Chat with us, powered by LiveChat

What are merchant services?

Merchant services do not only revolve around processing credit cards. There are a number of ways to welcome payment safely and effectively. Accept consumers credit and debit cards at all times, off-line and online. 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. You will be matched with the finest process of payment that stays within your budget and provide you with anything you may need.

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. All worries aside, our card payment consultants are ready to supply you with an immediate plan of action based on a detailed assessment about you and your business.

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. The right product for you is right around the corner, get in touch today with one of our experienced payment solution handlers.

Are business bank accounts the same as merchants bank accounts?

Payment processing can generate quite a bit of confusion to any recently acquired business owners. 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. We work exclusively surrounding any aspect of merchant services, and our goal is to create a perfectly unified system for business owners located in Wareham to then have access to merchant services, the processing of credit cards and EPOS till schemes.

What are the benefits of having merchant services?

Accepting payments by credit or debit cards is simple thanks to merchant services, including pay and wave which can increase in value of up to £45. 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 are essential to small businesses in order to monitor the growth and increase in credit or debit card payments. You can benefit from our merchant services, and you can offer quick, secure ways to pay whether it is in person or online. Within a few days, we can provide you with solutions regarding merchant services.

Merchant services and misconceptions.

To get a merchant account for your Wareham company, one application will not suffice. Having an approved account comes with a wide range of terms and processing rates the business user will need to agree on. If your initial thought is that using merchant accounts is difficult, there is no need to worry they are easier than they look. If you are new to merchant accounts they can seem quite disorientating at the start. A reputable merchant services provider will explain everything in great detail, and support your business through the 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 surrounding merchant services is that they cost quite a bit of money to start up. Merchant services can be quite difficult to navigate, so figuring out what the cost is in order to start is formality.

There is also a myth that merchant services are very costly to start up. If you own a small business, selecting the right merchant services provided can make your training life’s more simple and much more profitable. There are a lot of different aspects to the service that you must consider in order to make the right decision when selecting a new provider. Wireless terminal solutions is here to help you see your way out of your contract. Offering several paths into finding better rates and fees and providing superior merchant services as a result.

Key benefits to using our merchant services in Wareham.

There are a multitude of benefits to using our merchant services. We are a leading provider of merchant accounts in Wareham, offering fast and easy solutions for businesses of all sizes. We aim to build a ready made solution in order for you to succeed online. Here you can find services for switches, card newbies and many other businesses, as we strive to offer the lowest rates possible when 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.

Business owners in the UK are blessed in having a diversity of ways when it comes to accepting payments and we understand it’s all about giving customers scuppered consumers choice, and offering the option of paying how they want, when they want. Creating a merchant account with a wireless terminal solution is as easy as ever. If you are just getting started with your business or you are already established, the payment platform that you choose will make it easier to set up with all the payment options that you need.

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. Throughout a variety of payment gateways and websites merchant services providers will help to protect you and your customers by managing the payments. Merchant accounts need to be PCI compliant, meaning the payment card industry data Security standard, which provides a universal standard for how to handle, use and store credit card information.

You can’t trust anybody to read through your credit card information. PCI compliant providers will help prevent any breach in security. 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 may do so online or by getting in touch with the purchaser of your in-store services directly.

Fast payment settlement.

Same day settlement means you will receive money into your account for your in-store services much quicker. With credit card processing and merchant services from wireless terminal solutions, you are granted access to your funds right away. In the current climate, most companies are focused on steady timelines and prompt payment resolution. Get absorbed in the daily management 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 remember that same day regulations are only available to certain businesses and depend on a variety of factors stop 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 today’s environment, we need to provide as many options as possible in order to accept payments. Merchant services can give your business support it needs to be paid on time and in full, regardless of whether or not you have poor credit history, we specialise in merchant services that are highly in demand. Our merchant services will help you in order to avoid a credit crunch by accepting anything related to a credit card payment and such.

For more than 12 years, wireless terminal solutions ingenious and original approach to merchant services has helped business owners provide various payment options that meet their unique 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 who accept credit cards can effectively increase their customer base. 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 businesses of all sizes. Allow us to manage and grow your business.

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

Once your company has a merchant service account, you will have to decide what kind of card machine it needs. Type of business they are and how they interact with their customers is what it all comes down to. There are various card manufacturers in the UK, the main ones being in Ingenico, VeriFone, PAX, Spire and Castle. We are payment experts as far as card machines are concerned and we offer the best card machines around. As they are designed to advance your business. There is a card machine feet budget and installation. You can enjoy the benefits of owning your own card machine, or renting on a short or long term lease agreement. 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.

You can take your business one step further if you include our innovative products. Take any business to the next level 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