If you’re a business owner who accepts card payments, chances are you’ve wondered at some point whether you’re getting the best deal on your services. With so many providers out there offering different transaction fees, monthly charges, and hardware options, it’s easy to feel overwhelmed.
The good news? Switching card payment providers doesn’t have to be complicated or risky. At our card machine brokerage, we specialise in helping businesses make the transition smoothly and cost-effectively, without losing sales or interrupting day-to-day operations.
If you have any questions after reading this blog, or you’d like us to help, get in touch with BloomTech today. Simply call us on 07494863246 or use the contact form on our website and we’ll get right back to you. In the meantime, here’s everything you need to know about how to switch your card machine provider.
Why You Might Want to Switch Card Providers
Many business owners stick with the same card payment provider for years, even when better deals are available, simply because they assume switching will be a hassle. But staying loyal to the wrong provider can cost you hundreds or even thousands in unnecessary fees each year.
Here are some common signs it’s time to make a move:
- High transaction fees eating into your profits
- Being tied into long-term contracts with hefty early exit penalties
- Outdated or unreliable hardware
- Poor customer service or technical support
- Hidden fees or confusing pricing structures
As a merchant service broker, we compare offers from trusted UK providers and help you find the best value based on your business type, size, and turnover.
The Switching Process: Step by Step
Switching providers may sound daunting, but with the right support, it’s surprisingly straightforward. Here’s how it works:
1. Review Your Current Agreement
Start by reviewing your existing contract. Look out for:
- The end date or minimum contract period
- Any cancellation notice period
- Early termination fees
Even if you’re still within contract, we can often negotiate better terms or help you switch at the end of your current agreement.
2. Compare Merchant Services
This is where our card machine comparison service comes in. We’ll gather quotes based on:
- Your average monthly turnover
- Number and type of transactions
- Your preferred payment types (chip & pin, contactless, Apple Pay, etc.)
We’ll break down each offer in clear terms: no hidden fees, no jargon so you can see which option suits your business best.
3. Choose New Hardware
Whether you need a mobile card machine, a countertop terminal, or a fully integrated POS system, we’ll help you choose the right device for your business model. Many providers offer free or subsidised terminals when you sign up through a broker.
4. Install and Test
Your new provider will send out the terminal, usually pre-configured and ready to go. Installation is simple and can often be done in minutes. Most brokers (including us) will also offer remote support during setup.
5. Cancel Your Old Service
Once your new machine is up and running, you can cancel your existing service with minimal disruption. We’ll guide you through the correct steps to avoid any early termination fees or additional charges.
Benefits of Switching Through a Brokerage
There are several reasons why using a card payment brokerage like ours makes switching easier and more rewarding:
- Exclusive rates and offers not available when going direct
- Expert advice tailored to your industry
- A single point of contact for comparing multiple providers
- Help with contract negotiation and fine-print analysis
- Fast-track support if you run into issues during the transition
Most importantly, we act in your best interest, not the providers’.
Get in Touch With BloomTech Today!
Switching card payment providers is one of the smartest financial moves a business can make, especially if you haven’t reviewed your merchant services in the last 12–18 months. With new card machine deals emerging all the time, it pays to stay informed and proactive.
If you’re ready to cut costs, upgrade your equipment, and improve customer experience, speak to our expert team today. We’ll walk you through the entire process, so you can focus on what you do best: running your business. Call BloomTech today on 07494863246 or use the contact form on our website – we look forward to hearing from you soon!