|
|
| |
To trade over the
Internet it is necessary to have both a payment gateway
and a merchant account designed to accept payments from
online transactions. WorldPay provide a solution that
encompasses both of these elements into one package, obviating
the need to arrange for a separate merchant account for
your online business. This saves both cost and time in
setting up, and indeed many banks charge more for a merchant
account alone than the cost of WorldPays combined solution.
The proceeds from your online transactions are then paid
into your normal business bank account.
WorldDirect is the product you need if you wish to take
credit card orders online but don't already have a merchant
account for online credit card processing. WorldPay's
FuturePay product is a no cost option to take regular
payments from credit cards and can be added to your WorldDirect
account at any time in the future.
The following charges apply. |
| |
| Processing
charge |
| Setup
Fee (non refundable) |
£50 |
| Annual
Fee - includes 3 free currencies |
£145 |
| Additional
charge per currency |
£50 |
| Service
charge per transaction * |
| Credit
Cards |
4.5% |
| Debit
Cards |
50p |
| Remittance
charges ** |
| Remittance
in GBP to UK bank accounts |
35p |
| Remittance
in any other currency to UK or non-UK bank
accounts |
£2.50 |
|
|
|
| * This is the ONLY fee
charged, there are no additional charges payable to banks
or other third party organisations.
** This charge is incurred by WorldPay when
remitting funds into your bank account. With WorldDirect
you will normally receive weekly remittances 4 weeks
in arrears. The minimum remittance amount is £10
for sterling or the equivalent of £100 in the
case of other currencies. You may arrange for periodical
remittance for amounts greater than the above. The charge
is per remittance (NOT transaction) and does not include
intermediary or receiving bank charges (if any) that
may be levied. Remittance charges depend upon the charges
made by the relevant banks and may be changed without
notice.
|
|
|
| |
|
|
|
|
Currency
Facts