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 […]
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 […]
We Tranxact Ltd Background My name is Rav Bains and I am the founder and Director of We Tranxact Ltd. We Tranxact Ltd is a payments consultancy and brokerage based in Birmingham offering products and services to businesses who accept card payments either online, over the phone or face to face. I have been in […]