Monthly Archives: June 2010

Over the last decade interest in PDQ Machines has risen rapidly, since these streamlined devices began to appear in retail outlets more and more people became accustom with them and they began to appear in many other types of business. Before the PDQ machine was in widespread use credit card payment was processed in a few ways, cash registers were designed with the ability of swiping a customers card, reading the data stored on the magnetic strip and then transmitting the credit card information. Read more [...]

A Merchant Account to Suit Everyone Many types of business would like to accept card payments from people who purchase products from them or use their service, a merchant account in the UK can be tailored to suit any type of business if you contact a provider such as Seymour Direct. A number of UK banks called 'Acquirers' or 'Acquiring Banks' can set up a merchant account for you but contacting them directly is far from the cheapest option, it can also be difficult to get approved with some of Read more [...]

Accepting credit card payments on the move requires a no nonsense approach and mobile businesses often need to hire a portable card machine over specific amount of time, contracts can be as short as a week but usually over longer time periods such as 24 months. If you want to hire a mobile terminal you will need a merchant processing account, if you don't already have one of these Seymour Direct can get you set up with one of their acquiring banks. This account is required in order for credit and Read more [...]

Electronic payment methods are now standard at almost every small business or retail store that wants to capitalize on credit card processing, this is due to the fact that 64% of the UK adult population own a card shown in the official report here. As with any new technology, Chip and PIN is a challenge to get used to at first and you will have to calculate your budget to allow for card transaction fees but it will help your business compete with rivals and it will open you up to a whole new revenue Read more [...]

Know the Law for Accepting Credit Card Payments! Now that you have your credit card terminals in place and you’re free to accept credit cards, you will be attracting more business through your door from people who insist on using their credit card because they know their rights under Section 75. It’s important to know the loopholes and exceptions when it comes to dealing with Section 75 claims. The following 4 points provide scenarios in which the legal protection of the customer under Read more [...]

Why You Should Accept Cards Credit Card Purchases: As a small business if you do not accept cards from your customers you are probably loosing valuable sales from customers who prefer to use credit cards instead of cash or cheques because they know their rights under Section 75 should something go wrong with the purchase What is Section 75? The next series of posts focuses on credit card purchases, specifically exploring the ramifications of the law specified in ‘Section 75’ Read more [...]

If you own a retail store front, have an eCommerce website, telephone or mail order business, Seymour Direct can offer you some of the most efficient and cost effective ways to accept credit cards. Various business types need different payment processing solutions, for example, if you are a retail merchant that sells business to business(B2B) then you will need merchant card services which are fast, reliable and offer extensive PCI security testing. Aside from our state-of-the-art PDQ machine technology Read more [...]

One term that we often use throughout our blog here is 'Payment Service Provider' or PSP, it can be a lot to comprehend with all of the keywords relating to merchant services and this is why we title our posts so they are easy to find. A Payment Service Provider connects to many acquiring banks and card issuers to allow online businesses to handle a large amount of transactions at once without having to rely on financial institutions or handle the connections individually. A full Payment Service Read more [...]

 Seymour Direct has operated within the credit card services industry since 1987, making it one of the best established and therefore most experienced organisations in the business. But not only does this guarantee you quality of service, it means a great deal of additional advantages for each of its thousands of customers, some unavailable from other competitors. Below is listed just a sample of such benefits on offer that you, as a small business owner, could be enjoying – particularly Read more [...]

  I wanted to create this blog post because I thought it would be valuable for merchants to know a little about the history of e-commerce. The term means a lot more than just the buying and selling of goods online, although it has become increasingly popular when referring to electronic payment systems such as the internet and other networking.E-Commerce is defined as the complete process of ordering products online from the marketing through to the payment processing, delivery and Read more [...]

Online payment systems is a broad term relating to facilities involving electronic payment mostly in the form of e-commerce websites. It is important to know which type of online payment services suits your business best, this could be traditional credit and debit or one of the new technologies such as a digital wallet, e-cash or mobile payment. These other forms of online payment can involve a customer paying for your service by sending a text message and having an amount billed to the mobile Read more [...]

Merchant Services is a term which we have yet to discuss but it is an important generic phrase which you might hear used quite often when applying for credit card processing for your small business. The words actually encompass everything which is involved when setting up payment processing and getting approved for a merchant account. Other times you might hear 'merchant services' mentioned when referring to additional features which a business might find beneficial such as an online payment Read more [...]

As we have discussed many times throughout previous blog posts, Seymour Direct can organise everything you need to start accepting credit & debit cards, such as organising a Customer Present Merchant Account, an Online Merchant Account and of course provide access to PCI compliant credit card machines. The merchant account is provided by an 'acquiring bank', they communicate directly with the card issuer when authorizing transactions and are essentially taking all the risk involved Read more [...]

Many small business owners hear about the term 'PCI compliance' and wonder what it actually stands for, the 'Payment Card Industry - Data Security Standards' or PCI DSS is an information security regulation which organizations must abide by when handling credit card data. It is a common for merchant's who want to meet PCI compliance to think that the documentation procedure is the easiest part of the requirement's, sure, Seymour Direct can supply you with PCI compliant credit card machines but Read more [...]

An internet merchant account is a crucial part of running an online business, so even if you've established which virtual terminal and shopping cart you want to use, the payment service provider will require that you apply for a merchant bank account. A merchant bank is often called 'an acquirer', they are the only one who can approve a internet merchant account but you can contact a merchant services provider such as Seymour Direct who will offer you discount rates and they have a long established Read more [...]