Contactless

Contactless technology is the very latest in card processing, expected soon to replace standard chip and PIN transactions as customers' preferred method of card payment.

Contactless payments can be made by passing their credit or debit card across the face of a contactless reader (the newest type of terminal) within a matter of seconds the machine will display and green light, meaning the transaction has been approved.

Only those transactions of a value up to £30 may be paid for using contactless technology. This takes away the threat of large fraudulent transactions being made. Contactless cards also allow the capability to pay for goods or services using a PIN should the value of a transaction exceed this £30 limit.

In addition, to approve some transactions below the limit the cardholder will still occasionally be asked by the terminal to enter his or her PIN. These requests are made at random and ensure that a card has not fallen into the wrong hands, thus maintaining the highest level of card security. 

 

How can contactless solutions benefit your business?

  • The list of advantages afforded by this new technology is extensive, although it is important to note that inevitably it will vary between different types of business:
  • Faster payments - the technology allows for the average transaction to take less than a second, meaning not only an increase in the number of transactions over a given period but a better standard of customer service and more chance of returning custom.
  • Few or no queues - the greater throughput also significantly reduces your queue times; Visa Deloitte found in 2008 that 70% of customers will abandon a purchase if a queue is too long, so the likelihood of this occurring is much lower.
  • Fewer receipts - receipts are only printed if the customer requests one, saving on additional paper costs.
  • Customer preference - a retailer's facility to accept contactless payments can be clearly displayed in-store and at shop windows using the international acceptance logo; implementing the technology is a clear signal of intent that a business is seeking the latest methods of improving customer service and so the retailer can likely expect to see an increase in footfall.

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Seymour Direct

  • Greater spread of staff resources - the greater efficiency in payment processing means staff can spend less time at the point of sale and more on the shop floor.
  • Equally secure processing - using a contactless card is just as secure as using a chip and PIN, so both merchants and cardholders can be assured they are no more likely to be targeted by fraudsters.

 

Merchant Services
“Seymour Direct work hard to negotiate the best rates for its many thousands of customers by working very closely with some of the largest acquirers that operate in the UK where we analyse daily turnover forecasts within the various business sectors that our customers represent. This commitment ensures our customers receive the best service together with low charges.”

PCi Compliance
"The PCi standard was introduced by banks to businesses that accept credit & debit cards, in an effort to reduce fraud. Any business that accepts cards as a form of payment must become PCi compliant and with our wealth of experience in merchant services we can assist to ensure that non-compliance penalties are not applicable to our customers"

Rates & Charges
"Look no further, we can provide very low transaction charges which are usually only available to large businesses, however using our huge buying power you too can take advantage of the £billions of transactions that Seymour Direct are responsible for. Plus you can ensure that you will receive the very latest credit card machine which will be PCi compliant"
Shaun Rouse Toni&Guy

"I am very pleased with the exclusive WorldPay deal that Seymour Direct were able to organise for my TONI&GUY salon. It really has saved us a lot of money."


Call back?

Talk to us about your business processing requirements. Complete the below call back request form or 0800 980 4007