How to Save Money on Payment Processing
Discover proven strategies to reduce your payment processing costs by up to 50%. Most businesses overpay for card processing. Here's how to stop leaving money on the table.
Calculate Your Potential Savings
See how much you could save by switching to Monek
4 Ways to Reduce Payment Costs
Implement these strategies to maximise your savings
Reduce Chargeback Fees
Most chargebacks are avoidable with the right fraud rules in place. Our prevention tools cut them before they hit your statement.
Learn MoreEliminate Hidden Fees
No setup fees. No monthly minimums. No PCI charges added to your statement six months in.
Learn MoreFaster Settlement
Next-day settlement means you stop borrowing against money you already earned.
Learn MoreEliminate Hidden Fees
Compare typical industry fees vs. Monek's transparent pricing
| Fee Type | Typical Competitor | Monek |
|---|---|---|
| PCI Compliance | £10–£700/month | Included |
| Monthly Account Fee | £15–£30/month | £0 |
| Setup/Onboarding | £100–£300 | £0 |
| Statement Fee | £10–£25/month | £0 |
| Chargeback Fee | £25–£40 | £0 |
| Early Termination | £100–£500 | £0 |
Quick Cost-Cutting Tips
Implement these today for immediate savings
Card payments cost you less to handle than cash, once you factor in time, theft, and bank deposit fees.
Same rate as Chip & PIN. Faster queue.
Properly classified transactions hit the lower interchange tiers automatically. You don't do anything; your acquirer should.
Where it's legal, pass the cost to customers. Disclosure rules differ for present vs non-present.
Submit batches before the cut-off so you don't get downgraded to a worse rate.
Read them. Most rate hikes get hidden in lines you never look at.
Real Customer Savings
See how much businesses like yours are saving with Monek
Ready to Start Saving?
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