To overcome the barrier of a large cash deposit, the Standard Account may include a reserve - subject to status. The rolling reserve holds between 0 - 10% of total approved gross transactions, over the previous six month period.

Following the seventh month of operation (and every month thereafter) the reserves generated from the first month of operation (and every month thereafter) will be forwarded to the merchant of each sale for a specified period, after which time it is paid to you. [Close]

Credit cards charge a percentage of the sale for use and this amount is referred to as a transaction charge. [Close]

Please note that due to a new EU ruling, as of 1st Feb 2015 Visa and MasterCard debit card transactions must be charged as a percentage in the the same way that credit card transactions are.

A chargeback is a reversal of a sales transaction by the customer's credit card issuer. Learn more [Close]

Please note that the transaction rate includes all associated fees added together - scheme fee, processing fee and interchange fee. Therefore you will always know exactly what rate you will pay on each transaction [Close]

With our Solution 2 account we can only help businesses outside the UK that are trading £5m + per annum [Close]

One base currency is available for FREE. Other currencies are available at a charge of £50 per currency. [Close]

This list does not constitute any recommendation by Web Merchant Services, nor is this list definitive. If you are uncertain whether or not your cart supports our merchant facility please contact us making sure to let us know which cart you plan to use.
more information.

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Micro payments is allowed. However please note that it is often not cost effective. As an example a £1 payment will cost 22p to process. A £0.50 transaction would cost 21p. As long as the card issuer will approve it, we will process it. We do not block any transaction based on amount. [Close]

There is no maximum transaction amount. However please note that items and services with a very high order value can be deemed high-risk and therefore may be given different terms to advertised. For this reason, when asked on the application what monthly turnover you expect, please do not exaggerate as this can hinder the application, if not reject it. [Close]

Settlement in GBP to a UK bank account is FREE. Settlement not in GBP to a UK bank or to banks outside the UK is charged at €15 for a Euro account. There is also a minimum remittance default of €500 to reduce the impact of the fees. It is possible to increase this minimum remittance amount or frequency if you would like to reduce the fees even more.

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Minimum Remittance Amount is the minimum limit before a Wire transfer is made. [Close]

The shopper enters their card details as normal, the online checks are made, and funds are reserved for payment against the shopper's card. However, the payment is not completed at the time, but deferred, allowing you to make additional offline checks against the card. If you are satisfied with the results of those additional checks, you complete (or post-authorise) the transaction. The shopper is now debited, and remittance (the funds that are made over to you) is made to your account. [Close]

To accept Amex payments with our merchant accounts you must apply to American Express direct for the ability to do so - more information - [Close]

The Account set-up fee is the amount payable once your account is set-up. If, for whatever reason, you are not offered an account you will not have anything to pay [Close]

Unlike many companies, we do not charge an application fee. This means it costs nothing, apart from a little of your time, to apply for one of our merchant accounts [Close]

We never convert currencies. i.e. if we collect EURO from the cardholder and pay EURO to you. If you don’t bank in EURO, then your bank will convert the funds to GBP upon receipt at their own conversion rate[Close]

Once a day, all sales that are at least 3-7 days old (subject to application) are paid

Sophisticated risk management and Bulletproof data security - more information - [Close]

PCI DSS Compliance is now Free - more information - [Close]

All the integration guides and manuals are available to download - [Close]

Web Merchant Services provide a FREE payment terminal that is a secure interface that will enable your business to process credit card transactions - more information - [Close]

The repeat billing facility is an internet-based equivalent of standing order and direct debit facilities - more information - [Close]

The CMS is a central resource that provides information, support and facilities to help you manage your accounts - more information - [Close]

Each merchant account we provide has it's own list of businesses that we unfortunately can not help. Some of these businesses appear on both lists i.e short term loans, debt refinancing, legal highs, SKY warrenties - which means we can't help at all. However some only appear on one list i.e. escort agencies, mobile phone sales etc. which means we can help with at least one of our accounts. - more information - [Close]

Minimum monthly service charge (MMSC) is the minimum amount that must be paid each month. With our standard account we do not charge this fee [Close]

The 3-D Secure™ protocol was developed by Visa to improve the security of Internet payments. The protocol is offered with the service name Verified by Visa. MasterCard has also adapted a similar protocol called MasterCard SecureCode - more information - [Close]