Payment Gateway Integration Options For UK Businesses

~ 4 min read | February 6

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Update: We’ve come up with an interactive and comprehensive tool to compare and evaluate the payment gateway providers in the United Kingdom.

The more attractive your payment option is to customers, the more chances visitors can purchase. It is important to have a secure and easy payment method that customers trust. In our continuing series of payment integration options, we look at the options that UK startups have.

Startups in the UK face similar challenges to startups in the US when they apply for merchant accounts to be able to accept credit card payments. Most merchant account providers do not work with new companies that have no trading history. As a result, the best option for UK startups is to look for third-party payment services providers.

Below are some of the payment gateways that startups can go for in the UK:

eWay

eWay is a credit card payment gateway that targets SMEs in the UK. The company has no long-term contracts and allows customers to make payments on your site. eWay works with over 60 shopping carts and enables merchants to accept payments from all major credit cards. The company also has additional tools such as Social Connect Emails and Transactional Emails to help you build relationships with your buyers.

Fees: Pricing depends on the volume of transactions and package. You can choose hourly or yearly pricing based on your needs. Check the pricing table for more information.

PayPal Payments Pro

PayPal Payment Pro is one of the top payment gateways in the world. Its global appeal makes it a top choice for startups looking to accept international payments. PayPal can be easily integrated and one does not need a merchant account to use it.

Fees: PayPal fees vary depending on the volume of sales; the higher the sales, the lower the rate. Rates range from 1.4% +20p to 3.4% + 20p.

SagePay

SagePayoffers a comprehensive online payment services at a low cost. The company also offers merchant services, fraud prevention tools, token system, tailored solutions and integrates with the Sage accounting software. You can set up personalized payment pages, integrate with PayPal and accept phone or mail order payments.

Fees: There is no setup, percentage or annual fees. Pricing is £25 per month for up to 100 transactions and 10p per transaction for over 1000 transactions (with a minimum of £25 per month).

Braintree Payments (in beta)

Braintree Payments powers hundreds of businesses in the US and has recently started expanding overseas. The company enables you to accept payments in over 130 currencies, including EUR, GBP, and AUD. Braintree takes care of PCI compliance and merchant account issues, offering businesses an easy to set up payment solution.

Fees: Payments are tailored for every company depending on risk, transactions and other factors. Contact Braintree’s UK team for more information.

WorldPay

WorldPay is a robust payment gateway with a set of options for startups. The company enables online payments, point-of-sale payments, mail and telephone orders payments, recurring payments and offers merchant accounts.

Fees: Pricing varies for every business and usually includes set up fee, monthly fees transaction charges, fraud screening and so on. Some of the fees are optional depending on what you want.

WireCard

WireCard UK & Ireland is a product of the WireCard Group and one of the leading payment processors in the UK. The company has over 85 payment and risk management offerings and services over 12,000 customers worldwide. The gateway’s features include manual transaction booking, real-time transaction monitoring, Virtual Terminal, transaction management and others, and businesses can accept all major credit cards.

Fees: The charges are customized for every business.Contact the company for a quote.

Other payment gateways that work in the K include Skrill (formerly known as Moneybookers), 2Checkout, and Payze.

There are plenty of options available and you need to select the one which will suit your business needs. Check fees, merchant account agreement, support, and reputation of the company.

Which payment gateways do you recommend for UK start-ups or businesses that wish to accept credit card payments? Share your thoughts below.

John Solomon

Marketing Leader / Sales Enabler. Head of India Operations for @Infrascale / @sosonlinebackup.