Chat with us, powered by LiveChat

What are merchant services?

Merchant services offer a wide range of services, other than the preparation of your credit card. There is more than one way to accept safe and effective payments. Welcome your customers credit and debit cards, both online and off-line. Merchant services covers all payment processing needs, with a bountiful number of payment gateways, online payments, e-commerce, recurring billing, infinite integrations and more, there are many ways to accept payments. We will combine your necessities and your given budget when we provide you with the trustworthy payment handling.

Factors such as what kind of business you have, how you plan to take payments, whether it is by telephone or in person, your credit history and any previous experience are the baseline of our merchant card services. As our incoming payments by card are handled by professionals, they gain insight for knowledge in order to determine what your business is missing and what steps you need to take to obtain what is missing.

We get to know you, your business and the industry you work in, so that we can build a credit or debit card payment solution that works for you, uniquely tailored to your customers needs. In order to receive the product that suits you best, call one of our experts today, regarding any payment solution.

Are business bank accounts the same as merchants bank accounts?

A topic that frequently causes confusion amongst business owners who are new to the world of payment processing. Any business bank account is the expense associated with operating your business as a whole. Merchant accounts are solely about processing and accepting incoming payments by credit or debit cards. Services such as credit card processing and EPOS till schemes are what we specialise in, which is why we will be providing a fully unified system targeted at business owners located in Cornwall.

What are the benefits of having merchant services?

With merchant services you are able to take payments from your customers that wish to use their debit or credit cards. The number of customers that now insist on paying by card over cash has increased due to the pandemic’s aftermath. If you have a merchant account, you are eligible for digital payments instead of simply accepting cash in hand. Merchant services is a necessity for small business owners to keep up with the times as the growth in card payments goes from strength to strength. Enjoy the merchant services that we provide, using them to ensure a safe and simple payment process anywhere, at any time. Merchant service solutions can become available to you in mere days.

Merchant services and misconceptions.

Simply submitting an application will not be enough for you to obtain a merchant account for your business. Having an approved account comes with a wide range of terms and processing rates the business user will need to agree on. Merchant accounts can be easier to use then you might think. When first enrolling in a merchant account it can seem very confusing. A distinguished merchant service provider will explain in more detail and support your business throughout your application process. Make sure you pick the right one scrubber make sure you pick the one that suits your business best by verifying any myths or misconceptions that surround merchant accounts and getting to the bottom to the bottom of them. Another myth surrounds the aspect that merchant services are very expensive to get started with. Merchant services can be very complicated, so making an enquiry surrounding what the cost is to start up is understandable.

Another example of a misconception surrounding merchant services is that they cost quite a bit of money to start up. When you own a small business and you are looking to increase profit and simplicity, you must think carefully before choosing your merchant services providers. If you are looking to choose a different provider another misconception is the business owner thinking they are stuck with their existing acquirer, think carefully and choose wisely. The wireless terminal solution company is there to provide you with help in order to end your contract, offering different rates and fees.

Key benefits to using our merchant services in Cornwall.

The use of our merchant services has many advantages. We are one of the leading merchant account providers in Cornwall, providing quick and easy solutions for businesses of any size. Our goal is to create a turnkey solution that helps you succeed online. We provide merchant services. Which is, new two cards and many other businesses and we aim to offer the lowest rates available on credit card processing. Residents of the United Kingdom chose to pay with their mobile phone more than ever before and with the no contact limits being increased to £45 earlier this year in order to reduce the amount people handling money, the amount of card processing transactions is likely to increase.

We understand that customers are free to pay how they want, and when they want. However transactions by card are safer. Wireless terminal solutions have made it easier than ever to create a merchant account. Whether you’re an established business or just starting out, choosing our payment platform is an easy way to get set up with all payment options you need.

Added card security.

Small businesses are responsible for ensuring that the credit card information is safe. Merchant service providers will help keep your customers safe and secure by managing your payments on various payment gateways in different websites. Merchant accounts must comply with the PCI, which provides worldwide standards on how credit card information is processed, used and then stored.

You can’t trust anybody to read through your credit card information. PCI compliant providers will help prevent any breach in security. If you are a business owner that currently accepts card payments and you are concerned over security breaches, it is strongly advised to keep your contact details up-to-date with the relevant merchant acquirer. You can contact your merchant service acquirer directly online scrap that you can contact your merchant service acquirer directly or online.

Fast payment settlement.

You may receive your money in your account from your merchant services on the same day. Wireless terminal solutions credit card processing and merchant services provide immediate access to these funds. In today’s environment, many companies focus on timelines and prompt settlement of payment. Soak up the daily management of your business with our full merchant service. Get access to your money quicker than ever and cut down on costs for payment processing – you can get a free quote if you call us today. You must remember – only certain businesses are eligible for same day settlement depending on various factors. Usually, the retailer acquires a certain level of discretion and other factors that include how you trade and what nature your business has. You can receive money from your customers by using the same day settlement service on your merchant services account.

Offer flexible payment options for your customers.

In the current climate, we must offer a number of options in order to receive payments from clients. The assistance that you will need in order to get paid on time, regardless of your credit history, high-risk merchant services is here to provide you with that assistance. Our merchant services will help you in order to avoid a credit crunch by accepting anything related to a credit card payment and such.

Every aspect of merchant services has helped business owners with many aspects of payment options and wireless terminal solutions have been assisting business owners for over 12 years in order to meet their needs.

Take advantage by accepting or debit and credit cards.

There are a number of advantages when starting to accept merchant services and any type of card processing. Businesses that accept credit card payments can indeed expand their clientele by accepting those payments. In addition, being able to accept card payments provides the merchant additional peace of mind. Our merchant services and payment technology are already in use by thousands of businesses and companies in the UK, if you would like to be a part of this which will benefit your company please call us today. The companies we work with are of all different sizes, which is how we manage and grow your business.

What types of card machines come with the merchant service account?

Once your business has a merchant services account, you need to determine the type of card machine that suits your business. Type of business they are and how they interact with their customers is what it all comes down to. While there are various carmakers in the United Kingdom, some of the best include Ingenico, VeriFone, PAX, Spire and Castle. We specialise in payment for card machines and we offer nothing but the best, including hardware that is designed to benefit your business. We provide a card dispenser feet budget and configuration. Take advantage of how owning a card machine or renting an assured long-term lease will benefit your business in the long run. While there are many types of card machines, the main ones are CounterTop card terminals which include Internet and phone line connected or mobile solutions that include Wi-Fi Bluetooth and Sim card products. They include hasslefree transactions, lower processing cost, and with a wealth of benefits that business owners will enjoy.

The Ingenico Move/5000 card machine is the next generation of credit card machine and boasts lots of benefits including a tri communication connectivity that can be set up in less than a minute, this compact contactless enabled card machine provides owners everything they need to accept debit and credit card payments. The move 5000 payment terminal is capable of processing chip and pin, contactless and near field communications, NFC.

Go the extra mile with our innovative products.

Introducing the move 5000 payment terminal, equipped with multiple connection options. The move 5000 mobile payment terminal provides a unique blend of cutting-edge hardware and is available on a rental agreement to meet the needs of your business.

FAQs

What are the benefits to having merchant services?

Put quite simply the opportunity for increased Sales. The last decade has seen the amount of businesses accept card payments with merchant services grow tenfold. It is fact, that more payments have been made by cards than by cash in the last few years.

What are merchant services?

Any money your business processes from card payments go into the merchant services account before being transferred to the business bank account. Merchant services is an online bank account set up with a merchant services provider, so it’s separate from your business bank account.

What are some of the key advantages to having merchant services?

The list is extensive, but here are just a few examples:
  • The ability to accept card payments from customers
  • Merchant services increases sales because customers are not restricted to cash only purchases
  • Merchant services provides new opportunities for sales via telephone mail order and online
  • Increased impulse purchasing opportunities as people go from browsers to buyers

How will the introduction of merchant services benefit my staff?

Introducing merchant services means staff handle less cash, reducing the potential for simple mistakes.

How long does a merchant services application take?

In most cases a merchant services application takes anything from 2 – 5 working days, once the customer has completed all relevant documentation. Every merchant services application is different and this can be based on the way the business operates, what they sell and where they trade from.

How to be kept up to date with a merchant services application?

All reputable providers should assign a dedicated account manager who manages all aspects of the merchant services application, and should keep all suitable parties involved in the merchant account application up to date.

Where do I get a merchant services application form from?

You will need to contact an affiliated merchant services acquirer (this can be a bank, ISO or independent seller) which you can source through Google. They will support and guide the business through the merchant services application form.

How do you get help with your merchant services application?

All companies who offer merchant services facilities should provide an infrastructure to provide merchant applicants the necessary support where required. If you are unsure, ask when you make an enquiry.

What documentation do I need to provide on a merchant services application?

In most cases the customer or business will need to provide proof of their business bank account. In addition, proof of ownership/director and copies of passport and address may be required. Everything will be outlined on the form and it is mandatory regardless of which merchant acquirer you use.

When I switch merchant services do I terminate my current agreement?

Everything should be outlined for you. If you are unsure check your current agreement. There have been instances where people have cancelled their merchant services agreement and then been penalised as they have broken their contract.

Who is my merchant services agreement with?

You should receive a monthly merchant services statement detailing all transactions and any relevant charges. Some businesses work with independent suppliers or an ISO but they will have a direct relation with one merchant acquirer. If you are unsure speak with them.

Who settles my funds on my merchant services?

This will always be done directly by the merchant services acquiring bank. Even in instances where your relationship is with a third party or ISO all settlement funds are never, at any time, held by a supplier.

What is the cost for terminating my merchant services contract?

This should have been outlined in the initial set up. In this instance we would suggest referring back to the original agreement, and if not speak with the acquirer outlining what implications there are for terminating the merchant services agreement.

Should I worry about PCI compliance on my merchant services account?

PCI DSS standards exist to protect the security of your customers’ credit card data. All UK based merchant accounts need to be PCI compliant and there is a criteria of requirements. It is paramount that every business that uses merchant services has this. This should be outlined in your merchant services agreement.

How to add AMEX to my merchant services account?

This should be offered at the time of setting up the merchant services account application. If you need to add this midway through the account, speak with AMEX at their Brighton offices and they will assist in getting this added to your merchant services account.

When do I receive my funds on my merchant services account?

In most instances it is typically 3 days but any restrictions should have been outlined at the time of signing up. In some cases some merchants are able to offer next day funding but this isn't available to everyone.

Do I get separate merchant services account numbers for debit and credit cards?

You will have one merchant number for face to face transactions that apply to all debit and credit cards. If you accept AMEX that will be an additional merchant services account number. If you were looking to accept payments online, or via your website you will need a separate merchant account set up.

How are my monthly fees paid on my merchant services account?

Monthly merchant fees are automatically debited from your business bank account normally in first week of each month for the previous month’s fees. This will be outlined and differs from each acquirer.

Can a sole trader have merchant services?

Yes. Anyone who is trading regardless of whether they are a sole trader, limited company or multinational retail establishment can accept debit and credit cards.

How long should I keep my merchant services transactional documents?

Most financial establishments in the merchant services industry recommend you to keep all transactional data and documentation for a period of at least 18 months.

How do I order an additional card machine for my merchant services account?

Speak with the merchant services acquirer, or speak with a card payment specialist.

Can I accept payments in more than one currency on my merchant services account?

Yes. It is advisable to check with the relevant merchant acquirer to see if this is possible. We suggest speaking with the relevant merchant services provider to discuss the currency you wish to trade in and how you wish your account to be settled.

What types of card machines come with a merchant services account?

You have 4 options. You have the mobile option which connects via a roaming SIM card. You have the portable option which connects via a router. The popular Wi-Fi card machine or the traditional countertop card machine which is popular for retail businesses who use merchant services account.

What do merchant services cost?

Some merchant services providers charge a set up fee, others don't. You will then have merchant services transaction fees, which is a set fee a business would pay on debit and credit cards for each transaction. In this instance, it is normally a flat rate or a percentage and you may have to pay an authorisation fee.

Some Of Our Clients

brand

mclaren_logo

weber-logo

gillingham-fc-logo-primary

gillingham-fc-logo-primary

gillingham-fc-logo-primary

Client Testimonials

To anybody thinking of buying this theme – buy it! The theme itself is amazing, and on top of that, the support is outstanding! I wanted some features put in, and the theme developer was more than willing to help me out!

Anna Zuckerberg

UpSolution Themes

We highly recommend Wireless Terminal Solutions – they have been great to deal with from start to finish. The chip and pin card reader came into its own at Crufts and didn’t let us down once – the connection was great. We are looking forward to our next event, and will certainly be using WTS again. Many thanks for everything

Jen Ives

Grippy Leads

Request a Quote Handmade Festival-sidebar
Menu