Expertly Written by Rav Bains, Senior Consultant and Founder | Updated: April 2026 Rav Bains works with UK businesses looking for practical payment solutions, from merchant accounts and card machines to ecommerce and MOTO setups. Through We Tranxact, he helps businesses compare providers, understand approval factors, and find payment solutions that match how they actually […]
We’ve Done it Again! Back in August 2017, my company We Tranxact Ltd won an award for Best Independent Payments Consultancy 2017, which we were very grateful for. We have just recently been told that we’ve won yet another award for The Leading Providers in Card Processing Solutions 2018 from Corporate Vision Magazine. “The UK […]
Where Do Chargebacks Come From? See below for reasons for a chargeback dispute: A cardholder makes a purchase, then suffers from “buyer’s remorse,” regretting the purchase but not really wanting to confront the merchant. The consumer claims that the transaction is unauthorized and files a chargeback. The bank issues a chargeback with a fraud-related reason […]
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 […]
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 […]
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 […]
Are card payment surcharges legal in the UK in 2026? Card payment surcharges are illegal for almost all consumer transactions in the UK as of 2026. Under the Consumer Rights (Payment Surcharges) Regulations, businesses cannot charge extra for payments made via consumer credit cards, debit cards, or electronic services like PayPal. As an Independent […]
Who is the founder of this Payment Consultancy UK? Rav Bains is the founder of We Tranxact Ltd, a leading Payment Consultancy UK and Independent Financial Broker. With over 15 years of expertise in the merchant services industry, Rav established the firm to provide transparent, high-authority brokerage for businesses seeking ethical card processing solutions without […]
