Card payments, arranged by TRC.

Payments that reconcile across every channel, at a rate we negotiate for you.

Step 1 of 3

Where is your business today?

Card acquiring

We regularly beat what businesses are paying.

We work with several acquirers, so you are not tied to one, review what you pay today and negotiate a better rate. Send us a recent card statement and we'll review it.

First Data Fiserv
Global Payments
Barclays
Elavon
AIB Merchant Services
PayArc
and others
Not tied to one acquirer. We place your account where it fits your business.
Your rate, negotiated. We review your statement.
Specialist and higher-risk sectors included.
Connected to Odoo. Point of sale and eCommerce payments reconcile in the books; TRC connects your acquirer.

How the main systems handle card payments

In-store card rates only; online, software and card machine charges are separate and shown on each comparison. As published by each vendor, checked 10 October 2026.

System · Card processing · Published in-store card rate (country, plan) · Term

Toast · Toast processing, required · Quoted by Toast · Contract with Toast

Square · Square processing · US: 2.6% + 15c (Free plan) to 2.4% + 15c (Premium). UK: 1.75% (UK cards). Ireland: 1.75% + VAT for EU and EEA cards; other cards per Square's Ireland pricing page · No long-term contract

Clover · Fiserv or a reseller bank · US, Clover Flex: 2.3% to 2.6% + 10c, by plan. UK: by business · 36-month bundles

Lightspeed · Lightspeed Payments; a monthly fee applies with another processor · US Retail: 1.5% card present (Lightspeed pricing page). UK, Ireland: not published · Varies

Shopify point of sale · Shopify Payments; card readers need it · UK: 1.7% (Basic) to 1.5% (Advanced). Ireland: 1.7% (Basic) to 1.5% (Advanced), excl VAT · Monthly; Plus on a three-year term; other term options on Shopify's site

SumUp · SumUp processing · UK, Ireland: 1.69%, pay as you go. US: 2.6% + 10c · Cancel any time

ICRTouch, Oracle Simphony · Your choice of provider · Set by your provider · Through your provider

Odoo with TRC · Your choice of acquirer, arranged by TRC · Negotiated for your business · Agreed with you

In-store card rate

Quoted by Toast

Card processing

Toast processing, required

Term

Contract with Toast

In-store card rate

US: 2.6% + 15c (Free plan) to 2.4% + 15c (Premium). UK: 1.75% (UK cards). Ireland: 1.75% + VAT for EU and EEA cards; other cards per Square's Ireland pricing page

Card processing

Square processing

Term

No long-term contract

In-store card rate

US, Clover Flex: 2.3% to 2.6% + 10c, by plan. UK: by business

Card processing

Fiserv or a reseller bank

Term

36-month bundles

In-store card rate

US Retail: 1.5% card present (Lightspeed pricing page). UK, Ireland: not published

Card processing

Lightspeed Payments; a monthly fee applies with another processor

Term

Varies

In-store card rate

UK: 1.7% (Basic) to 1.5% (Advanced). Ireland: 1.7% (Basic) to 1.5% (Advanced), excl VAT

Card processing

Shopify Payments; card readers need it

Term

Monthly; Plus on a three-year term; other term options on Shopify's site

In-store card rate

UK, Ireland: 1.69%, pay as you go. US: 2.6% + 10c

Card processing

SumUp processing

Term

Cancel any time

In-store card rate

Set by your provider

Card processing

Your choice of provider

Term

Through your provider

In-store card rate

Negotiated for your business

Card processing

Your choice of acquirer, arranged by TRC

Term

Agreed with you

Rate sources: Square US fees opens squareup.com ↗ · Square UK pricing opens squareup.com ↗ · Square Ireland pricing opens squareup.com ↗ · Clover pricing (US) opens clover.com ↗ · Lightspeed pricing opens lightspeedhq.com ↗ · SumUp pricing (UK) opens sumup.com ↗ · SumUp pricing (US) opens sumup.com ↗ .

Compare: Square · Toast · Clover · Lightspeed · SumUp · ICRTouch

How a card payment works

Who does what in a card payment

Several parties handle one card payment, and each holds a different part of the record.

The card network sets the rules and routes the transaction between the customer's bank and the retailer's side
The issuing bank is the customer's bank; it approves or declines and later collects from the customer
The acquirer is the retailer's side of the transaction; it accepts payments for the retailer and pays out the funds
The processor or payment provider passes the technical messages between terminal or website, acquirer and network; one company may play several of these roles
The retailer's own bank receives the payouts, usually net of fees and in batches

Authorization, capture and settlement

An authorization reserves funds; a capture asks for them; settlement is when money actually reaches the retailer's bank.

Odoo documents manual capture for supported online providers, so payment can be captured when goods ship
Authorizations can be voided to release funds when an order is canceled
Some providers support partial capture; this varies by provider
Store terminal payments are validated in the point of sale once the terminal confirms them

Fees, payouts and timing

Sales are recorded gross, while payouts usually arrive later and net of fees, so the difference is timing and cost, not missing sales.

Online payments post through a bank journal, optionally with a separate outstanding account per provider
Fee treatment is an accounting decision to agree with the retailer's accountant
Payouts are matched to recorded payments in bank reconciliation
Store point of sale closing compares counted cash and expected amounts by payment method

Refunds

A refund is a separate money movement that must be confirmed, not assumed from a returned item.

Refunds can be triggered from Odoo for providers that support them, fully or partially depending on the provider
Point of Sale refunds can go to a payment method or to a gift card
Marketplace refunds are executed in the marketplace's own tools
Returns and refunds stay linked to the original order so the same item is not refunded twice

Failed and duplicate transactions

Payments fail, time out or arrive twice. Each case needs an owner and a visible status.

Unpaid online orders remain quotations until payment is confirmed
A capture failure should stop dispatch until finance reviews it
Possible duplicates are checked against the provider reference before any refund
Point of sale closing with a difference above an authorized limit requires manager approval

Reconciliation across channels

Store, online and marketplace payments reach the bank through different routes and on different schedules, and finance needs one view of all three.

Store sessions post point of sale totals by payment method at close
Online provider payments post to their own journal or outstanding account
Marketplace payouts arrive after marketplace fees and refunds, and are reconciled against synchronized orders
Unmatched items keep an owner and an age until resolved

Supported providers and terminals

Odoo 19.0 documentation lists a set of supported online payment providers and point-of-sale payment terminals. Availability depends on the country, currency and the features each provider supports.

Odoo 20.0 documentation: Online payment providers (Odoo 20.0) opens odoo.com ↗ · point of sale payment terminals (Odoo 20.0) opens odoo.com ↗ · point of sale payment methods (Odoo 20.0) opens odoo.com ↗ · Bank reconciliation (Odoo 20.0) opens odoo.com ↗ · point of sale closing (Odoo 20.0) opens odoo.com ↗

Odoo applications involved

Journeys where payments matter

Is this return eligible, and has any refund already happened?

Item already refunded online. Order history shows the earlier refund, so the store blocks a second refund for the same quantity and avoids a loss that stock counts would not reveal.

The objective. The customer wants a refund or the right size today; the associate needs to accept only what was delivered and not already refunded, and send the money back the right way.

How the work flows

Store associate Finds the original online order by reference or customer and sees delivered quantity, net price per line and any earlier return or refund.
Store associate Checks item condition and reason, and confirms the quantity returned does not exceed delivered quantity less prior returns.
Store manager Approves exceptions such as a late return, missing proof of purchase or a price override, and the approval is recorded on the return. Decision: Is this return eligible, and has any refund already happened?
Store associate Records stock disposition: back to sellable store stock, to an inspection location, or to scrap.
Store associate For an exchange, sells the replacement variant from store stock and settles only the price difference.
Payment owner Refunds the original online payment where the provider supports refunds, or issues an approved alternative such as a gift card.
Finance Matches the credit note, refund transaction, store session and stock movement back to the original order.

What must stay connected

Original order reference with delivered and previously returned quantities
Net price paid per line after discounts and promotions
Returned item condition and the stock location it went to
Original payment method and provider reference
Exchange difference and how it was settled
Who approved any exception

When it doesn't go to plan

Item already refunded online

Order history shows the earlier refund, so the store blocks a second refund for the same quantity and avoids a loss that stock counts would not reveal.

Original payment cannot be refunded from the store

The return and stock are recorded, and the refund is routed to the payment owner and tracked until confirmed, so the customer receives a clear status.