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Worldpay: any good?

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Old 11 November 2002, 08:23 AM
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TopBanana
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Looks like they only charge 1.6% - looks easier than going through Barclays Merchant Services or the like. How quickly do they pay up?
Old 11 November 2002, 08:31 AM
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Squizz
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1.6% ??

I thought it was more like 4% per transaction...!!!!
Old 11 November 2002, 08:40 AM
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12LEE
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Squizz is right. If you *don't* have a merchant account with a bank and use Worldpay as a bureau, you're looking at 4.5% per transaction as well as sign up fees, annual fees, etc.

Too bloody expensive.

I'd recommend getting a merchant account and using a PSP like protx at an additional £0.05 per transaction.
Old 11 November 2002, 09:00 AM
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TopBanana
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Oh darn - it's so hard to find the low-down on these sites. Can you recommend a decent merchant account provider?
Old 11 November 2002, 09:06 AM
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12LEE
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Try LloydsTSB Cardnet. Link and number at the protx site.
Old 11 November 2002, 09:07 AM
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Ta
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