a few things, when using the non-bank payment services you will pay a lot for it, and the service will not always be there, if you use the internet payment systems this may lose you business as some people are not comfortable giving details in this way, also people are not comfortable having their details being punched in to a laptop.
having dealt with many banks, there are hidden fees, such as premiums and overseas cards, and corporate cards, be sure to ask about these also.
I have been in the EFTPOS arena for a few years now and have quite some knowledge on all banks and service providers.
The main thing is to establish what you need it for, are you retail, are you at trade shows or country areas.
The next step is to find out the type of industry you are in.
One thing the banks will do is offer you there standard rates, while they expect their clients to go directly to them and not shop around for better prices. This is why i still see people paying 2+% per transactions.
We see that our clients get below the 1% mark for the credit cards (being visa/mastercard) amex and diners do charge more. And is generally not negotiable. Unless some special deals are on offer (rare), it is still good to take these cards as these card holders are likely to spend more (also dependant on your industry type).
The next few questions would depend on the expected turnover you have forecasted. And average ticket sizes.
My only advise would be to shop around before committing to one bank.
feel free to call us for free advice. www.eftposconnection.com.au
We ensure your features are met, along with price and service.
Hope this helps, quick summary; ensure you shop around. ensure you dont go to your home bank and make sure you negotiate! it is your money they are taking for this service. If you want someone to do it for free for you and ensure you get the best deal see us last.
Also it can take 10 days or more to get terminals so if you are launching soon if not already might be worth doing this early on in the piece.