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After seeing how much you can save with Paymentsense, we want to help you switch as quickly and conveniently as possible. This is why we offer you protection against your existing provider’s cancellation charges (excluding VAT).

Cancellation Protection gives you up to €3,000 (excl. VAT) of financial support against fees incurred from cancelling your contract with your card payments service provider. 

How to claim cancellation protection 

Step 1: Cancel your contract with your existing provider. In order for us to quickly process your cancellation protection claim, please follow the below steps to cancel with your existing provider.

Please note that we are unable to cancel your existing provider on your behalf.

Step 2: Send us your documents. Email cancellationprotection@paymentsense.com with the following: 

Step 3: We process your refund. Once we’ve received all of the required documents, it will take up to 14 days to process your refund. We will transfer the agreed amount (excluding VAT) to the bank account we hold on file for you. If there any issues with the documents provided, a Customer Support agent will contact you to help you resolve the issue.

 

Example cancellation letter

The process for cancelling your existing contract will differ depending on your previous provider. However, we recommend including all the below information in your cancellation request.

To whom it may concern,

I am writing to give formal notice for cancelling my merchant account and card payment terminals associated to the account details listed below. Please action as soon as possible. 

[Your business name]

[Your Name]

[Your business address]

[Your Number]

[Your Email]

[Your merchant/account ID]

Please respond promptly to this email to confirm my contract has been cancelled. Please also make the necessary arrangements for the retrieval of your equipment and ensure all other suppliers are aware of my termination. I also require a copy of my final statement. 

Regards,

[Your Signature]