Where can I get a list of which merchant acquirers service which major high street merchants?
Answers:
All major high street banks have what is known as an acquiring bank.
These acquiring banks are able to issue a Merchant ID and allow you to start taking credit cards in your business. They will authorise or decline each customer transaction, collect any payments on your behalf and pay the money into your bank account.
There are obviously costs involved - typically the bank will include setup charges, monthly or annual fees, monthly rental of a terminal for you to process card details, and maybe insist on a dedicated telephone line for the terminal. You will also be charged a percentage of each transaction which they process, you may have a minimum monthly volume of business imposed, and in some cases you will have to provide a substantial bond or deposit as extra security.
Simple Payment Systems is truly the absolute best for credit card and electronic check processing. The electronic check processes the check like a credit card. The check is deposited into your account ASAP from your business. If it is bad you know right away. I have done research for a long time. They give you FREE EQUIPMENT, free training, free software- with a check out cart! (if you have a web site also that you want to sell items on.) They beat discount rate quotes that you give them too. They have 24 hour live help, which is handy. FDIC insured. Make sure you tell them you want the free program. We switched from another company over to them. And have never been happier. Go to their web site and call them or fill out the form and they can contact you. I did countless hours of research! Trust me they are the BEST.
Best wishes!
sorry I don't understand you
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