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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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TRANSAX Merchant Services sees record growth

The number of new customers joining TRANSAX Merchant Services has beaten its previous record. Whilst 2011 was a record year with the highest number of new customers joining the service, the growth has been even greater in 2012, with an extra 9% new customers signing up in the first quarter...

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Cheques are here to stay…

Following on from the announcement in 2011 that cheque clearing will not be abolished after all, the Cheque & Credit Clearing Company has released full year clearing figures.  A total of 682 million cheques were cleared in the United Kingdom in 2011 worth nearly £676 billion.  Whilst cheque usage is...

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The broadband way to accept cards

Business customers are turning to TRANSAX Merchant Services to accept card payments using their broadband connection. This option provides fast payment processing using a connection that is always on. There has been a massive growth in clients using broadband to process card payment through their card machine in the last...

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“I’d been with my previous provider for 18 years, so was very nervous about switching. But I needn’t have worried. The process was so simple and even though I’m no techy, I was able to set up the machine on my own. I’m over the moon with the results.” (November 2015)

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