Prices Prices
We can provide ready-made or bespoke payment solutions at extremely competitive prices. This enables new customers to benefit from this service without paying for expensive development charges & on-going fees such is the norm with many providers.

 

“We believe in providing cost effective but sophisticated solutions. Our pricing is transparent, honest and we offer a very high level of reliability and support”.

 

Development & Monthly Fee:

A bespoke IVR Fully Automated Telephone Payment solution from Cyprium, can be developed from as little as £295 setup fee & £50 per month service charge. The various Payment Solutions we develop tend to have similar requirements to the majority of new requests so we can adapt these to meet your individual requirements. This enables new customers to benefit from this service without paying for expensive development charges & on-going fees such is the norm with many providers. The development fee is dependent on complexity & transaction volumes. We can discuss this with you once we know your requirements. Our transaction fee can be up to 50% cheaper than other providers! For Mobile App development costs please contact us.

 

Transaction Fee:

Cyprium will charge a transaction fee for each payment made through our system. This can be off-set by the caller & the surcharge levy as mentioned below. The transaction fee charged is dependent on volumes. We can discuss bespoke transaction costs in more detail once we know your requirements and projected volumes.

 

Tariffs for Basic Hosted Web Payment & Virtual Terminal:

 Description  Small Business  Corporate
 Monthly Fee   £14.50  Bespoke Pricing
 Transactions included  100  1500+
 Transaction cost thereafter 12.5p  TBC
 Fraud Guard  Free advanced fraud screening tools  Bespoke fraud screening tools
 Token Facility Free Free
 Support 24/7  24/7
 Backend integration available Yes /POA Yes/POA

 

 

Tariffs for Fully Automated Phone Payments:

 Description  Small Business  Corporate
 Monthly Fee  £50  £100
 Transaction Fee 30p to 50p Bespoke pricing
 Minimum monthly transaction spend  £25  n/a
 Development Fee  POA  POA
 Fraud Guard  Free advanced fraud screening tools  Bespoke fraud screening tools
 Token Facility  Free  Free
 Support  24/7  24/7
 Bespoke backend integration available  Yes/POA  Yes/POA

 

 

Surcharge:

Fixed or variable rate surcharges can be added to transactions which are paid back to you. These surcharges can cover the transaction charges on the IVR making it a zero-cost to the business. A fixed surcharge is common, typically between 60p and £1.50, or the IVR can levy a variable surcharge based on card type, typically up to £1 for debit cards and 3% for credit cards. Alternatively some customers build the cost of the payment solution in to their product cost.

 

Merchant Accounts:

With many Enquirers or Independent Sales Organisations (ISO), they will only setup a service such as an Online Payment Gateway or Virtual Terminal if you agree to source your Merchant Account through them. This normally means it’s more expensive so they can make a margin on the card transactions. Many providers charge around 1.5% to 2% for card transactions. Cyprium are different & we will get the best rate available for you & focus on delivering the best integrated payment solution.

Typical example below based on a Cyprium customer using a Virtual Terminal who is a medium to low risk company processing card payments of £11000 per month with an average transaction value of £500.

Debit Cards – 0.44%
Credit Cards – 1.04%
Business and Premium Credit Cards – 1.8%
Authorisations – 2.5p
*American Express Charges – 1.9%  
Monthly PCI compliance fee-  £4.99
Online Statements – FREE
Minimum Monthly Service Charge – £10
(Transactional charges will reach minimum monthly on card turnover projection)

This is almost 50% cheaper than some of the offers you see online.

If you need a new merchant account or wish to change providers to receive a better rate, then simply speak to us or contact us via our Merchant Account page

 

 

For more detailed information please download pdf.

Call us today on 0330 333 8444 for help or advice or complete our online request form.

 

Footer Logos