November 25, 2023 at 5:26 pm
#250003
@EK One reason maybe that card transaction fee’s are taken into consideration? Read more on this here.
On the other hand,BACS payments are usually free, or very low cost.
For payments within the UK, the costs vary depending on the type of payment. BACS payments are usually quite slow, but free or only a few pennies to process.
Joss
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