lloyds TSB Cardnet. Lloyds TSB Cardnet may monitor or record phone calls with you in case they need to check they have carried out your instructions correctly and to help improve quality of service. Cardnet is a registered trademark of Lloyds TSB Bank plc.