Want to accept cards in your business? You'll need a merchant account.
At Payzone, we can help you get set up with one.
A merchant account holds the payment funds whilst your customer's card details are checked, to make sure they have the money available.
They're then securely transferred to your business bank account and the payment is complete.
Better known as credit card processing, merchant services cover the handling of card payments.
If you’re looking to get set up with a merchant card service, we can get you started.
We can help with card payment solutions including:
We offer one of the shortest contracts on the market at just 12 months.
We have clear and straightforward pricing and no set up fees.
We have a team of specialists, who'll create you a bespoke pricing package.
Our dedicated account management team are on hand 7 days a week.
If you want to accept credit and debit card payments, you'll need one.
A merchant services account is a bank account where funds are deposited every time you process a card payment, whether that’s through a card machine, online or over the phone.
Nothing. There are no extra costs to set one up, as this is all part of setting up card processing solutions for your business.
As part of your bespoke pricing package, you should expect to pay a monthly fee, a merchant service charge (also called transaction fees) and an authorisation fee (acquirer charge).
Your processing fees will depend on the types of card payments you take. As an example, credit cards and debit cards could have different fees.
The merchant service charge will be agreed between you and your acquirer, but if you don’t meet the agreed fee, a minimum monthly service charge is likely to apply. To ensure you’re processing secure payments, you’ll also need to pay a PCI compliance fee.
If you’re happy with your quote, your account is taken for approval with one of our acquiring banks.
After this has been approved, you’ll be given a merchant account and assigned a merchant ID. That's it!
We're specialists in helping medium and small businesses with card payments, get in touch today.
The account acts separately from your normal business bank account.
Every time you take a credit or debit card payment, the funds are held here before being transferred to your business bank account where you’ll be able to access them.
With over 25 years of experience supporting thousands of independent UK businesses with their payment solutions, we understand that not every one is the same. So, unlike most other providers, we don’t have a one-size fits all solution. Instead, we'll tailor a package around your business' needs.
We have a team of local card payment specialists who will come out and meet you at your business premises. They’ll discuss the best solution for your business and create a bespoke pricing package.
The package will be based on your business type and your current or expected card turnover. Plus, it’ll include authorisation and transaction fees.
We offer a short, 12 month contract and there are no set up fees or exit fees when you leave at the end of your contract. We are also regulated by the Financial Conduct Authority for consumer hire.
Simply complete our form and get your free quote today.
Also called a Merchant Identification Number, it's a code that's unique to you provided by your payment processor. You'll be assigned one once your merchant account is approved and created.