Quote:
Originally posted by Darren
Ok heres the situation, im in the UK and to get a merchant account here the % the bank takes is like 8.5% then add 1.5% for netbilling and processing would be 10%.
Im currently with PSW and they do it at 11% which makes it pointless me going through the hassle of setting up my own merchant account.
Now i find out my lovely competitors in the USA process at between 2%-4%
When ur talking large figures per a day in affect we are losing a lot of money a year simply because we are in the UK.
Lets talk about solutions...
HELP! 
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Look for a different UK bank. I had to setup a merchant account for my old company (and for the life of me can't remember who I used in the end) a few years back in the UK> The rate was MUCH lower than 8.5%. Shop around.