|Industry||Electronic Payment Services|
|Headquarters||Grimsby, United Kingdom|
|Clive Kahn (CEO)|
Cardsave provides electronic point of sale terminals to merchants, plus a backup manual card processing machines, known as the "zip-zap" machine. The latter is available in case the former becomes faulty.
Cardsave was formed in 1995 by an independent retailer to negotiate lower rates for credit card processing, their aim was to reduce the processing charges that were set by the main commercial banks. Although they offered their services to various businesses, their main clients were tyre fitters and hairdressers.
On 21 December 2010 Cardsave was acquired by a former partner company, the UK card processor WorldPay.
In November 2011 Cardsave and the electronic microdonation company Pennies launched a community initiative in Grimsby and Cleethorpes, giving customers the option to top up their bill by 25p when paying by card in local shops and restaurants and donate the 'electronic' change to local charities.