Online payment processing

[ahcstudio]

Hi everyone, i'm hoping members involved in online card processing can clear something up for me. So far i have applied to 3 card processing companies for an account and each time i have been declined. Twice being told we don't deal with your type of industry and the other time i was declined for commercial reasons :| I want to be able to accept payments online for business printing.

Can anyone shine any light on this for me?

 

[TotallySport]

at least make it a bit easier for use, and tell us what sector they are refusing you for and who you have applied to. Also whats your credit rating like.

 

[sayedyo]

You have supplied limited information to us to be able to help you.

However, you could try opening an account with Paypal. Just make sure it is a business account, and once set up, they will also accept payments from major credit cards. It isnt hard to add a paypal payment button to your website so that customers can easily pay through paypal using their credit/debit card.

 

[buygifts]

Why not try Paypal at first which will at least get you up and running unless your sector falls foul of paypal policy and they find out.

 

[Sophia Myles]

Which card processing companies have you tried?

 

[TotalWebSolutions]

We have plenty of printing companies using our Payment Processing service so on the face of it the nature of the business wouldn't be an issue. Have you been given specific reasons for the decline from the companies you have approached so far? Do you have any CCJs or poor credit history at all as this could be a factor, or it could be something in your terms that the providers were not happy with. Was it the card processing companies themselves or the acquiring banks (for the Internet Merchant Account) that turned you down?

Thanks,

Simon

 

[lynxus]

Just use paypal or google checkout ( or both )

 

[Nochexman]

Hi ahcstudio. You were actually accepted for an account with us, but we could never make contact with you or get you to return our emails. If you are still interested, please get in touch.

Kind regards,
- Peter

 

[HertsCCTV]

I am currently using paypal at present and would love to find a processing company as my transactions are over £100.00 each time and paypal take flipping £9 of that straight away.

I do have bad credit personally and do have 1 CCJ, also when I was looking around was told that my market was high risk which all online trading is high risk from what I thought.

 

[Nochexman]

I am currently using paypal at present and would love to find a processing company as my transactions are over £100.00 each time and paypal take flipping £9 of that straight away.

I do have bad credit personally and do have 1 CCJ, also when I was looking around was told that my market was high risk which all online trading is high risk from what I thought.

Hi HertsCCTV, I am guessing that you don't already have a merchant account in which case have you applied for a Nochex account (www.nochex.com)?

Kind regards,
- Peter

 

[davek17]

You Need 2 things for this, firstly a Mercahnt trading account and secondly a payment gateway to actualy process your payments.

I am assuming its the Merchant acccount thats the issue here?

Paypal is getting better and better all the time and more and more people like to use it to pay. You can sign up for a full business acount with a lot offlexibility on how you can integrate this.

Other than this you need to think about an off site payments transaction prpvider. World Pay could help and paypoint could work for you too.

Dave

 

[MerchantServicesBDM]

Peter,

Merchant service providers assess applications according to perceived risks. If as you say you're involved in the printing business it would depend on:

a) whether or not you were taking deposits before delivering the goods (high risk)
b) the proportion of your transactions which take place without the cardholder not being present (100% CNP = high risk)
c) annual business turnover
d) annual card transaction turnover
e) whether there are either personal or business CCJs involved

In addition there are certain types of businesses which they won't touch but from the sounds of it a printing company shouldn't be on that list.

PM me with your details and I'll see what we can do.

Best wishes,

 

[bdw]

He's gone!

.

 

[HertsCCTV]

Hi HertsCCTV, I am guessing that you don't already have a merchant account in which case have you applied for a Nochex account (www.nochex.com)?

Kind regards,
- Peter

If I am honest I have never heard of nochex!

I have tried my bank (barclays), paypoint, sagepay direct all declined me.

I do have a personnel CCJ all be one under £250 the business was registered in 2009 has no debt or supplier accounts everything paid! have done one full set of accounts with companies house.

I am fed up of trying if I am honest so really don't want to go though another form process. I am happy with paypal's service but don't like the amount of money they are taking off me per transaction, £20 pcm for the use and holding my money for 90 days. The fee they take there is no way I could pass that to the customer.

For £280.50 they took £9.74 then they are holding 20% of that for 90 days.

 

[CharityClear]

Hi HertsCCTV,

We could look at a few options for you. We're a payment gateway provider but partner with a few acquirers, I'd be happy to see if there's any options open to you.

Regards,

Marc
0800 032 2991

 

[Nochexman]

Hi HertsCCTV.

You many be in good company having never heard of Nochex; we seem to be a pretty well kept secret!

The company has been going since 1999 and been quietly enabling online payments since 2001.

We tend to focus on other aspects of your application than your credit record - our key consideration is whether you are operating a legitimate business.

We're set up to support e-commerce entrepreneurs, who are typically one-man bands, with zero employees other than themselves. They ask for good service and low cost.

Our merchants get a dedicated account manager based in our office in the heart of Yorkshire. We try to set our prices with the circumstances of these people in mind; so, we don't charge monthly or annual recurring fees, and we keep our transaction rates as low as we can, just 2.9% + 20p as standard.

We do ask people to pay a £50 set-up fee and this is chiefly to identify who is serious about running their business and who is not. We're really keen to work with people who are serious about their business.

Anyway, I hope this helps.

Kind regards,
- Peter (I work for Nochex)

 

[SecureTrading]

We work with several acquirers who may be able to helo you obtain a MID, take a look at our site www.securetrading.com and see what you think.