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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. Whether it is online or off-line, always accept credit and debit cards from your customers. 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. We will combine your necessities and your given budget when we provide you with the trustworthy payment handling.

Merchant card services located in Kent 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.

We will retrieve information regarding you, your company and the field you are currently in, in order to establish a payment solution by credit or debit card that is well adapted to the needs of your customers. Get the know-how from one of our payment solutions experts to deliver the right product.

Are business bank accounts the same as merchants bank accounts?

It often confuses business owners who are new to the world of payment processing. Your business bank account represents any expenses associated with what it takes to run your business through to its biggest extent. When your payment is being processed and will soon be accepted it falls in the hands of our merchant accounts. We work exclusively surrounding any aspect of merchant services, and our goal is to create a perfectly unified system for business owners located in Kent to then have access to merchant services, the processing of credit cards and EPOS till schemes.

What are the benefits of having merchant services?

In store merchant services offer the ability for any customer payment to be made not only with credit or debit cards, but also pain wave transactions with a limit of £45. More and more customers insist on having the option to pay by card and under the current climate, less people are wanting to handle cash over fears caused from the pandemic. 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. In order to be acquainted with the current times and the growth surrounding card payments, merchant services are the key to obtaining that knowledge and keeping your business on track. In order to provide a quick, easy and secure payment process, use our merchant services, both physically or online. We can have you equipped with merchant service solutions in a matter of days.

Merchant services and misconceptions.

To get a merchant account for your Kent 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. One of the biggest misconceptions is that merchant accounts can be intimidating. At first they can be quite daunting if you’re not familiar with what you are getting into. In order to gain extra explanation and further details and support throughout your application process your merchant services provider will provide you with these needs. 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. There is also a myth that merchant services are very costly to start up. 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. 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. There are many different aspects of the service that you should consider before selecting the right provider for your business ‘I’m stuck with my existing acquirer’ is another common misconception. 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 Kent.

Using our merchant services has numerous advantages. We are one of the leading merchant account providers in Kent, providing quick and easy solutions for businesses of any size. 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.

We understand that customers are free to pay how they want, and when they want. However transactions by card are safer. Creating a merchant account with a wireless terminal solution is as easy as ever. Whether your business is already established or a new start-up, selecting our payment platform is a simple way to set up all the payment options your business requires.

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 must comply with the PCI, which provides worldwide standards on how credit card information is processed, used and then 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. Your merchant services purchaser can be contacted online or directly.

Fast payment settlement.

Same day settlement means you will receive money into your account for your in-store services much quicker. The credit card processing and merchant services of wireless terminal solutions are perfect for accessing funds immediately. In today’s environment, many businesses focus on payment resolution using timelines and prompts. Absorb the daily management of your company with our all-inclusive merchant services. Get your cash quicker and minimise your payment processing costs – in order to get a free quote,. You must remember that same day regulations are only available to certain businesses and depend on a variety of factors stop Typically, the merchant will acquire discretion and other factors, that include the way in which you negotiate and what your business is. 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 company the assistant it needs in order to get paid at the right time and the right amount, regardless if you have a poor credit record, high-risk merchant services are what we specialise in. 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. 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 payments technology is already in use by thousands of retailers and businesses across the UK, if you like to join the revolution in merchant processing, contact us now. 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 become equipped with a merchant services account they will then need to decide what type of card machine they will require. This all depends on which type of business they are and how they generally deal with their client. There are a variety of card manufacturers across the United Kingdom, the most popular 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. We will provide card machines to fit each budget and set up. You can take advantage of the benefits of owning your own card machine, or leasing on a short or long term rental contract. We recommend you use countertop card terminals that include ethernet and a phone line connection or mobile solutions Inc that include Wi-Fi Bluetooth and silk are unable products as your main type of card machine for your business. 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.

Our innovative products will encourage you to take the next step regarding your business.

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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