About We Tranxact

Who is We Tranxact?

We Tranxact Ltd is an independent payment consultancy based in Birmingham. We help UK businesses compare payment providers, prepare stronger applications and choose payment arrangements that fit how they trade. Support is available for straightforward requirements and for businesses facing more complex underwriting.

What payment services do we help businesses arrange?

• Payment processing guidance for comparing channels, fees and provider fit
• Card machines for face-to-face payments
• Merchant accounts for UK businesses
• Ecommerce payment gateways and online processing
• MOTO and virtual terminals for phone and remote payments
• Open banking payments
• Specialist and high-risk merchant accounts
• Guidance for merchants dealing with withheld settlements, reserves or frozen payment accounts

How does our consultancy process work?

1. Understand the requirement: we review the business model, payment channels, expected volumes and operational priorities.
2. Identify possible routes: we compare relevant options rather than assuming one provider suits every merchant.
3. Prepare the application: we help organise the information and evidence an underwriter is likely to require.
4. Support the next steps: we help the merchant understand proposed pricing, settlement, reserves, contracts and integration requirements before proceeding.

All applications remain subject to provider underwriting, due diligence and approval. Pricing, reserves and settlement terms depend on the business and the provider’s assessment.

Who founded We Tranxact?

Rav Bains is the founder of We Tranxact and leads its payment consultancy work. The business focuses on clear advice, appropriate provider matching and practical support through merchant onboarding.

Verified company information

We Tranxact Ltd is an active private limited company, company number 10392015, incorporated on 23 September 2016. Its registered office is Studio 9, 50–54 St Paul’s Square, Birmingham, B3 1QS. You can verify the public record on Companies House.

Frequently asked questions

Is We Tranxact a payment processor?

No. We Tranxact is an independent payment consultancy. We help businesses assess requirements, compare possible provider routes and prepare applications; the selected payment provider supplies and underwrites the processing service.

Does We Tranxact only work with high-risk businesses?

No. We support standard UK payment requirements as well as specialist cases where the sector, trading model, processing history or previous provider decision requires additional underwriting.

Can We Tranxact guarantee approval?

No. Approval is decided by the relevant provider after underwriting and due diligence. We help merchants present accurate information and identify potentially suitable routes.

What information is needed to assess a merchant?

The requirements depend on the business, but providers commonly request company and ownership information, identification, bank evidence, processing history, website policies, supplier or fulfilment evidence and expected transaction details.

Can We Tranxact help if a provider is holding funds?

We can help a merchant understand the issue, organise relevant evidence and explore recovery or replacement-processing routes. Outcomes depend on the contract, facts, provider and any applicable complaint or legal process.

How do I contact We Tranxact?

Use the We Tranxact enquiry form and provide a clear summary of your business and payment requirement.