Shrewsbury LA, stuck in the dark ages?

[steveR]

Popped to Shewsbury Auction today and dropped of some cull ewes. Herself was with me, and went wandering off up the Lairage and came back to me washing off the trailer, and said there are some little weanlings in today, so after a quick look, we decided to come back and try on a couple of bunches.

Managed to get small bunch and then Herself went to pay while I went around. She popped out to me to say that they still cannot deal with Business Debit cards, without charging 2% for the privilege... !!!!! Really quite bizarre to seeing cheque books out like it was 20 years ago... I would struggle to recall where mine is right now.

Happily, she was told to put the "cheque in the post" as we are known customers. This really does seem weird in 2022.

Any other auctioneers still doing this, or is it a result of the financial problems of a few years ago?

 

[Mc115reed]

Popped to Shewsbury Auction today and dropped of some cull ewes/ Herself wass with me and went wandering off up the Lairage and came back to me washing off the trailer, and said there are some little weanlings in today, so after a quick look, decided to come back and try on a couple of bunches.

Managed to get small bunch and then Herself went to pay while I went around. She popped out to me to say that they still cannot deal with Business Debit cards, without charging 2% for the privilege... !!!!! Really quite bizarre to seeing cheque books out like it was 20 years ago... I would struggle to recall where mine is right now.

Happily, she was told to put the "cheque in the post" as we are known customers. This really does seem weird in 2022.

Any other auctioneers still doing this, or is it a result of the financial problems of a few years ago?

I thought it was just credit cards they had a charge for? Iv paid on debit card there a few times and if Iv been charged 2% I didn’t notice

 

[steveR]

The Office lass said it was 2% on Business Cards!! How many farms there are not using business debit cards?? Hence my query.... I recall something similiar 12-14 months ago.

 

[steveR]

I thought it was just credit cards they had a charge for? Iv paid on debit card there a few times and if Iv been charged 2% I didn’t notice

Not spending enough.... or too much!!

 

[yellowbelly]

How many farms there are not using business debit cards??

One here....




.........mind you, I still work in £sd, so a cheque book is almost a new fangled thing to me

 

[steveR]

One here....




.........mind you, I still work in £sd, so a cheque book is almost a new fangled thing to me

Ahhh, a JRM supporter then....

 

[The Jolly Farmer]

You have to remember that the auctions are only getting 3.5-4% off the payment. If the card company is charging them 2% to handle the payment, that half their income.

 

[bobk]

If you pay on the day Shrewsbury give you some more luck . well they did

 

[spin cycle]

bloomin good on em i say

 

[steveR]

If you pay on the day Shrewsbury give you some more luck . well they did

Drayton does too...

3 quid on a Grand.

 

[bobk]

Drayton does too...

You need it there

 

[steveR]

bloomin good on em i say

PITA....

 

[Highland Mule]

You have to remember that the auctions are only getting 3.5-4% off the payment. If the card company is charging them 2% to handle the payment, that half their income.

Business cards have a far higher interchange fee than personal ones too - fairly sure that’s a recent change (maybe even late January 2020).

 

[Radio]

Last year paying for some ewes and a store lamb buyer on being given his invoice, promptly pulled out a very large wad of cash and counted out the amount.

 

[steveR]

Business cards have a far higher interchange fee than personal ones too - fairly sure that’s a recent change (maybe even late January 2020).

Maybe so.... Other auctions seem to absorb the cost, or have some arrangement with the card companies?

 

[Highland Mule]

Maybe so.... Other auctions seem to absorb the cost, or have some arrangement with the card companies?

Maybe they charge higher commission rates and can stand the loss. Maybe they haven’t realised yet (wouldn’t surprise me). Unlikely to have better interchange rates though as they don’t vary that much however big you are - remember the Amazon/ Visa battle last year?

 

[bobk]

Maybe so.... Other auctions seem to absorb the cost, or have some arrangement with the card companies?

Pay by bacs over the phone , simps

 

[steveR]

Pay by bacs over the phone , simps

I'll BACS it later, but just seems weird....

 

[spin cycle]

PITA....

to much a this new fangled malarky it's 'all bib and no braces'......banks nowt but computers with no managers you can relate to....no-one knows anyone and you can't trust nobody no more.....cor blast i'm gettin suffin savage noo

i'm only 57

 

[The Jolly Farmer]

Business cards have a far higher interchange fee than personal ones too - fairly sure that’s a recent change (maybe even late January 2020).

Cashier at local market said at onetime it was a set fee per transaction but changed about the time you quoted. They charge 0.8% on Business Debit Cards, 1.8% on Business Credit Cards.