Millions of UK private and public sector businesses use credit, debit and purchasing cards for business transactions, however many businesses, membership associations and charitable organisations are still not accepting debit and credit card payments. Instead they continue to rely on cheques or even worse manual invoicing which inevitably causes payment delays.
Part of the reason for this problem is that it can be rather complex to be granted a Merchant Account and it's often not encouraged by your existing banking relationship. The banks often view the applications as being risky and carry out stringent vetting procedures which pose numerous hurdles for many businesses. Most companies also don't realise that you can apply for a Merchant Card Account with other Bank Acquirers and not only through your own bank that has your current company account.
It is proven that along with direct debit payments, by allowing your customers to pay by debit or credit card your business will convert more sales and your customers will appreciate the added convenience and flexibility you're giving them.
Benefits of our service include:
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