Card Processing/Merchant services are an essential purchase for near enough all businesses and business owners will typically turn to their own bank for these services. Unfortunately for business owners, this is not usually the cheapest way to source payment processing. At first, the difference between deals might seem negligible with just one or two percent in difference […]
Me personally, I never use cash, simply because its more convenient to use card. The hassle of going to an ATM when a merchant doesn’t accept card payments is totally frustrating, and of course, I cannot help myself by offering the merchant with some useful facts about card payments and the benefits to retail businesses […]
If you’re looking to accept payments online, you’ll normally need a payment gateway and a merchant account. PayPal, established in 1998 is one of the leading, if not the leading providers of card processing services, used by millions of people worldwide. Its an extremely easy service to use once you have an account setup. As a business owner […]
Payment Gateways for eCommerce and Electronic Payment Transaction Processing 2017 proved to be a good year for ecommerce, as the global ecommerce industry continued to grow in all markets. Cyber Monday made history by becoming the largest online sales event to this day. Reports show a total value of transactions of over $6.59 billion USD, which represents […]
We Tranxact Ltd takes home the prize! After recently being nominated for the SME News Midlands Enterprise Awards 2017, we are astounded and honored at the fact that we have taken the crown for Best Independent Payments Consultancy 2017 We Tranxact Ltd officially started trading earlier this year offering a consultancy and brokerage service to […]
Card Acceptance for Tradesmen As we move closer to a cashless society as more and more customers choose to pay with a debit or credit card. Making it easier for your customers to pay will prove to reflect well on your business, make it more efficient and ultimately increase revenue. Card Payments […]
Are you a ‘High Risk’ merchant? Most businesses nowadays need to be able to accept card payments, whether you’re an online business or bricks and mortar. Finding a good and reliable merchant account provider to process those card transactions is still proving to be a challenge for any business, but it can be even harder […]
We Have Been Nominated for an Award We Tranxact Ltd are proud to announce that we have been nominated for the Midlands Enterprise Awards 2017. The Midlands Enterprise Awards 2017, hosted by SME-News, have been created to cast a spotlight on those SME’s which really stand out from the crowd. We wish to recognise the […]
Online Business Starting an online business has never been more popular; you don’t need a bricks and mortar retail store or even an office, the start-up costs and initial risk can be next to nothing, just sit in your living room with your laptop and an internet connection and off you go! Some experts predict that 90% of […]
No more credit and debit card surcharges From January next year, businesses will not be allowed to add any surcharges for card payments. Up until now, businesses that accept card payments, whether it be online or offline (bricks and mortar) have either swallowed up the cost imposed by their card processors or passed on the […]