The checklist
- Find your agreement. Look for the contract end date, notice period and any exit or early termination fee.
- Get one month's statement. This shows what you really pay and is what any new offer should be compared with.
- Compare blended rates, not headline rates. See card fees explained.
- Check rented equipment. Rented machines usually go back to the old provider. Ask how and when.
- Apply with the new provider before you give notice, so nothing is left in limbo.
- Set up and test the new machine while the old one still works.
- Give notice in writing to the old provider, within the notice period.
- Update anything linked: your till integration, online checkout and payment links.