Re: Anyone Know Any Good Merchant Accounts... -
02-22-2007, 03:26 PM
I've never heard of anyone get turned down by Worldpay. Only two snags are the high processing costs (around 5% per transaction), and, perhaps worst of all, the settlement time of FIVE WEEKS.
Funnily enough, they are owned by Natwest, whose CC division, Streamline, charge around 1.7% per transaction, and have a settlement time of three days.
Most of the big retailers will have Streamline or similar, smaller web operations will have had no option but to take Worldpay