There are a myriad of options available to businesses looking to open a merchant account. Although each provider has its inherent pros and cons, these will depend on your specific needs, such as size of business, sector and transaction volume.
Some of the most highly regarded providers include:
- Sage Pay
- First Data Merchant Solutions
- Payment Sense
Worldpay are Europe’s most highly used merchant account provider, with a vast array of options for payment solutions and packages. They are trusted by over 300,000 UK small businesses. Their pricing is upfront and simple, with no joining fee. They offer 24/7 UK support. Their online dashboard allows real time access to your account and transactional information. Their advanced payment gateways are PCI DSS compliant, meaning they are secure, and can process a variety of cards from 116 different countries. You can also get a smart point of sale system from them all wrapped-up in your merchant account package.
Offering some of the most competitive rates in the UK and no hidden fees, Sage Pay merchant accounts provide seamless payment options that include face-to-face card transactions as well as online and phone payments. PCI DSS compliance means online payments are processed with the highest security measures and transactions are paid to you within two working days.
First Data Merchant Solutions
With decades of experience, First Data are one of the most accepting providers in the UK. Providing support for high risk businesses who would otherwise find it difficult to access merchant account services, they are one of the most popular providers for small businesses and start-ups.
Lloyds Bank Cardnet
Taking merchant services from Lloyds enables you to take your banking services and merchant services from the same supplier. However, the level of expertise received isn’t as strong as working directly with a merchant services specialist..
With over 50,000 UK customers, Payment Sense are a well regarded merchant account provider with small businesses. Providing capped rates for small businesses, they are affordable, welcoming and supportive. Their UK based support staff offer a 24/7 service that has helped Payment Sense become one of the most trusted suppliers in the country.
To find out more about setting up a merchant account, and to get help choosing the right provider, simply fill in our smart web form at the top of the page. The questions are tailored to identify your requirements and you will receive quotes from up to four providers who match your business needs.
Finding the right merchant account provider has never been so easy. The service is completely free, so you can get started right away.