RBS Worldpay....

[Power Lunch Club]

RBS Worldpay...

What do SBF members have as an experiance of this service from RBS.

It's something I am thinking of taking on, for online payments.

Your comments would be appreciated.

Kind regards

Gordon

 

[Boxby]

Worldpay, Streamline & FSB put a very strong package together. FSB gives you a streamline account with no monthly fees, no set up and reduced streamline transaction fees.

Streamline & Worldpay have a (very quietly marketed) package that gives you substantially reduced worldpay transaction fees, no set up for worldpay, and no monthly fees.

And it's a worldpay account with immediate payover, no retained funds for 4 weeks or other crazy system.

You'll have to dig around in worldpay to get to this offer, but as a combination it does work very well, and offers very good value for money.

 

[Scottish Business Owner]

Really playing devils advocate here but why limit yourself to Worldpay? OK maybe it appears on the surface to have a bit more credibility there are other options like Google Checkout and even Paypal.

At the end of the day if it's to test something initially then I would opt for one of the latter two as they can easily be switched off and you wont be incurring any monthly fees etc.

Just my 2p worth anyway

 

[Boxby]

I would opt for both. In a having your cake and eating it kind of way. :001_rolleyes:

Obviously it depends on your product/service/market, but if it's Joe Public then it cannot but help to offer worldpay and paypal or worldpay and google checkout.

As a merchant, i loathe paypal :cursing:, but as a buyer, i use it all the time, simply because it's very quick and easy. Partic for low value items.

 

[Canary Dwarf]

As a merchant I usually advise PayPal for simplicity. A business account lets you take credit cards as well as paypal, so there's flexibilty. As a buyer, I find myself looking for paypal checkouts now, cos it's so goddam easy, just an email and a password and you're done.

 

[Gutsy]

Because Paypal doesn't operate here, I use Credit Card Processing & Merchant Account Services - Setcom. I've also recently come into contact with Moneybookers.com. Both "seem" okay.

 

[stugster]

Worldpay, Streamline & FSB put a very strong package together. FSB gives you a streamline account with no monthly fees, no set up and reduced streamline transaction fees.

Streamline & Worldpay have a (very quietly marketed) package that gives you substantially reduced worldpay transaction fees, no set up for worldpay, and no monthly fees.

And it's a worldpay account with immediate payover, no retained funds for 4 weeks or other crazy system.

That's an incredible offer! I might sign up for the FSB purely to get it.

 

[Boxby]

That's an incredible offer! I might sign up for the FSB purely to get it.

There are a lot of people that do just that.

 

[stugster]

Sandra,

Do you need an RBS account for this deal, or can you get it on another business account?

 

[stuarty]

Worldpay is overkill for your business Gordon. Paypal is all you need.

 

[adamski]

Sandra do you know how this all fits in with the new "rbsworldpay" which is everything consolidated into the one brand? The FSB still have a deal with RBSWorldPay but will they then have a deal with themselves that will match the deal you mentioned?

 

[Boxby]

Don't know i'm afraid.

 

[adamski]

I'll drop them a message and see what they say Nothing ventured, nothing gained and all that!

 

[adamski]

Ok so a very delayed update but it turned out the Worldpay wasn't included in the FSB offer when I signed up. They were renegotiating some rates or some such but nobody could actually help me.

Ended up going with Optimal Payments who have been great

 

[Merchant UK]

I was going to sign up with Barclays for my Merchant Account and Card processing, but i Signed up with the FSB (£120 for sole trader) and their offer, why??

Barclays wanted £200 set up charge, Then they wanted me to have a PC expert round to look at my Home PC and i'd have to pay them direct £75 + vat, although i told them i wanted the card processing to go direct to a secure server held by the card processors, they still said i had to pay??

Then i got a letter saying that they would accept my application but because of the line of business i'm in they would retain my earnings for 14 days ( I own an engineering company?? )

When i phoned the FSB after i joined, i applied for the Package they were offering and within a week i had all the applications, forms etc, Just fill them in, send proof of your business account, ie voided cheque and withing 2 weeks my account was open, Merchant Account with Nat west, Card Processing with RSB Worldpay. Brilliant and i'm very happy with the rates and service, funds get paid into my account within 3 days :thumbup:

Sad thing is my business account is with barclays??

 

[Merchant UK]

Ok so a very delayed update but it turned out the Worldpay wasn't included in the FSB offer when I signed up. They were renegotiating some rates or some such but nobody could actually help me.

Ended up going with Optimal Payments who have been great

Hi Adam

Thats strange to hear??, When you apply for your merchant account with Streamline, they automatically open the one with RSB Worldpay??

Did they send you the account forms for the worldpay account???

 

[adamski]

Nope it was a complete mess and all down to the FSB. RBS were fine and even told me (although they weren't meant to) what the special FSB rates were - something not even FSB could do !