As of 10th October 2018 there is a small nominal cost associated with the service for storing and viewing Credit Card details which is based on the volume of credit card “stores” and “views” i.e. the number of times you store or view either credit card details or CVV number.
The cost per transaction will be charged at €0.03 which will be invoiced bi-annually in June and December by Net Affinity.
A transaction is defined as a card number or CCV number stored, viewed or passed to a third party e.g. Channel Manager.
For an estimate of costs for your property contact our Client Success Team who will be able to provide you with this information.The variable cost is dependent on your usage.
However, the good news is that it is possible to reduce this cost by following the best practices for accessing credit cards;
- Do not access Credit Card Details until they are actually required. They are accessible for up to 60 months (5 years)
- Credit Card details should only be required to charge an advance purchase / booking deposit or a no show, for which only then should you access the credit card details and use them.
- Credit Card details do not need be taken and input somewhere else – they are secure and safe in the payment system.