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What are merchant services?

At merchant services the services are not limited to credit card processing. You have various options when it comes to accepting incoming payments in a secure and efficient manner. Accept consumers credit and debit cards at all times, off-line and online. When it comes to needs during the payment process, online payments, e-commerce, recurring billing cycles, types of integration and many more things to choose from, merchant services will provide these services as there is more than one way to receive a payment safely and securely. You will be matched with the finest process of payment that stays within your budget and provide you with anything you may need.

Merchant card services located in Leatherhead include a multitude of defining aspects, such as what field your business is in, how you expect to be receiving payments, in person or over the phone, your credit past and past experience. In order for you and your business to succeed, you will need to put a plan in place. Our card payment specialists will develop any notable aspects surrounding what will affect your business in a more positive way.

Payments made by credit or debit card depend on you, your business and the field you’re in. You will be given a quick fix that we offer based on retrieved information. Tap into the expertise of one of our payment solution experts to deliver the perfect product for you.

Are business bank accounts the same as merchants bank accounts?

An issue that frequently causes confusion among business owners who are new in anything involving payment processing. Any business associated bank account equals the cost of running your business globally. Merchant account deals exclusively with merchant processing and acceptable scrubber and acceptance of debit and credit card payments. We work exclusively surrounding any aspect of merchant services, and our goal is to create a perfectly unified system for business owners located in Leatherhead to then have access to merchant services, the processing of credit cards and EPOS till schemes.

What are the benefits of having merchant services?

Merchant services will give your company the opportunity to allow your customers to pay you via credit or debit cards. For scrub that The amount of customers choosing to pay by card versus cash due to their fears that were brought on by the pandemic has increased significantly. With a merchant account, your company will be able to accept thus lowering the number of checks or notes you will have to come into contact with. 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. You can benefit from our merchant services, and you can offer quick, secure ways to pay whether it is in person or online. We are able to equip you with merchant service solutions in just a few days.

Merchant services and misconceptions.

Getting a merchant account for your Leatherhead business takes more than filling out an application. Having an account that has been approved is accompanied by a variety of terms and rates of treatment that must be agreed upon by the commercial user. Merchant accounts are not as difficult as they seem.. At first they can be quite daunting if you’re not familiar with what you are getting into. A distinguished merchant service provider will explain in more detail and support your business throughout your application process. In order to choose the right one for your business you must dig deep on any myths and misconceptions you may know about merchant accounts and find out the truth. Another example of a misconception that surrounds merchant services is that they can be expensive to start with. Merchant services can be quite difficult to navigate, so figuring out what the cost is in order to start is formality.

Another example of a misconception that surrounds merchant services is that they can be expensive to start with. If you own a small business, choosing the right merchant service provider will ease your merchant life and make it more beneficial. There are various sides to the service that you must think carefully about prior to choosing a new provider for your business. Wireless terminal solutions are help ahead scrubber wireless terminal solutions are here to help you get off the hook, providing different parts in order to find more suitable rates and fees.

Key benefits to using our merchant services in Leatherhead.

The use of our merchant services has many advantages. We are a leading provider of merchant accounts in Leatherhead, offering fast and easy solutions for businesses of all sizes. Our goal is to create a turnkey solution that helps you succeed online. If you are looking for the lowest rates available on credit card processing, our merchant services will provide. Many people in the UK are now choosing their mobile devices to pay for their goods and a contactless transaction. As the limit is now £45 since April 2020 it is likely that card processing transactions will go up.

While business owners in the UK are aware that consumers still exercise their rights to pay in any way they prefer, business owners are lucky in a number of ways when it comes to accepting payments. It has never been so easy to set up a merchant account with wireless terminal solutions. If your company is well established you will need a secure payment platform that is easy to use, if you are just getting started, you will need to choose wisely surrounding what payment platform will best suit your company.

Added card security.

Small businesses must take responsibility and ensure that their credit card information for. Small businesses must ensure the responsibility scrubber small businesses have a responsibility to ensure the security of their credit card information. Merchant service providers can help you protect yourself and your customers by managing payments on various payment gateways and various websites. Merchant accounts must conform to the PCI which provides a universal standard for how credit card information is processed, used and stored.

You may not trust anybody to look through your credit card information, gather information on working with a provider that complies with PCI. If your business accepts card payments and you are worrying about security breaches, we recommend you to keep any information of your point of contact with your 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.

Noting on the same day means that you will receive money into your account from your merchant services much much faster. Credit card processing and merchant services provided by wireless terminal solutions allow access to these funds right away. In today’s environment, many companies focus on timelines and prompt settlement of payment. Absorb yourself in the day-to-day running of your business with our comprehensive merchant service. Get your money quicker and lower your payments processing costs – call us today for a free quote. You must note that, same day settlement will only be accessible to select businesses as it depends on a variety of factors. In general, the merchant acquires discretionary power and other factors, including the way you negotiate on the nature of your business. Same day settlement service on your merchant services account will enable any business owner to accept funds and payments from customers.

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. Merchant services can provide your business with the help it needs to get paid on time and in full, even if you have a bad credit history, we specialise in high risk merchant services. Our merchant services can help you beat the credit crunch by accepting payments to credit cards and related products.

For over 12 years, wireless terminal solutions innovative and creative approach to all aspects relating to merchant services has been helping business owners with a variety of payment options that meet their particular needs.

Take advantage by accepting or debit and credit cards.

The benefits of accepting merchant services and card processing are numerous. Companies that accept credit cards are able to increase their clientele, thus increasing the profits. The ability for your business to accept card payments will ensure peace of mind for the merchant. 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. We work with small and medium-size companies. So we can manage and grow with your business.

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

Once your business has become equipped with a merchant services account they will then need to decide what type of card machine they will require. It all comes down to the type of company they have and the interactions they have with their customers. There are different carmakers in the United Kingdom, the major ones being Ingenico, VeriFone, PAX, Spire and Castle. In respect to card machines we are experts in the field and we offer the best regarding those card machines. We have one mark distributor feet budget on configuration. The advantages of owning your own card machine are numerous, while you can also rent if you do not wish to purchase one. 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. Every single one comes with a variety of benefits and owners will benefit from stress free transactions and lower processing costs.

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.

Your business to a new level with our ingenious 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.

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