Payment Options

Magazine Exchange is pleased to accept payments in a variety of forms to suit the needs of our customers; depending upon the payment method they intend to use, customers may choose between three options when placing orders online:

'Credit / Debit Card'
'Pay Pal'
'Other Methods'

Each of these options covers a variety of payment methods, as detailed below:

Credit / Debit Card

This is the preferred option as your order can be processed and dispatched immediately. Full SSL security is enabled for your safety (see Privacy & Security)

We can accept all 'Visa' and 'Mastercard' credit cards EXCEPT 'Visa Electron' cards (card numbers beginning '4917' and '4508'). We can also accept all 'Switch' and 'Maestro' debit cards. The transaction will appear on your card statement as 'IMP Mail Order'.

** IMPORTANT **

Due to the high cost of processing card payments a £1.25 card processing fee is added to orders with a goods value below £3.50. To avoid this fee you may choose a different payment method or increase the goods value above the £3.50 threshold. Note also that the processing fee is applied when the order is processed, and therefore will not appear on the website receipt / invoice.

We cannot accept American Express or Diners cards directly, but customers can pay via Pay Pal with these cards

Overseas orders paid by card are automatically converted into your local currency by your card company

If for any reason you wish to pay by credit / debit card but would prefer not to do so through the website, then we are happy to receive the card details by phone, fax or post - see below for contact details

 

Pay Pal

If you choose this option we will arrange for a separate Pay Pal invoice to be sent to you. This will arrive by email directly from Pay Pal, and you will have to visit their website to make payment. Choosing to pay via Pay Pal will introduce a slight delay in the dispatch of your order, and will also involve an extra fee to cover the cost to us of accepting the payment:

Order Value -- £0.01 - £4.99 –------ Pay Pal fee 7.5% + 20p
Order Value -- £5.00 - £20.00 ------ Pay Pal fee 7.5%
Order Value -- above £20.00 ------ No fee

Overseas orders paid by Pay Pal will be converted into your local currency by Pay Pal

Other Methods


We are happy to accept payment by a wide variety of other methods, as detailed below. Note that in some cases these methods may introduce a significant delay in the dispatch of your order.

Sterling Cheques and Postal Orders

Sterling (£, UKP) only
- Make cheque or Postal Order payable to 'J.Arnold'
- Write your Order Number on back of cheque
- Post to Address shown below

Dollar Money Orders and Postal Orders

For US Dollar ($, USD) Money / Postal Orders only
- Use exchange rate $1.94:£1.00 to find Dollar value
- Add on an extra $8.00 to total to cover UK bank charges
- Make Money Order or Postal Order payable to 'J.Arnold'
- Write your Order Number on back of Money Order
- Post to Address shown below

Cash Payments

In Sterling (£, UKP)
- In Dollars ($, USD) - Use exchange rate $1.94:£1.00 to find Dollar value
- In Euros (E) - Use exchange rate E1.90:£1.00 to find Euro value
- Enclose Order Number when sending cash
- Cash is sent entirely at customer's risk - we suggest you wrap securely to hide contents
- Please send correct amount as we cannot give change
- Post to Address shown below

Bank Transfer

Sterling (£ / UKP) transfers only.
- Please send to our account using the details shown below:
- Bank: Yorkshire Bank
- Account Name: J R Arnold
- Account Number: 31599882
- Sort Code (Routing Code): 05 06 76
- SWIFT / BIC Code: YORKGB21676
- To avoid additional delay please notify us by email once transfer has been made

Frequently Asked Questions

Why are payments made to 'J.Arnold' rather than to a company bank account?

This is simply because our business bank account charges £1 for every cheque paid into the account, which makes receiving low-value cheques uneconomic. There are no legal or tax reasons - Magazine Exchange is a Sole Tradership, meaning that there is no legal distinction between personal and business accounts anyway. If you particularly want to pay into our business account you may do so by making the cheque payable to 'IMP Mail Order' and adding £1.00 to the value of your cheque


Can you clarify how to calculate values for Dollar and Euro payments?

For Euros:- Multiply the £ value by 1.6 to get the Euro value - ie. £10.00 becomes E16.00

For Dollars: Multiply the £ value by 1.94 to get the Dollar value - i.e £10.00 becomes $19.40

If sending a Dollar Money Order add on an additional $8.00 to the total to cover our bank charges


I am paying by credit card but I am overseas - what do I do about exchange rates?

You don't need to do anything - we will process the payment in £ sterling, and your credit card company will automatically do the conversion into your own currency using the most competitive exchange rate available.


If you have any other questions about payments please email us HERE

Contact Details for Payments

Phone: +44 (0)1773 781648
Fax: +44 (0)1773 781648
Email: payments@magazineexchange.co.uk

Post:

Magazine Exchange,
64 Market Street,
South Normanton,
Derbyshire, DE55 2EL,
United Kingdom

Remember:

- Please include your Order Number when making payment
- Cheques, Postal Orders etc should be payable to 'J.Arnold'