Merchant Accounts

In order to use the Protx service, you will need to obtain a merchant account with one of the merchant banks that we work with.

If you wish to accept payments through your website you will need to set up an internet merchant account.

If you wish to take payments over the telephone or via mail order you will need to set up a mail order / telephone order (MOTO) merchant account.

You will need to pay fees to both your merchant bank for the costs associated with your merchant account and to Protx for processing the payments.

The costs associated with your merchant account will vary from bank to bank. The rates you will be charged depend upon a number of factors such as the length of time your business has been established, what type of industry you are in and your turnover. Consequently, it is difficult for us to estimate how much this will cost you.

However, you will usually be charged a set up fee, a percentage rate for credit card transactions, and a flat rate for debit card transactions. Over time, as you build up a relationship and business history with your bank, you can usually re-negotiate these rates.

Merchant Banks

Protx is approved with the merchant banks listed below. To accept payments through your website or over the telephone, you will need to set up a merchant account with one of these banks.

If you would like further advice about merchant accounts please call 0845 111 4455 and our expert staff will be happy to help you.

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