High Risk Merchant Accounts

“Are you looking for grand business in forex. Be punctual and activate your account. Go for global development and incline yourself to specific gateway with the aid of a reliable payment processor.”

Have a secure business through ePay forever. If you are leading a forex deal relating to secure payouts, go for instant payments. If you are leading a grand business, several people may create major breakthrough in competing in the world market. It is better to take the help of payment processor making you inclined to deals. Have secure funds with outstanding broker account at domestic and international level. Thus compete thoroughly with safe and secure payment gateway offering Forex Merchant Account, United Kingdom making you boom absolutely without any hindrances.

Forex Trading Website

Many merchants are inclined to forex trading and make a website, get to know about a broker market from their end. Currencies play a major role in making your fund safer into your account. This is how you can touch the business height by selling your shares on national level and also about seeking awareness of gold, silver and other metallic product. There might be inflation and deflation related to metals. Besides, diverse currencies play a major role in making you know about overseas market. International payments become easy as many merchants look for outstanding business. Merchants from different nations can collect funds easily and know about ins and outs of current global economic development. This is how you can count upon for industrial transaction with speedy progress on market front. This can lead you one step forward in local market aware of all the economic development taking place securely. Making you intend to go through all the current development internationally related to forex.

Leading experts for Forex (Trading) business

If you are thinking to move your business related to forex and wants to go higher-up in deal then look for expert team. Just considerably get awesome payment. This is how you have to attempt for industrial transactions related to forex. Generate your payouts high while you run your transaction from one end to another. Think more on payment gateway while you select appropriate payment processor. The team of specialists will offer you grand wayout to make you count upon the gateway holding your volume of deals.Just call the team or apply online and tell about the details of your business. This is the way to connect to the experts and make your trade boom on market front. Are you so much definite in your choice then think more on perfect trends. The experts will offer you accurate gateway making you develop your transactions.

High-Risk Payment Gateway Solution

Thinking more on forex inclines you so much that you can make a major deal. “Do you have hard and fast rule?” Then think twice on all levels seeking high-risk payment gateway with a complete solution in mind. Are you accurate in getting the right amount while you sell the diverse currencies? This is how you can buy and sell the currencies according to market trends. The increase and decrease in forex may make you aware of high-risk gateway transaction procedures. Thus high-risk payment gateway works wonder for merchants seeking effective forex broker’s business. Need for Merchant Account, United Kingdom increases considerably making you standout from other competitors on national and global level.

Services you receive

As you go through your business deal, you can be inclined to particular payment gateway. This is how the whole procedure you go through while you are getting inclined to forex trade. Are you still secure, do not be in doubt as you advance through grand set up including several services. Various amenities include Credit Card or Debit Card Processing, High-Risk Gateway, Domestic and International Account, Fraud Tools and several more makes you go for payment gateway wayout. Thus our amenities offer you terrific deal in few days time.

Many merchants find easy to deal through credit card and debit card processing. This offers you grand deal in few minutes.” Are you connected well online if you are a forex merchant; consider the best gateway without doubt.” The cards like Visa, MasterCard and many more provide preference to forex traders and so take it as acceptance.

Trust Our Services

As a forex merchant, trust our services and get in touch with our experts. This is how ePay believes in setting up the best deal by connecting online. You can get all the current development in tools while maintaining your website. Day to day businesses make you know further about the latest development in forex. As a dealer in business, you can connect to several clients who are interested in buying and selling of shares or dividends. This entails you to progress forward with diverse info related to transactions.

Overcome the faults

Many merchants derive the superb payment driving lots of people to forex website. You can overcome all the mistakes in payment processing. Thus aid in developing swift transaction in short time. Therefore look for Forex Merchant Account Solutions, United Kingdom in few days time with ePay solutions in mind.

Forex trading merchant account provides a sense of credibility. Merchants can rely on this account for daily trading. As you know that during forex trading it is always up to the time, skill, and market to decide who will make a profit.

Commencing your business with fewer services, you may lose out on potential profits. Expecting hope will only keep you standing. But to change your destiny you need to find yourself. EskayPay helps merchants like you get the best services ever.

We know that even a second delay can cost you a great loss. This merchant account can provide you with excellent results, so don’t worry. You can connect with numerous customers with our quality services and advice. With our advice and guidance, several companies have transformed themselves. You too can become one of them. For more clearance, keep reading.

Forex Trading Merchant Account

Convenience at your doorstep!

Forex trading merchant account can provide you with excellent services. First of all, it can increase the success rate of your transactions. This account can accept online payments in any currency for the convenience of the merchant. Now, it is easy to do business with innumerable customers from several countries. There will be no limit that can stop you from growing. This will further increase your reach in the international market.

User interface

Forex trading demands superior skill and speed. For that, with the smart UI of this merchant account, you can learn and get used to the features faster. This feature guides the user in the right way so that he does not take time to proceed.

Massive transaction rates

You can use the facility of LVPS for massive transaction rates. A large-value payment system can handle high transaction rates with ease. No matter how many times the situation arises but the trader will never need to take stress for it. You can rely on this feature even with your eyes closed. With this feature, you can also do high-volume transactions. Hence, there will be no site issues or transaction delays.

Access anytime

There is no need to set up extra space to get a complete overview of your merchant operations. You can operate this merchant account from anywhere in the world. The merchant only needs to enter his/her Merchant ID and Password. That’s it. Now you will be able to control your entire financial sector via this merchant account only.

Smart routing

With this merchant account, you can get the facility of smart routing. This feature can provide you with a hassle-free trading experience in no time. With this feature, you get the facility that if your transaction is not processed from one route then it will be sent via another route. This will ensure that you will not have to face the payment-related problem again and again.

Bank cascading

Bank cascading is an amazing feature for forex trading. There may be times when one of the banks refuses to process the transaction. Then if even one bank does not support you, other banks will support you in time. Since the main concern here is timing and transaction rate then this feature is best for you. From now on you will not have to depend on a single source.

Real-time reports

A 24-hour real-time reporting system supports this merchant account. Now you can always keep an eye on your transactions without any problem. On top of that, you can get notifications for each transaction. This merchant account will save the details of every transaction. In the future, whenever you need to read those records you will be able to do it with ease. Moreover, you will get an alert when an error will show in your processing area.

Level 1 security

Forex merchant account is a secure trader account. EskayPay has PCI DSS level 1 certification and keeps your client’s data secure. We are well aware of the sensitivity of this matter. We strictly follow the guidelines to maintain the trust of your customers. So that no one will be able to take advantage of an innocent person according to their wish.

Merchant support

For any inquiry, you can make a call to our customer support. Our customer support is available 24*hours to help out our clients. You can ask about any facility that you can’t operate.

Easy check-in

Now your customers will be able to save their cards on your website. Global card saving is a feature that will provide your customers the facility of faster check-in. Now they won’t have to wait for too long to place a transaction. They can pay now by clicking on the buy button right away.

No more wait!

Online trading can make you a lot of money. But to earn that much you’ll have to take risks. To take that much risk you’ll need the support of a reliable partner. EskayPay can be your reliable partner as we are providing merchant services for a long time. We have worked with several different high-risk organizations. And we know that how to tackle high-risk situations with the brain. For more information, visit our blog section.

Credit card processing is an important part of the financial sector of every online business that accepts card payments. But to perform this process, you need the help of merchant services. Some of the businesses don’t accept card transactions, so it won’t bother them that much. But those who provide services overseas, need essential merchant services and expert guidance. Don’t you worry! Even so, some agencies are available in the market to support high-risk businesses. EskayPay is one of those PSPs that can provide you with services that you need for UK Credit card processing. Merchant services will include payment gateway, payment processor, and merchant account.

Payment gateway

Payment gateway is a service for payment processing that is important for payment approval. It takes payment details from the website and sends them to the payment processor. Without a payment gateway, you cannot approve online payments from any website. It presents the payment page for the buyer so that the buyer can directly pay for the bills right away.

Payment processor

A payment processor handles online payment processing. It integrates with the website and processes the online payment that has been placed on the website. The payment processor allows the merchant to accept his payments in several payment modes. Without a payment processor, the process of online payment is impossible.

Merchant account

Merchant’s ID gets created on the payment processor. It handles the online payments and receives them digitally for the merchant. The need of the merchant is just to receive online payment with top-notch security and many facilities. A merchant account is specifically different from a normal bank account. In the end, the merchant bank settles the payment in the merchant account.

But to understand the whole scenario you need to continue reading.

Parties involved in the process

Client

The process starts when a client makes a purchase from a merchant’s website and uses any card to pay the bill. When the transaction is placed on the website, the payment gateway takes the details and sends them to the payment processor. Then payment processor processes the transaction.

Merchant

The merchant is the owner of that website from which he sells products and provides services. The merchant uses merchant services such as payment gateway and merchant account to receive the payment done by the customer. Apart from that these services also serve the merchant with so many amazing facilities.

Issuing bank

Issuing bank or you can call it customer’s bank. This bank issues the card of any card processing company to the client. When the transaction takes place and the details come to the issuing bank for verification. It verifies the details and pays the amount on the behalf of the merchant. Afterward, on the due date customer pays back the amount he used.

Acquiring bank

Acquiring bank or the business bank serves the merchant services to the merchant. Until the final settlement of the sales payment, it secures the amount in the business account/merchant account of the merchant. The merchant account helps the merchant to receive online payments.

Payment processor

The payment processor is one of the merchant services. It takes the responsibility of processing online transactions. This payment processor connects to several acquiring banks and completes the process in time. It is also responsible for notifying each of the members about transactions. So they all work in sync.

Card association

The card association is that group that regulates the guidelines for each of the cards issued to the customers. It takes the responsibility that every member involved in this process must follow the guidelines. Also, it takes care that the process should get completed on time.

WHY ONLY ESKAYPAY

We have multinational connections overseas with several businesses. Our team of experts helps the merchant any hour of the day a week. You can ask for any query related to our services. We have experience working with high-risk industries of more than 8 years. Since then our skills and technology upgraded with the need of clients. The financial sector of any company is the baseline that helps the business to run in any situation. If you fail to balance the stability, then you won’t be able to get the goals you’ve been living.

EskayPay cheers you up and says that everything’s going to be alright. Remark your goals and establish your own arena with our services, and support.

CONCLUSION

For best merchant services you can rely on EskayPay. We’ve provided our merchant services to several high-risk businesses. During these years we learned all techniques to reduce the chances of chargeback, payment failure, and many more. Once you will associate with us, you’ll get the best services with expert’s guidance. For our other services, you can read about them in our blog section. For any inquiry related to our services, you can contact us via the given details down below. Get your best ever results with our services.

Foreign exchange, or forex, is a network of buyers and sellers who exchange currencies at a pre-fixed price. It includes individuals, businesses, central banks and other financial institutions to take active role in converting one currency into another.

Foreign Exchange Rates, also known as Forex Rates, are an important part of the global economy and also play a role in the travel and tourist industry.It aids in determining a country’s economic significance and the health of its people. It is incredibly significant and critical for domestic and international businesses, imports and exports, travelers, tourists, immigrants, investors, and banks.

Since forex platforms are indulged in a lot of trading activity, they have to process a lot of transactions every day, which drives up their chargeback rates.

As a result, payment processors have classified forex service providers as high-risk enterprises, which mean that traders’ applications would most likely be refused for traditional gateway solutions.

Forex merchants can also open a merchant account with a dedicated high-risk payment gateway provider. However, these services frequently take advantage from these merchants demanding excessive fees and keeping consumer funds for long period of time.   

EskayPay empowers the online merchant looking for payment gateway solutions. We offer cost-effective payment services to new-startup, small businesses or to businesses that falls under a high-risk business. We provide Forex Payment Gateway services to Forex merchants in UK that helps the high-risk/ low-risk businesses to succeed and expand their global presence.

What are the key features that need to keep in mind while choosing the best payment gateway services?

When selecting a forex payment gateway, there are a few things to keep in mind. A payment gateway must meet certain conditions in order for a forex business to be successful. These are some of them:

• Chargeback Security: Due to the high risk of chargeback in forex trading, a payment gateway must be able to safeguard businesses from disappointed customers or fraudulent operators by providing chargeback protection.
• Strong security: It’s essential to follow the most rigorous anti-fraud and anti-money laundering security standards, such as PCI compliance. This ensures that traders’ funds and information are secure.
• No payment Delays and low fees: Forex brokers must be able to make instant transfers. Since trades are time-sensitive, a payment gateway must be able to provide extremely quick transfers at a reasonable cost. If it cannot, traders will not likely to work with you. 
• Diverse payment options: Since forex trading is international business, a payment gateway must be able to accept a wide range of payment methods. Credit and debit cards, as well as alternative payment methods such as digital wallets, different currencies, and other options, must be included.
• Abide by the regulations: Payment gateways must follow to strict guideline or regulations when it comes to forex trades. A payment gateway may not be able to properly work with forex merchants if it does not comply with regulatory requirements. Different nations pose different regulations for forex traders; hence finding a service provider that adheres to standard regulations is essential.    

Merchants must consider these criteria while selecting an FX payment gateway. A good payment gateway needs to serve the dynamic nature of forex trading by providing fast and efficient payment transactions. It must also be capable of providing the highest level of security while adhering to all local regulatory regulations.

Why choose us?

Why you choose EskayPay as your payment service provider. Here are some of the key benefits that you can take from us:-

• Secure merchant account which supports all modes of payments
• Online payment processing with advanced technology
• Very secure and certified by PCI DSS
• API & Virtual Terminal facility for the merchants
• Extremely simple integration
• Intuitive interface and high usability
• Multi-currency support
• Improved customer acquisition and retention
• Seamless credit card processing
• Tech-savvy merchant account
• Accepting payments via UPI, e-wallets, Crypto-currency
• All-around growth assistance
• Quicker service approval

If you’re a Forex merchant who’s been turned down by banks due to a high number of charge-backs, or bad credit. You require a Forex Merchant Account Provider for enabling you to have smooth and flexible payment transactions. Any transaction that is not properly secured is prone to theft, which will harm your company’s reputation. EskayPay makes it simple to open a merchant account. As we work to earn our consumers’ long-term trust.  

Global banking networks are evolving as a result of technological advancements. Increased internet access around the world, boosting cross-border trade and investment. Technology has already altered the way we make payments and will continue to have a significant impact on the industry.

Alternative payments, such as e-wallets, mobile, and digital currencies, are becoming more prevalent in the payments industry. The new emerging trends are mostly driven by developing nations but are spreading globally. International payments are no longer just for corporations; retailers, SMEs, and even individuals must consider them.

The European Union created the Single Euro Payments Area (SEPA), which is a system of transactions. The SEPA standardizes the way euro countries exchange cashless payments.

The SEPA architecture is used by European customers, businesses, and government agencies that make payments via direct debit, instant card transfer, and credit transfers. People doing business in these countries can now make cashless cross-border payments with the help of SEPA.

When a payment is made to a supplier, vendor, publisher, or other affiliates whose bank account is located outside of the country where your company operates, it comes under the consideration of global payment processing. It’s essential to find a global payment processor that accepts a wide range of local payment methods. It’s also crucial to pick one that accepts payments in multiple currencies.

The processing of international and domestic payments is entirely different. Cross-border payments are difficult to process. For instance, if the payee’s account and routing numbers are incorrectly entered into the payment system. It can cause a large number of global payments to fail. As a result, the ultimate goal should be to make the global payment procedure as simple as possible.

EskayPay is a well-known global payment gateway service provider in the UK that ensures that each transaction is compliant with applicable laws and regulations. We have a range of payment solutions to serve the different needs of the merchant and provide them with flexible and easy payment processing solutions.

How long do international payments take?

It usually takes two to five business days for international payments to settle. The time depends upon the recipient location of the funds and the number of intermediary banks involved. The more financial institutions the payment has to pass through, the longer it will take for the transaction to clear.

What to look for in a global payment provider?

When choosing a global payment service provider you need to check the ability of the processor to schedule thousands of payments at the same time and whether the platform supports multiple payment methods. Different vendors will have different payment requirements. It’s easier to do business with them if you pay them via their preferred method. It also streamlines the entire payment procedure.
Some merchants may prefer using the Global Automated Clearing House (ACH), while others may prefer wire transfer. The selected method will influence the data you need to collect; however, with automated worldwide payment processing, you won’t have to worry about this because the automation software will do it for you.

Challenges with cross-border payments

If Bank A in one nation wants to send money to Bank B in another, both banks must have accounts in the other’s country.There is no physical transfer of funds during an international transaction. Rather, bank executives credit one jurisdiction’s accounts while debiting the same amount in the other.

When banks seek to make international payments to all countries and banks around the world, a difficulty occurs. To be successful, they’d have to either open their own branches all over the world or manage thousands of direct relationships and hundreds of accounts. 

Only a few of the world’s major international banks come close to accomplishing this, and even they struggle on a regular basis.

Merchants may be concerned about the costs and time associated with accepting cross-border payments, and navigating multiple territories to execute a transaction may appear to be a difficult task. Merchants want to receive payments as quickly and cost-effectively as possible, so working with a PSP can help ease these issues.

In addition, merchants need to ensure that they partner with a provider who will be transparent about the transaction. So they don’t incur hidden costs.

Summary

It is critical to consider global payments, especially for merchants who are looking to expand their business globally. Being up to date with the latest technology and innovation can enhance your consumer experience. International payment procedures can be complex; therefore it’s important to collaborate with an experienced PSP who can assist you in overcoming any obstacles.

EskayPay is one of the refined payment processing service providers that provide merchants with services such as high-risk merchant accounts, credit card processing, payment gateway, and other payment-related services. We have years of experience in providing the Global Payment Gateway services that will allow the merchant with reliable payments.    

Video streaming services are becoming more popular around the world, with North America leading the way with a 51 percent adoption rate. As companies like Netflix expand abroad, Europe and Asia-Pacific are seeing significant development. The potential of OTT technology is enormous.

IPTV stands for Internet-based Protocol Television. It uses the internet to transmit live or on-demand TV shows and videos. IPTV is a system in which a subscriber receives digital television service via Internet protocol technology over a broadband or internet connection.

Apart from turning into any live TV show, IPTV gives viewers the added benefit and convenience of being able to pick the programs they want to watch anytime and wherever they want. Are you looking for an IPTV payment solution?

When you integrate an IPTV Payment Gateway into your business, you will have different payment choices. Therefore, you will get support from all major card providers, such as Visa and MasterCard. You’ll be able to make direct bank deposits as well.

It expands the functioning of your organization by introducing new dimensions to it. IPTV’s Payment Gateway allows you to have multiple currency options that enroll international customers all around the world.

The major disadvantages to the IPTV merchants are remittance delays. The merchants dealing in IPTV have payment delays of up to seven days. EskayPay on the other hand does a fantastic job of keeping our consumers updated at all times. As a result, you can maintain track of your funds and ensure that you are not being scammed.

IPTV and other high-risk payment schemes are a specialization of EskayPay. We recommend that you consider getting your hands on some of the best industry practices with us. You will likely have access to a user-friendly payment mechanism.

Advantages of having a IPTV payment solutions

• IPTV is a new television revolution that has provided the television industry with a new means to reach out to the wider population. The IPTV payment gateway provides the easiest access to payment methods for receiving money. It is a fast-response service that comes with a number of unique features.
• One of the most compelling reasons for new merchants to join the IPTV payment gateway is the payments. Because the handy, pre-arranged schedule of payments serves the biggest reason for being available to the merchants dealing in the IPTV industry.
• The most significant benefit of IPTV payment gateways is chargeback protection. The simple payment procedure results in fewer or no chargebacks, and the most effective technique to avoid chargeback is to turn off IPTV streaming until the payment is completed.
• It will guide your company transactions in a secure and helpful manner. Before delivering the information, it encrypts the entire critical data. It processes the data securely through the customer bank to the merchant account.
• The IPTV payment gateway is compatible with a variety of applications that are bigger, cheaper expensive, and easier to use in conjunction with an IPTV subscription. Sometimes, the service may experience problems, such as a fraudulent transaction. As a result, in order to avoid any problems, the company detects fraud as soon as possible. To safeguard the services, PCI-DSS compliance, SSL integration, and a variety of additional business procedures are in place.

How to get an IPTV Merchant Account?

Merchants merely need to let us know about their critical business requirements. We’ll help you find the best IPTV gateway for your needs. The Payment Gateway for IPTV is easy and versatile, allowing you to interface with the system application and make quick online payments.

Obtaining a merchant account was a lengthy and difficult procedure. You need to submit your business license, physically validate your business location, and provide your credit score information. However, with the evolution in financial technology, the process is now extremely simple and can be finished in a matter of minutes.

So, even though owning an IPTV business may seem daunting, you can overcome any barriers with the help of a merchant account.  Your IPTV merchant account requires a professional specialist. Working with a reliable high-risk payment processor that truly gives the best high-risk merchant services is all you need.

Summary

As the demand for IPTV connections grows, so does the merchant’s revenue. An IPTV payment gateway ensures that retailers may take online payments from customers via a variety of channels. A merchant seeking a payment gateway in the UK can turn to a leading service provider like EskayPay for assistance with payment services.

EskayPay investigates the merchant industry thoroughly so that we can gain a better understanding of it. We provide merchant accounts to merchants with modest, medium, and large business volumes, allowing them to accept credit card payments on their website. So, take the necessary steps to expand and take your IPTV business to the next level right now.

Businesses rely on credit card processing to manage transactions from credit or debit cards. Credit card payments have brought drastic changes in online purchases and shopping. The payment with credit cards happens instantly in the blink of an eye.

The robust payment processing structure that enables instantaneous payments has made our lives blissful and convenient. Presently, when we are dealing with the finest payment processing structure, we should know that it actually took many years for the payment industry to evolve as enormous and gigantic as it is today.

How did credit cards come into existence?

Do you know how credit cards came into existence? It all started in 1949 when a prominent executive named Frank McNamara forgot his wallet while dining in a Manhattan restaurant. McNamara returned a year later, embarrassed by his inability to pay, and paid for his dinner with a little cardboard “charge” card.

Later the American Express introduced the first plastic credit card in 1959. Credit cards became widely accepted in the 1960s when Bank of America (later known as Visa) developed the general-purpose credit card by licensing its brand to banks, allowing consumers to make installments payments on their purchases.  

Why credit card processing is essential?

Credit/debit card payments are a common phenomenon in our daily lives and it is essential to understand why credit card processing is essential to know why you need merchant services. If you choose an expensive merchant service, you may end up paying a lot of money in card processing fees for all of your customers’ debit and credit card transactions.

Some of the best credit card processing companies charge no cost for set up, no monthly fees, and modest transaction fees for small businesses. However, if your company is categorized as a “high-risk business,” then your prices can go up and you will need a high-risk merchant account.

EskayPay is king in the realm of card payment processing. When it comes to popular merchant service providers, we are the market leader, accounting for 42 percent of all card transactions in the UK. We provide the best sort of payment gateway services to merchants in the UK.  

How to evaluate what credit card processing services you require?

How you evaluate your processing services matters, because, in the end, your processing services will define how efficiently and quickly your business progresses.

Transaction velocity is a relevant component when considering credit card processing services. Customers like the ability to pay using debit and credit cards. Hence, you would want a processor that is safe, accurate, and can process a huge volume of transactions.

The second important factor is the outage. Malfunctioning your payment system can be a bigger cause for potential losses. A credit card processing outage means your business is incapable of accepting payments from customers. During outages, customers view your business as untrustworthy and not reliable. Though payment processing outages are rare, ask about the uptime history of a credit card processor, as well as the efforts they’ve done to minimize service interruptions.  

The third is the fee structure. The processing fee structure holds a significant value to the merchant. Transparency is critical when it comes to your money. Any credit card processor you are considering should provide you with clear, simple, and comprehensive explanations of rates and fees.

Last but not least, is the customer support service. When things go wrong, you need to be able to rely on real people who understand how payments work, what can go wrong, and how to fix it. As a business owner, you’re well aware that troubleshooting and maintenance are inevitable aspects of working with any sophisticated system. Hence, efficient customer support can make a huge difference to your business.

Cost of Credit Card Processing

A cost levied by payment processors to process a credit card transaction is known as a credit card processing fee. Typically, the cost is charged against the merchant who uses payment processing services.

The credit card processing charge is typically determined by credit card networks and varies from one service provider to the next depending on the card network with which it is linked.

The processing fee charged to a retailer is determined by a number of factors, including the technique used to accept credit cards. You will be charged less if you use a card-present processing technique, such as a card reader, than if you use a card-not-present processing method, such as e-commerce sites.

Credit card processing is a crucial service that assures customers can check out easily and swiftly. We at Eskay Pay can assist you in finding payment choices that are right for you. Connect with one of our payment professionals to learn more about credit cards and other payment processing. First, we’ll spend some time learning about your company’s operations. Then we’ll create a system that allows your consumers to pay in any way they desire, anywhere, at any time.

What our clients think about us?

“I would personally suggest EskayPay to anyone in need of a credit card processor. This company is not only high-quality but also reasonably priced! EskayPay offers numerous options for the most common business kinds today, as many organizations require different packages to fit their needs. They will work with you to ensure that you have one of the best packages available, and I strongly advise you to use them.”

“This organization is reliable, provides excellent services, and is so straightforward that even I could figure it out. I haven’t had to deal with customer service yet, but I’m confident they’re fantastic. The fees are a headache, but that’s something you’ll have to deal with no matter where you go. I trust this firm with my company’s credit transactions, and they offer the best rates I could find. In the near future, I’ll be using EskayPay for all of my processing needs. Don’t make any changes; you guys are fantastic!”

According to the World Bank’s Doing Business 2020 report, the United Kingdom is one of the world’s leading business destinations, ranking eighth for “ease of doing business.” The United Kingdom has long been known for its highly mobile and competent workforce.

Both start-ups and established enterprises benefit from the vibrant financial sector and the diverse nature of credit acquisition. Knowing which form of credit is best for your business is a challenging task that frequently needs assistance.

A payment gateway is a third-party payment system that sends money from your customer’s bank account to your company’s account. Payment processors can also authorize transactions and work with merchants to ensure that they are paid within a specified time frame.

EskayPay is a renowned Payment Gateway Provider UK that provides unique and innovative payment solutions all across the UK. Our commitment to service is significantly different from those of our UK competitors. Our extensive network of Acquirers will ensure that your hard-earned business is never compromised.

 Let’s evaluate some of the top payment processors on the market, focusing on price, benefits, drawbacks, and what kind of payments the system is best suited for.

WorldPay

WorldPay offers small business packages that you can customize to meet your needs. They offer a low-cost online payment gateway that lets you accept all major credit and debit cards, including Diners, MasterCard, Visa, American Express, Maestro, and JCB.

Pros

• Multiple-channel payments
• Simpler Payment Processing  
• Mobile and tablet point of sale

Cons

• Inability to achieve PCI compliance
• Small business
• Reviewers suggested that they have invoicing problems with them.
• Late payment settlement for small scale businesses

Pricing Plans

• 2.75% of the transaction+ £0.20
• Monthly Fixed charges £19.95

Stripe

Stripe is a payment gateway that allows you to accept credit card payments (in person or online) by transferring money between your merchant account and a payment processor. It was created in 2011.

Pros

• ecommerce plugin integrations
• Developer-friendly documentation
• PCI compliance is 100%.
• No monthly contracts.
• Customers never have to leave your site to complete their purchases.

Cons

• Not for high-risk businesses
• Customer support issues
• Slow response time

Pricing Plans

• 2.9% of the transaction + $0.30.
• No signup fees
• For each chargeback, Stripe will charge you a $15 fee

EskayPay

EskayPay is known as the best payment gateway service provider in the United Kingdom. This is for entrepreneurs that desire to grow their businesses too quickly. Eskaypay also offers assistance to merchants who are unable to obtain a global merchant account for their online business.

Pros

• Multiple payment option such as credit and debit cards, e-wallets, crypto-currency, UPI, mobile payments.
• Merchant can enjoy uninterrupted subscription based services
• 24*7 customer support service

Cons

• They have limited regional services.

Pricing Plans

They offer reasonable and cost-effective pricing stricture to merchants based on their requirements.

Square

Square is a little older, it was created in 2009. Square’s main product is its point-of-sale system. It allows merchants to collect payments from customers by utilizing a smart device to read credit cards or manually entering credit card information (in-person or over the phone).

Pros

• Suitable for low-risk merchants
• User-friendly
• Omni-channel Payment Solutions
• Chargeback Protection at reasonable prices

Cons

• Not suitable for high-risk businesses
• No subscription based services
• Merchants have numerous complaints regarding accounts being deleted without warning.

Pricing Plans

• 2.9% + $0.30 transaction fee
• No sign-up fees
• Customers chargeback protection up to $250 a month on qualifying transactions

Shopify

Shopify is a specialized ecommerce platform. It has been the best ecommerce platform for over 600,000 businesses, with over $82 billion in sales.  

Pros

• Shopify offers a number of ecommerce tools to assist you in creating and marketing your online business.
• Easy to set up Shoify Payments

Cons

• You are solely responsible for marketing and brand awareness for your company.
• There is a monthly fee for Shopify. Adding third-party apps to your account can raise your monthly expenses.

Pricing Plans

• 1.9 per cent + 20p transaction fee
• Monthly cost: $29 (£21)

Amazon Pay

Amazon caters to small and medium-sized enterprises as well as individual sellers. All you have to do with Amazon is register an account, complete each set-up stage, and you’re ready to start selling!

Pros

• Every month, millions of people browse the Amazon marketplace. Your products will get a lot of exposure as a result of this.
• Additional services such as inventory storage, packaging, and shipping make it easier for you to manage your business.

Cons

• Need to work on its interface, it lags in the user experience
• Documentation for initial setup needs improvement

Pricing Plan

Amazon offers two subscription plans, one for $0.99 per item and the other for $39.99 per month. Both have additional variable fees.

CardStream

All major card types are accepted and processed through Cardstream’s payment gateway. To strengthen the transaction, Cardstream offers Card Security Code (also known as CV2, CVV, CSC) and Address Verification System (AVS) checks.

Pros

• The merchant management system is excellent.
• Reliable Payment gateway.
• Signing up is simple and quick.
• Cost-effective

Cons

• Slow customer service

Pricing Plan

• £18 per month – 350 transactions included
• 9p each transaction – more than 350 transactions every month
• Contract is for 12 months with a 30-day termination notice.

Merchants who see a lot of future opportunities in their business should use an Online Payment Gateway. This can completely shift the way you do business and result in massive revenues.

EskayPay understands your vision that’s why we provide a customized payment gateway to cater to the different needs of the business. We are specialized in providing a seamless checkout experience for your customers. We also offer reliable technical support to assist you in your needs. You can always reach out to us to know more about our services.