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Hedgehog Toys
29th January 2007, 13:47
Dilema time!!

A Nochex seller account only allows you to do transactions up to £100. They then tell you to open a Nochex Merchant account, problem is that the merchant account has a minimum transaction level of £1000 per month. What happens if you only process say £800 a month but the individual transactions are each £100+ ???

On that note I have been looking at Protx and World Pay and so far Protx have been looking the one to go with.

Any experience with Protx etc / comments?

openmind
29th January 2007, 14:03
Protx are excellent but you have to remember they are only a gateway, you still need a merchant account with your bank.

Hedgehog Toys
29th January 2007, 14:11
Yeah I realised that. I have approached LLoyds TSB for a merchant account and I am just awaiting their response. :)

Hedgehog Toys
29th January 2007, 14:22
Hmmm. Just checked the small print on the Lloyds TSB site. They also expect a minimum of £1000 in transactions per month. Is this normal for all merchant accounts??

openmind
29th January 2007, 14:22
ah ok, alot of people think that's all they need :)

In that case, definately go with Protx once your account is set-up. In terms of cost, availibility and technical integration, they are one of the best out there...

openmind
29th January 2007, 14:23
Hmmm. Just checked the small print on the Lloyds TSB site. They also expect a minimum of £1000 in transactions per month. Is this normal for all merchant accounts??

News to me if it is as we started up them after telling them it would be around £8k/year. Best to give them a quick call...

Hedgehog Toys
29th January 2007, 14:35
Will do, thanks Phil.

.Spiralling.
29th January 2007, 17:24
Nochex merchant account can be set up with under £1k per month of transactions. If you apply, they will call you and talk through it all.

GAMESMASTER87
31st July 2007, 17:36
Was it someone on this site who said that nochex use protx as a gateway themself? i think someone had a chat with someone at nochex - can someone confirm this.

little_stork
31st July 2007, 18:44
I recently opened a business account with Abbey- Free banking for life (unless you go over a limit). I am now looking at streamline £100 set up as oppose to the normal £250. then Secpay, £10 a month up to 100 transactions a month. I think its a great deal as I have been looking for ages.

Good luck

Tracey :-)