Best and most cost effective UK Payment method

Discussion in 'Payment Processing' started by zeroms, Jul 10, 2012.

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  1. #1
    Hi Guys,

    We have a site that does around £350 a day of transactions and wondered what the best payment method might be in the UK, we currently use paypal standard, but people without paypal are struggling to realise you do not need an account to use it.

    Any alternative suggestions would be great

    Thanks
     
    zeroms, Jul 10, 2012 IP
  2. lifeplayer

    lifeplayer Notable Member

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    #2
    Paypal is still the best online payment processor. if you are doing local business, then you might consider bank transfer such as e-banking or WU
     
    lifeplayer, Jul 10, 2012 IP
  3. Trafik

    Trafik Greenhorn

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    #3
    Paypal or Liberty++++++
     
    Trafik, Jul 11, 2012 IP
  4. ronitroy

    ronitroy Peon

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    #4
    Hi Friends,

    According to me, Paypal is the best option for payment transactions. No alternative option for payment transaction.
     
    ronitroy, Jul 11, 2012 IP
  5. andrewclives

    andrewclives Peon

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    #5
    I know very well about PayPal which is one of the best payment processing method.There are many people who use it and get the satisfaction of it's services.Also there are many other payment processing companies which provides their best services.
     
    andrewclives, Jul 11, 2012 IP
  6. Dee2007

    Dee2007 Active Member

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    #6
    I would also agree with PayPal
     
    Dee2007, Jul 12, 2012 IP
  7. Nochexman

    Nochexman Member

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    #7
    Hi zeroms. A lot of people in your position harness PP with Nochex (www.nochex.com). Nochex is well known for not requiring shoppers to have an account, whereas PP still has that association. Nochex is also good because it is pay-as-you-go; no nasty monthly or recurring fees, so if it does not get used you don't pay. However, if lots of people want to use a PP alternative, Nochex does not tie you in with a long contract and if you can get better terms elsewhere there is nothing to stop you going. There is a set-up fee, but if your customers are predominantly UK based and your transaction values are typically less than £100 then Nochex has just launched a new service - UK Trader - which costs just £14.95 to set-up. Hope this helps,

    Best regards,
    - Peter
     
    Nochexman, Jul 16, 2012 IP