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. The ways in which payments can be obtained safely and efficiently are endless. Welcome your customers credit and debit cards, both online and off-line. Payment process, all aspects of payments, online payments, e-commerce, recurring invoicing, and all types of integrations are some of the many services that merchant services cover when you wish to receive payments. Your needs and your budget will be taken into account by our secure payment processor.

Our merchants card services in London is based on a multitude of things, including the type of business you own, how you plan to take payments, over the phone or face-to-face, your credit history and prior experience. 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 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. 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?

If any business owner isn’t familiar with the concept of payment processing, it can create a significant amount of disorientation. 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. 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 London.

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. Enjoy the merchant services that we provide, using them to ensure a safe and simple payment process anywhere, at any time. Within a few days, we can provide you with solutions regarding merchant services.

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. 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 not aware of how merchant accounts work they can seem quite intimidating. A distinguished merchant service provider will explain in more detail and support your business throughout your application process. Choose carefully scrubber choose the right one for your business carefully by checking out these misconceptions surrounding merchant accounts and getting to the truth. Another myth surrounds the aspect that merchant services are very expensive to get started with. Merchant services can be quite difficult to navigate, so figuring out what the cost is in order to start is formality.

There is a myth surrounding merchant services, that means it is expensive to get started with a merchant service. If you are a small business owner, choosing the right merchant services providers can make your life as a merchant easier and more profitable. 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. If you need help ending your contract, wireless terminal solutions is there to help. Also offering a number of rates and fees while providing different methods and services.

Key benefits to using our merchant services in London.

There are a multitude of benefits to using our merchant services. Regardless of the size of your business, we offer quick and simple solutions through our merchant account. 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. 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. Registering as a merchant through wireless terminal solutions has never been this simple. 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. 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 conform to the PCI which provides a universal standard for how credit card information is processed, used and stored.

Not everyone can be trusted to monitor your credit card information. Avoid this by working with a provider that complies with PCI. If your business is currently accepting payments by card and you are worried about security vulnerabilities, it is highly advisable for you to keep any contact information up-to-date with relevant acquiring merchants. You can contact your merchant service acquirer directly online scrap that you can contact your merchant service acquirer directly or online.

Fast payment settlement.

Same day settlement means you will receive money into your account for your in-store services much quicker. Credit card processing and merchant services provided by wireless terminal solutions allow access to these funds right away. In the current environment, many businesses are focused on not only timelines but timely payment settlement. Soak up the daily management of your business with our full merchant service. Get your money faster and reduce your payment processing fees – call for a free quote today. You must note that, same day settlement will only be accessible to select businesses as it depends on a variety of factors. 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.

Under the current environment, there is a need to provide various options when accepting payments. In order to get paid on time and in full, regardless of your credit record, we specialise in high risk merchant services. It could give your business the help and support it needs. Our merchant services can assist you in overcoming the credit crisis by accepting credit card payments and related products.

If you are looking for an innovative and creative approach regarding aspects of merchant services with a variety of payment options that will meet your specific needs, wireless terminal solutions have more than 12 years experience in this field.

Take advantage by accepting or debit and credit cards.

There are numerous benefits in starting to accept in-store services and card processing. Companies that accept credit cards are able to increase their clientele, thus increasing the profits. In addition, being able to accept card payments provides the merchant additional peace of mind. If you would like to take part in our merchant services and payment technology, much like thousands of retailers and businesses across the UK, please call us today. We work with businesses that are small medium or big so that we are able to manage and fully develop your company.

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. This is all dependent on the type of business they are and how they engage 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 a card machine for every budget and set up. You can enjoy the benefits of owning your own card machine, or renting on a short or long term lease agreement. The major types of card machines for business owners to use are our CounterTop card terminals or mobile solutions that include Wi-Fi Bluetooth and Sim card enabled 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.

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.

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