In 2021, 90% of card transactions were contactless payments. Apps...
How To Avoid Unnecessary Charges On Your Merchant Bill
-
Tanim Minha
- 26/01/2023
Discover more
Monek: Our New Trusted Partner Bank
We are excited to announce that BMS is venturing on...
The Benefits of Being a BMS Member
Join as a member discover a wide range of services...
How To Avoid Unnecessary Charges On Your Merchant Bill
Business growth can lead to increased security risk. For SME's,...
Why Strong Customer Authentication (SCA) Matters In-Store
Strong Customer Authentication (SCA) is a security measure embodied within...
Business growth can inadvertently lead to increased security risk.
In small-to-medium businesses, much of the mitigating risk management will be reliant on the tools available. It is commonly found that third-party payment providers will incur additional charges for security measures.
One of the more controversial charges is for PCI-DSS Compliance, as a card payment security measure ensuring customer data protection through a rigorous set of standards. While it is not standardised by law, it is often found that the responsibility of the card processor is to establish the PCI Compliance fee.
The controversy comes from transparency issues, many businesses simply do not know whether they are compliant or not – which both can incur their own respective charges. It can be a charge that puts off smaller businesses partnering up with a payment provider. Especially since non-compliance can incur a hefty fee if your business is externally investigated in a data leak.
The situation surrounding PCI Compliance can be frustrating.
Bespoke Merchant Solutions recognises this frustration and has dedicated its resources to a streamlined onboarding process for all merchants. Within this period, we can determine your exact needs and align the correct fees for your benefit. Our dedicated account managers can assess these needs and offer a bespoke solution.
How BMS can help
Bespoke Merchant Solutions offers a free comparison service for any contract, while also offering a personalised Account Manager. We will also have your security on top of our list which is why we will source a trusted Compliance Manager who will work with you to understand your business. Your Compliance Manager will fill out the PCI compliance form for you and keep on top of compliance management, leaving you to get on with what you do best.
Simply fill in the form below or call us on 0800 989 0142. We look forward to hearing from you!
More from BMS
Payment & Merchant Insights
Here’s Why You Should Switch To Digital Money Now
In 2021, 90% of card transactions were contactless payments. Apps such as Apple Pay and the Google Wallet have given consumers the choice and flexibility to pay extremely quickly using their smart devices. We wanted to see how widely adopted digital wallets have become and why.
April 24, 2023
BMS Updates
Monek: Our New Trusted Partner Bank
We are excited to announce that BMS is venturing on with a new partnership with the merchant bank Monek.
March 28, 2023
BMS Updates
The Benefits of Being a BMS Member
Join as a member discover a wide range of services made especially for smaller merchant businesses looking to find the best way to operate.
February 27, 2023