Using Barclaycard Payments?

Barclaycard Payments is one of the longest-established card acquirers in the UK and a popular choice for businesses that already bank with Barclays. Pricing is usually offered on either a blended or Interchange Plus model, and rates can vary considerably based on the agent or banking relationship that introduced the account.

Because Barclaycard onboards a broad range of merchants - from sole traders to large multi-site operators - the pricing applied to two similar businesses can look very different. A statement review is the most reliable way to see whether your specific account is competitively priced.

• Standard merchant agreements are typically 12–36 months, with terminal hire often sitting on a separate, longer agreement.
• Pricing reviews are not always automatic; rates may stay at the original level for the life of the contract unless you specifically renegotiate.

• Early termination charges may apply if you cancel before the agreed end date.
• Terminal hire agreements may continue independently of the merchant contract, so always check both documents before making any decision.
• In some cases, alternative providers may be able to contribute towards exit costs if switching genuinely makes financial sense. This is subject to approval and is never guaranteed.

We never guarantee to pay your exit fees or that you can be released from a contract. Any support with exit costs is dependent on selected alternative providers, is subject to approval and is only considered when switching makes clear financial sense.

• Rates have never been reviewed since the account was opened.
• The statement contains fees the business owner does not recognise or understand.
• Turnover has grown significantly and the business may now qualify for better pricing.
• Settlement timings or terminal hardware no longer suit the way the business operates.