UK Ecommerce Sites Should Reconsider How They Handle Credit Card Payments
July 30th, 2007
If you own an online shop in the UK and have been processing your credit card payments online, then you’ve more than likely been using a payment company like WorldPay. But are they the only way to handle credit card payments?
Most shops that use the likes of Worldpay, who combine a merchant account and payment service provision, can start trading quickly. However, many soon realise that WorldPay hold on to their money for too long and charge too much for handling the transactions.
British based credit and debit card payment handling company, Axiar Payment Solutions, are encouraging more UK online shop owners to separate out their merchant account and payment company and switch to Axiar’s UK credit card processing gateway service.
Most online shop owners value reliable up time, strong tailored fraud screening, fast payment processing times and low fixed charges. These service issues are the deciding factors that Axiar can deliver on.
Axiar’s UK Payment Service Provider (PSP) credit and debit card transaction system also allow payments to be handled onsite - so customers don’t need to leave your website to pay for goods and services. The Axiar PSP connects your ecommerce website to your merchant account. As part of the payment gateway, shops can tweak the fraud screening module specific to the needs of your company.
For an established store that pulls in around 4000 transactions per month, a fixed processing charge will keep costs at a predictable amount. All your transactions can be managed through the payment management system that includes a virtual terminal, customisable fraud screen and a range of reports.