Friday, June 15th, 2018
In addition to attentive customer service and fair rates, you want a merchant account provider that can offer you more, like full-service payment solutions, accepts multiple currencies, and offers cutting-edge technology.
Find the 7 best UK merchant account providers that offer services and much more here:
Established in 1989 under its original business name, Streamline, Worldpay is known as the UK’s top dedicated merchant service provider. The large-scale, global processor pioneered web-based payments in the early 1990’s, and boasts that it handles 42% of all transactions in the United Kingdom. Its offerings of full merchant account solutions and flexible pricing plans make it one of the top merchant service providers in the UK. Also, its strong customer support channel makes it attractive to all types of businesses.
2. Sage Pay
Known as Sage’s payment division, Sage Pay offers full-service merchant account services to businesses throughout the UK. Merchant account holders receives funds into their bank accounts within two business days, and fees start as low as £0.59 per transaction. Payment solutions are available for online, phone, face-to-face, and invoice payments and more than 25 currencies are supported.
3. First Data
As a global technology leader, First Data offers state-of-the-art payment solutions for terminal, mobile, and point-of-sale systems. The full-service accounts offered allow customers to get the most value out of every transaction. Due to its wide reach in the sector, it operates in countries all over the world and is able to support multiple currencies. Some of its ecommerce solutions include hosted payment pages and API integration.
Founded in 1989, Payzone is a consumer payments acceptance network that specializes in providing payment solutions for small and midsized businesses. Since it is a payment solutions broker, it works with third-party merchant account acquirers to negotiate lower rates for customers. Additional offerings include: payment gateways, virtual terminals, and a host of technology, including online portals and PDQ machines. It offers a range of card machines that accept all major credit and debit cards in 17 different currencies and offers many value-added features, such as eInvoicing. Also, it doesn’t charge a set-up fee and customized pricing plans are available.
Founded in 1991 as NOVA Information Systems, Elavon provides payment processing solutions and services to businesses of all sizes. Elavon offers customized solutions for specific industries, including airlines and restaurants. It supports 48 different currencies, and offers a full range of product and services, including an online payment gateway and numerous software options, including iMerchantConnect, which offers online reporting and customer management, and talech, which is an app that allow customers to use iPads as functioning point-of-sale machines.
6. Global Payments
Operating for more than 50 years and headquartered in Atlanta, Georgia, Global Payments is one of the largest credit card processors in the payment processing industry. It started in 1967 as National Data Corporation, and it is the preferred supplier for credit card processing in the UK for HSBC, the seven largest bank in the world.
Global Payments Inc. is a worldwide provider of payment technology and software solutions to customers globally, and processing is available in 140 currencies. It works with businesses in many different industries and offers specific solutions to those in retail, hospitality, online, and education.
7. Retail Merchant Services
Founded in 2007, Retail Merchant Services is a reseller for Elavon. As a reseller, its customers have access to all of Elavon’s products and services. Retail Merchant Services provides software and technology, including card machines, online payment gateways, and virtual terminals, as well as online and phone payment services. Also, Retail Merchant Services serves more than 27,000 merchants in the UK and Ireland.
Topics discussed in this article:
- Best UK merchant account