Introduction
Thank you for considering AIB Merchant Services, we are required to provide an indicative quotation for the UK Market in a specified format by the UK Payment Systems Regulator (PSR) through an online calculator. You can use this to compare our service with other providers within the UK Market, to find the best deal for you.
Please note the calculator produces a blended rate for comparison purposes as required by the PSR. We charge merchants on an Interchange ++ cost model basis, as AIBMS endeavours to have full transparency on the detail and make-up of the costs associated with accepting cards. Cost plus pricing is the transparent pass-through of each of the cost elements as outlined below. While the elements in relation to the Interchange and Card Scheme Fees may vary depending on several factors within a transaction, the Acquiring charge element will remain the fixed amount or percentage rate agreed with your acquirer.
Associated costs with the acceptance of card payments can be broken into 3 distinct elements:
- Interchange – This is the fixed fee that is charged by the Card Issuer for every transaction processed, for the most up to date current rates please visit the website of the relative Card Scheme where they publish and maintain these rates.
- Card Scheme Fees – These are the charges levied by the Card Schemes for use and development of their services.
- Acquiring Charges – These are the charges agreed to with your acquiring bank and usually come in the form of a fixed amount per transaction and / or an ad valorum % rate.
In the above example 1.58% is the Blended total fee. This % includes the Interchange, Card Scheme fee and Acquiring Charges. An Auth Fee is also included giving a total cost of a Visa Personal Credit Card Online transaction for a value of £30 would cost 52p to process with AIB Merchant Services.
Please complete the 3 fields below to get an indicative blended rate quote for your business. Prices quoted are for illustrative proposes only and are not binding rates applicable to you.
AIB Merchant Services
Janus House,
Endeavour Drive,
Basildon,
SS14 3WF
NI. 0371 200 1437
GB. 0371 200 1436
www.aibms.com
Our card payments service
This summary shows our charges for card payments, and other important information about our service.
You can use this to compare our service with other providers, to find the best deal for you.
We are required to provide this information by the Payment Systems Regulator.
Prices quoted are indicative based on the information provided and not deemed contractual.
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.44% | 1.52% | 2.20% |
| Online/phone7 | 1.55% | 1.63% | 2.61% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.43% | 1.52% | 1.93% |
| Online/phone7 | 1.49% | 1.58% | 2.43% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £30 item, you would pay:
| 43p (1.44% of £30) | + 5p (authorisation fee) | = 48p |
If your customer uses a VISA personal credit card online or by phone
to purchase a £30 item, you would pay:
| 47p (1.58% of £30) | + 5p (authorisation fee) | = 52p |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.34% | 1.43% | 1.71% |
| Online/phone7 | 1.43% | 1.53% | 2.03% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.33% | 1.42% | 1.85% |
| Online/phone7 | 1.38% | 1.48% | 2.34% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £60 item, you would pay:
| 80p (1.34% of £60) | + 5p (authorisation fee) | = 85p |
If your customer uses a VISA personal credit card online or by phone
to purchase a £60 item, you would pay:
| 89p (1.48% of £60) | + 5p (authorisation fee) | = 94p |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.30% | 1.40% | 1.69% |
| Online/phone7 | 1.42% | 1.53% | 1.59% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.29% | 1.39% | 1.89% |
| Online/phone7 | 1.38% | 1.49% | 2.01% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £100 item, you would pay:
| £1.30 (1.30% of £100) | + 5p (authorisation fee) | = £1.35 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £100 item, you would pay:
| £1.49 (1.49% of £100) | + 5p (authorisation fee) | = £1.54 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.27% | 1.36% | 1.45% |
| Online/phone7 | 1.35% | 1.46% | 1.94% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.80% |
| Online/phone7 | 1.31% | 1.42% | 2.28% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £250 item, you would pay:
| £3.18 (1.27% of £250) | + 5p (authorisation fee) | = £3.23 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £250 item, you would pay:
| £3.55 (1.42% of £250) | + 5p (authorisation fee) | = £3.60 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.34% |
| Online/phone7 | 1.34% | 1.44% | 1.79% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.34% | 1.87% |
| Online/phone7 | 1.30% | 1.40% | 2.27% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £600 item, you would pay:
| £7.50 (1.25% of £600) | + 5p (authorisation fee) | = £7.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £600 item, you would pay:
| £8.40 (1.40% of £600) | + 5p (authorisation fee) | = £8.45 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.91% |
| Online/phone7 | 1.35% | 1.45% | 2.44% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.33% | 1.78% |
| Online/phone7 | 1.29% | 1.40% | 2.25% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £1000 item, you would pay:
| £12.50 (1.25% of £1000) | + 5p (authorisation fee) | = £12.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £1000 item, you would pay:
| £14.00 (1.40% of £1000) | + 5p (authorisation fee) | = £14.05 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.91% |
| Online/phone7 | 1.35% | 1.45% | 2.44% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.33% | 1.78% |
| Online/phone7 | 1.29% | 1.40% | 2.25% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £1000 item, you would pay:
| £12.50 (1.25% of £1000) | + 5p (authorisation fee) | = £12.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £1000 item, you would pay:
| £14.00 (1.40% of £1000) | + 5p (authorisation fee) | = £14.05 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.43% | 1.53% | 1.48% |
| Online/phone7 | 1.59% | 1.67% | 2.02% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.42% | 1.52% | 1.87% |
| Online/phone7 | 1.49% | 1.59% | 2.45% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £30 item, you would pay:
| 43p (1.43% of £30) | + 5p (authorisation fee) | = 48p |
If your customer uses a VISA personal credit card online or by phone
to purchase a £30 item, you would pay:
| 48p (1.59% of £30) | + 5p (authorisation fee) | = 53p |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.34% | 1.43% | 1.44% |
| Online/phone7 | 1.43% | 1.53% | 1.89% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.32% | 1.42% | 1.81% |
| Online/phone7 | 1.38% | 1.49% | 1.91% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £60 item, you would pay:
| 80p (1.34% of £60) | + 5p (authorisation fee) | = 85p |
If your customer uses a VISA personal credit card online or by phone
to purchase a £60 item, you would pay:
| 89p (1.49% of £60) | + 5p (authorisation fee) | = 94p |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.30% | 1.40% | 1.47% |
| Online/phone7 | 1.39% | 1.49% | 1.90% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.28% | 1.39% | 1.79% |
| Online/phone7 | 1.35% | 1.45% | 2.29% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £100 item, you would pay:
| £1.30 (1.30% of £100) | + 5p (authorisation fee) | = £1.35 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £100 item, you would pay:
| £1.45 (1.45% of £100) | + 5p (authorisation fee) | = £1.50 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.26% | 1.36% | 1.51% |
| Online/phone7 | 1.35% | 1.45% | 1.92% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.75% |
| Online/phone7 | 1.31% | 1.42% | 2.24% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £250 item, you would pay:
| £3.15 (1.26% of £250) | + 5p (authorisation fee) | = £3.20 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £250 item, you would pay:
| £3.55 (1.42% of £250) | + 5p (authorisation fee) | = £3.60 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.59% |
| Online/phone7 | 1.34% | 1.44% | 1.95% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.34% | 1.78% |
| Online/phone7 | 1.30% | 1.40% | 2.25% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £600 item, you would pay:
| £7.50 (1.25% of £600) | + 5p (authorisation fee) | = £7.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £600 item, you would pay:
| £8.40 (1.40% of £600) | + 5p (authorisation fee) | = £8.45 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.96% |
| Online/phone7 | 1.19% | 1.44% | 2.39% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.33% | 1.78% |
| Online/phone7 | 1.25% | 1.40% | 2.16% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £1000 item, you would pay:
| £12.50 (1.25% of £1000) | + 5p (authorisation fee) | = £12.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £1000 item, you would pay:
| £14.00 (1.40% of £1000) | + 5p (authorisation fee) | = £14.05 |
Your costs for accepting common individual card payments5
| Mastercard | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.25% | 1.35% | 1.96% |
| Online/phone7 | 1.19% | 1.44% | 2.39% |
| VISA | |||
|---|---|---|---|
| UK-based card | Debit2 | Credit3 | Business4 |
| In person6 | 1.23% | 1.33% | 1.78% |
| Online/phone7 | 1.25% | 1.40% | 2.16% |
| Authorisation fee | 5p |
| Chargeback fee | £20 |
| Revival fee | N/A |
Example
If your customer uses a Mastercard personal debit card in person
to purchase a £1000 item, you would pay:
| £12.50 (1.25% of £1000) | + 5p (authorisation fee) | = £12.55 |
If your customer uses a VISA personal credit card online or by phone
to purchase a £1000 item, you would pay:
| £14.00 (1.40% of £1000) | + 5p (authorisation fee) | = £14.05 |
Other monthly charges
| Point-of-sale terminal (per terminal per month) | £28 + VAT |
| Gateway8 | £21.99 + VAT |
| PCI Admin Charges9 | £3.90 + VAT |
| PCI Non Validation Fee | £25 |
| Minimum Monthly Charge (MMC)10 | £40 |
| Paper Statement Fee11 | £7.50 |
| Account Maintenance Fee | £9.50 |
Other details
| Settlement time | 24 hours |
| Payment brands accepted | VISA Mastercard Union Pay12 American Express12 |
Notes
1. The proportion of your transactions represented by each card type.
2. Personal debit cards.
3. Personal credit cards.
4. Business debit cards.
5. These are the most commonly used cards for most merchants. You pay us a percentage of each card payment you receive. This varies depending on the type of card. You may also accept other card brand and types, which may cost more. You can see the cards you accept in your transaction information.
6. A card payment where the card, cardholder and merchant are all in the same place.
7. A card payment where the card, cardholder and merchant are not all in the same place.
8. A service for capturing and transferring payment data via the AIBMS gateway.
9. PCI DSS (Payment Card Industry Data Security Standards) - Charges relating to your compliance with card security and anti-fraud standards.
10. Amount payable if your monthly MSC transaction charges do not meet a minimum agreed amount.
11. AIB Merchant Services offer a free online portal to allow you obtain your monthly statements. This fee is applicable if you opt for Paper statements.
12. Only available with some gateway partners.