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Company News

Contactless Payments Grow Month on Month

Recent figures released by the UK Cards Association (www.theukcardsassociation.org.uk) show that the volume and value of contactless payments continues to rise month on month in 2014. A total of 22.1m contactless transactions were made in May with a value of £146.1m. This is a massive 210.5% increase in transactions over the...

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FIS shortlisted for Retail Systems Awards 2014

FIS are pleased to announce that they have been shortlisted as a finalist in two categories at this years Retail Systems Awards. The first nomination, in conjunction with Costcutter, is for Payments Partnership of the Year, whilst the second nomination is for Card and Payments Solution of the Year in...

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UK Card Usage Continues to rise

According to figures released by The UK Cards Association, card usage in the UK continued to rise in 2013 with a total of 10.9 billion card purchases made worth a total value of £532 billion. The majority of these purchases were made using debit cards. With 95.7 million debit cards...

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TRANSAXpay from FIS Secures Card Data and Cuts Point of Sale Transaction Times for Halfords

11 June 2014 – FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, consulting and outsourcing solutions,today announced the completion of the full rollout of its TRANSAXpay card encryption and payment processing solution at 466 Halfords stores, making payments faster and highly secure for Halfords’ customers. Internal...

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TRANSAX Merchant Services on Tour!

TRANSAX Merchant Services are delighted to announce that they will be joining The Business Growth Show on tour this summer! We will be attending 3 of the show’s expo’s at venues across the country over the coming months. Come and see us at: North West Business Expo, 4th June, Salford City...

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Costcutter Supermarkets Group Rolls Out FIS’ TRANSAXpay Secure Card Processing Solution

JACKSONVILLE, Fla., and LONDON, August 1st, 2013 – FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, has completed the full rollout of its TRANSAXpay card encryption and payment processing solution at 340 Costcutter stores. The rollout sees the technology implemented at over 1,000 point of sale...

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Record Figures for 2012 Card Usage

Figures released by The UK Cards Association reveal that card usage in the UK hit record figures last year with a total of 9.9 billion card purchases being made worth a total of £477 billion. The figures reveal that Brits used debit cards to make 7.7 billion purchases, worth £337...

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Introducing our new Vx520 Contactless Terminal

The new Vx520 card terminal from is now available from TRANSAX Merchant Services. The terminal is designed to sit on a countertop, reception desk or till point and has built in contactless capabilities. The Vx520 terminal accepts contactless payments (currently up to £20 in value) by a quick tap of...

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TRANSAX Merchant Services launches new Merchant Cash Advance service

TRANSAX Merchant Services are pleased to announce the launch of the new Merchant Cash Advance Service from United Kapital. An ideal alternative to a small business loan, the cash advance service allows a business to use their future debit and credit card payments to release funds that can be invested...

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Card usage grows despite the economy

Figures released by industry trade body, The UK Cards Association reveal that card usage in the UK continues to grow, despite the downturn in the economy.  Recently released data for 2011 show that the number of debit card transactions increased by 12.1% during the year, to reach 7.3 billion. Likewise...

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“Couldn’t believe how easy it was to switch. We didn’t have to do anything as the rep took care of the paperwork and installed the machine. Have to say it’s the best business decision I’ve made in years” (November 2015)

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