05/06/2026
It's a minefield with the number of providers available on the market, but here are some tips to help create some clarity...
1. Understand your customer card profile
This will help determine which provider is best suited to your business. Consider the mix of consumer, business, and non-UK cards you accept. Different payment providers charge varying rates depending on the card type, so understanding your customer profile is the first step.
2. Check whether your website platform dictates your payment provider
Certain platforms, such as Wix, Yell, and Shopify, can lock you into higher payment processing fees. While it can sometimes be difficult to move away from these arrangements, there are often alternative options available.
3. Look at your average basket value
If your average transaction value is low and you're using a provider that charges a fixed transaction fee (for example, 20p per transaction), these costs can quickly add up and have a significant impact on your overall processing fees.
There are many ways to reduce your website payment costs without the need for expensive technical development work. If you'd like some advice, feel free to get in touch.
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