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What are Collection services (merchant processing services)?

collection merchant Services
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What are Collection services (merchant processing services)?

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Accounts Centre offers its merchant processing services (Collection Services) to all its customers who wish to conduct online transactions, especially related to E-commerce. Collection Services may not only be used for accepting online credit / debit card payments, but can also be used for receiving payments made through other methods such as Bank Draft, Wire Transfer and Cheques.[ Hide ]What are the advantages of using Collection Service? Collection Services offers the following advantages over other online payment collection services: • Efficient Setup. • Simplified and reduced fee structure. • Ease of Setup as there is no need to go through separate procedures for merchant account opening and payment gateway setup. • No need to contact 3rd party intermediaries. • For customers who require a UK bank account and are unable to do so on the basis of non-residency or other problems, Collection Services offers a viable alternative. [ Hide ] Are there any related costs other than the set u

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Accounts Centre offers its merchant processing services (Collection Services) to all its customers who wish to conduct online transactions, especially related to E-commerce. Collection Services may not only be used for accepting online credit / debit card payments, but can also be used for receiving payments made through other methods such as Bank Draft, Wire Transfer and Cheques.

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