Payment Solutions for Merchants AMEX UK

The UK financial services sector now collectively spends £22,000 per hour fighting fraud and financial crime according to the latest study into the impact of regulatory compliance on the market. Every business is different and we have a range of devices available to ensure you get what you need. Whether you take payments in one place or you need the flexibility to move around the business or even the country then we have a solution for you. In a recent survey, 85% of customers said they were very or extremely happy with our transaction speeds. Helping thousands of customers around the world grow their business through payments.

• Our solution architects and teamwork closely with your business to build a bespoke solution from the ground up.
• According to Finder, 62.8 million UK adults had a credit card in their name by January 2021.
• The complete and fully mobile point of sale system that works everywhere.
• From our range of fixed, portable, mobile and online based devices you can find the best machine to suit your business needs.
• We can help you with business funding via our partner, YouLend, which offers cash advances for any amount between £3,500 and £250,000 .

See your card payment sales at a glance in real-time thanks to Worldpay’s Business Dashboard. From card sales to invoices, keep track of your earnings for the day, week or month at the tap of a button. Simply choose how you want to take payments, tell us what equipment you need and get back to business. For credit card networks to approve the transactions and send or request the funds. Most settlement and funding processes take place overnight, helping merchants to receive their payments as quickly as possible.

Accept payments online

This in-depth panel discussion reviews the effects the pandemic has had on the payment’s ecosystem, how it has forced innovation, and what the next steps might be for payments, both at home and abroad. If the service you provide gives customers the convenience and speed they are looking for, they are more likely to return because they? Ve had a good experience, which thereby increases room for profit. Our consultants spend time getting to know you and your payment needs, before recommending the best terminal and contract.

Manage all of your card-not-present payments from a single point of contact. Simply login to the Virtual Terminal page and then you’re good to go. Offer customers a simple, safe and reliable way to pay – with https://xcritical.com/ just one quick tap. Our teams will also analyse your traffic daily after go-live in an effort to identify any areas that can be improved, delivering detailed reports on the analysis of your transactions.

Gift card and loyalty programs

Our state of the art payment gateway always allows seamless integration into PMS systems and hosted payment pages with 99.99% uptime and an optimised control dashboard that affords businesses total control. Aggregate merchant accounts are also called payment service providers or payment facilitators – and that’s just what they do. Merchant account fees include one-time fees, monthly fees, transaction fees, and discount fees – all depending on your contract. For example, shops will need to fork out for a physical card reader, while eCommerce businesses have to purchase an online payment gateway before they can accept payments. For more information on this, you can visit our page on the best payment gateways. We work closely with First Data, our merchant services partner, to provide your business with a simple and secure way to take card payments – both online and offline.

Faster reconciliation and real-time reporting allows companies to get instant insights into payment trends, customer behaviour and their own business performance. Security is a top priority for any company, particularly financial companies. Payment platforms often offer high security tools such as Strong Customer Authentication, along with machine learning and AI-based security technology. They should also be compliant with all financial regulations, including PSD2 and PCI DSS. When comparing a merchant account vs payment gateway, there are a few distinctions to keep in mind.

What are the benefits of using a payment service provider?

We have two active data centres, geographically dispersed for additional security. Both of our sites accept live transactions and primary data is shared between both locations, so in payment solution brokers the event of a disaster, all key data will remain safe. At Acquired.com, we are passionate about utilising automation to save our clients time and optimise their payment strategies.

Payment service providers are best suited to small and medium-sized businesses, being lower maintenance with an easy set-up. To work out which payment service provider is best for your business, you should consider the cost, flexibility, and speed offered by each provider. Think about your existing payment infrastructure and how each payment service provider will work within it. Then, the decision is passed back to the payment service provider, which shares the result with the customer and the merchant. Merchant accounts allow you take payments in ways that improve efficiency across your business. The best way to find the right deal is to speak to suppliers that understand your needs.