Payment Merchants

Stripe

Stripe has rapidly become one of the most popular online payment systems due to their ease of integration and transparent pricing. In addition to card payments, you can set-up recurring billing and direct debit services.

However, like most of the solutions presented here, you will still need to provide your own website and shopping cart software to start selling online.

Stripe Fees

  • No setup, monthly, or hidden fees
  • 1.4% + 20p for European cards
  • 2.9% + 20p for non-European cards
  • SEPA Direct Debit: 1% + 20p (£5 cap)

Authorize.net

Authorize.net is one of the oldest online payment processing companies out there. They boast that they have over 400,000 merchant customers around the world.

They currently offer two solutions for UK businesses. Either Payment Gateway & Merchant Account or just a Payment Gateway.

Authorize.net Fees

  • Payment Gateway & Merchant Account: Transaction Fees: 2.49% + £0.15 and Monthly Gateway fee of £19 with free set-up.
  • Payment Gateway Only: Gateway transaction fee of £0.10 + Monthly Gateway fee of £19 with free set-up. 

Sage Pay

SagePay offers a full range of payment processing solutions for both online and offline businesses. They claim 55,000 businesses use their services and are unique offering flat monthly fees for many of their products with no transaction charges.

They are also among the best rated payment processing companies in the UK, so are definitely worth a look as online payment system.

SagePay Fees

  • Flex: £19.90/month, 350 transactions per month, eInvoice and phone payments included.
  • Plus: £45/month, 500 token purchases per month, Accept a range of local European Payment types.

PayPal

Paypal is likely one of the first names you think of, when you think online payments. And for good reason, they claim that over 20 million UK shoppers use PayPal each year in the UK and that 7 million businesses worldwide use their platform to accept payments.

They are also one of the easiest to get started with, especially if you already have a Paypal account. However, be aware that their fees may not be the cheapest out there.

Paypal Fees For Selling Online:

Transaction Fees from: 1.9% + 20p per transaction (sales volume of up to £55,000 per month) up to 3.4% + 20p per transaction (sales volume under £1,500 per month). Note they also offer bespoke pricing options for even larger businesses.

  • Monthly Fees: Free (Web Payments Standard or Express Checkout) or £20 per month (Web Payments Pro)

 

Braintree

Braintree is a full-stack payments platform that makes it easy to accept payments in your app or website. Our service replaces the traditional model of sourcing a payment gateway and merchant account from different providers.

  • 1.9% + £0.20 per transaction (Amex: 2.4% + £0.20)
  • 1% fee for transactions presented outside of your home currency
  • £20 fee for chargebacks
  • Discounted rates for businesses processing over £50k per month
  • Interchange Plus Pricing is also available for merchants in Europe

Pin Payments

competitive pricing with no hidden fees or monthly costs. A simple transaction fee

means you only pay when you are paid.

  • 1.75% + 30c Domestic cards
  • 2.9% + 30c International cards
  • No lock-in contracts
  • Responsive support team
  • All features included

BlueSnap

Visa / Mastercard Consumer Credit & Debit  1,40% + £0,20

Visa / Mastercard Corporate, Discover & Diners 2,90% + £0,20

American Express 2,00% + £0,25

  • No monthly fees (during first 12 months or if processing>£2.500,00/mo)
  • No set-up fees, no cancellation fees
  • Cross-border and currency fees may apply
  • No additional fees for processing eWallets

  • 1.9% + £0.20 per transaction (Amex: 2.4% + £0.20)
  • 1% fee for transactions presented outside of your home currency
  • £20 fee for chargebacks
  • Discounted rates for businesses processing over £50k per month
  • Interchange Plus Pricing is also available for merchants in Europe