ABOUT WILDCARD PAYMENTS

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About Our Company

Wildcard Payments

In Newcastle, 2018, Wildcard Payments started with one goal in mind:

We want to improve the way that small and medium-sized companies took payments from their customers. But how?

By not only removing the idea of “hidden fees” but by changing the way that average payment processing companies do business to help benefit business owners. We’ve since moved to London, but our goal remains the same.

We’re also partnered with some of the largest acquiring banks in the world. Meaning that you can be assured you’re getting the best service, the fastest transactions, and the best rates available.

What Makes Us The Only Choice

Re-Inventing The Payment Industry

There’s a reason we are able to save companies up to 55% on their payment processing.

It’s because we do things differently.

How Payment Processing Typically Works

A (very) quick overview:

All acquiring banks (the banks that your transactions pass through) charge transaction rates, authorisation fees, and PCI-compliance fees regardless of who you work with.

Merchant service companies, like ours, sell this service on behalf of the acquiring banks.

So How Is Wildcard Payments Different?

What separates us is that most other merchant service providers also add additional fees on top of these base charges to create an additional stream of recurring revenue. 

We don’t. All of our revenue comes from the small one-time commission paid by the bank for the lease of your terminal.

We don’t make any recurring revenue from your business. Meaning, you have the absolute lowest monthly payment possible and the money that you work hard to earn stays in your pocket.

Here’s a breakdown of the different “additional charges” most merchant providers charge you compared to us:

Possible Additional Charges

Wildcard Payments

Other Merchants

Transaction Rates

Authorisation Fees

PCI-Compliance

Monthly Service Charges

Monthly Management Fees

Set-Up Fees

Termination/Cancellation Fees**

Terminal Lease

  • = No additional charges above what the acquiring bank charges
  • = Marked-up above the minimum set by the acquiring bank
  • ** When canceling your terminal lease, you're required to pay off the rest of your contract (equal to your monthly lease payment x number of months remaining). Termination/Cancellation Fees refers to charges in addition to paying off your contract. We don't charge this.

Want to see how much you could save with Wildcard Payments?

Look Below To Get Answers to our

Frequently Asked Questions

What separates us is that with most other merchant service providers, they also add additional fees on top of the base charges set by the acquiring bank to create an additional stream of recurring revenue. 

We don’t.

All of our revenue comes from the small one-time commission paid by the acquiring bank for the lease of your terminal. We don’t make any recurring revenue from your business, which ensures that you have the absolute lowest monthly payment possible and you get to keep the money that you work hard to earn.

Of course not! 

Your merchant services contract will very clearly state that the rates you’re offered are locked-in for the duration of your contract, unable to be changed by us or the acquiring bank until the contract expires.

It’s true, in some cases our terminals are slightly more expensive.

For almost all companies, though, the small additional cost for the terminal lease is insignificant next to the massive amount we are able to save companies on their transaction rates and other fees.

You can use our calculator here to instantly get an idea of what kind of savings you should expect or fill out our short application here to get a detailed proposal!

(Don’t worry, we don’t require any personal info to use the calculator)

Great question! The rates we offer depend on the Average Transaction Amount (A.T.A.) through your terminals.

If your A.T.A. is below £30 your rates would be 0.255% for debit card transactions and 0.599% for credit card transactions.

For Average Transaction Amounts above £30, your rates would be 0.285% for debit and 0.599% for credit.

Note: The rates above don’t apply to businesses classified as “high-risk”, contact us and we can get you up to date high-risk rates for your business!

That’s fantastic!

In a lot of cases, unfortunately, when merchant providers have similar rates to ours it means that they make money by charging more on back-end fees.

We hope this isn’t the case with your provider, but if you’d like to be sure you’re not being overcharged anywhere, head over to our instant estimate calculator to make sure you’re not overpaying!

(Don’t worry, no personal information is needed to use our estimate calculator)

With same-day payments, all payments made to your terminals are guaranteed to be in your bank account within the same 24 hour period!

Payments are made at 9am every morning (excluding weekends) and include all transactions up until midnight the night before.

(Note: transactions made between midnight and 9am are paid on the next pay cycle)

No problem! 

Feel free to use our live chat, check out our contact us page, call us on 0333 9961133, OR email us at info@wildcardpayments.co.uk

The possibilities are endless!