i currently use paypal ( which is ok ) but I am looking at a new venture which will need a proper merchant account.
I am UK based and there are two options that appeal to me.
WORLDPAY = 4.5% + £150 per year ( £12-50 per month )
PROTX = £20 per month ( for up to 1000 transactions per quarter, or 10pence per transaction ) ... but I would need to get my own internet merchant account with one of the UK big banks.
( £1 = approx $1.9 )
Protx is obviously a lot cheaper.... or is it ?
Question is.... Does it cost monny to have a merchant account ? ie monthly statements etc, or is that part of what protx would be doing. Or put more simply, would I have to pay more than Protx are charging ( which would make Worldpay a better option )