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Transax Merchant Services Review

Transax Merchant Accounts

TRANSAX Merchant Services offer secure and reliable face to face card payment processing. The company has a reputation for offering lower rates than its competition and claims to be able to save businesses up to 40% on the cost of processing credit cards. TRANSAX supply a wide range of up to date PDQ terminals that are available for monthly rental. Their services are backed up by UK and Ireland based help desks that operate 24/7.

The company was launched in 1986 as a card acceptance service provider and in 2008 it expanded its operations to include a wide range of merchant services which are provided by Certegy which is a member of the FIS group, a world leading payment services provider. The company processes almost 11 billion card transactions a year in the UK representing around £530 billion.

If you are interested in finding out more about Transax merchant accounts then simply continue reading the content on this page. If, however, you would like to start comparing prices and quotes today, just fill in the form at the top of this page.

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Customer base

The TRANSAX customer base includes 12,500 merchants across Europe and provides services at over 80,000 different locations. These range from sole traders through to huge multinationals. Big brand customers include Whitbread, Total and Tesco.

PDQ Terminals

TRANSAX provide a range of PDQ terminals. These include:


Countertop terminal choices are the Verifone V520 or the Ingenico iCT220 which connect to the payment network via telephone line or broadband


Portable terminal choices are the Verifone V680 and the Ingenico iWL222 which connect through Bluetooth


Mobile terminal choices are the Verifone V680 Mobile or the Ingenico iWL221 which connect through GPRS


TRANSAX don’t publish their costs but there is a considerable amount of anecdotal information that indicates that companies are able to negotiate excellent deals with the company.

Additional Services

TRANSAX provides a wide range of additional merchant services. These include:

TRANSAX Cheque Warranty

This allows businesses to accept personal and business cheques as any that are dishonoured are completely guaranteed and redeemed by TRANSAX in full.


This provides a free cashback service so that you can provide your debit card customers with cash.

Mobile phone top-up

For many businesses this is an excellent way to increase footfall and earn a commission by allowing your customers to add credit to their airtime either on their cords or using top-up vouchers.

Dynamic Currency Conversion

This feature allows your customers to pay in their own currency. This means that they are completely aware of what they are paying with the merchant receives a share of the currency exchange commission.

Merchant Cash Advance

As an alternative to a bank loan and based upon future credit and debit card transactions you can use the merchant cash advance. TRANSAX will provide a cash advance which your repay through an additional charge that is made on each card transaction.

Free business banking

Free business banking with Santander is currently being offered and provides a number of free transactions a month along with rapid transfer of funds from card payments made through TRANSAX Merchant Services.

Payment Gateway

Although TRANSAX Merchant Services don’t provide a payment gateway for ecommerce directly, they do so through the FIS Payment Gateway. This is a hosted service that provides a single point for all card transactions and data storage enabling merchants to reduce their required level of PCI DSS compliance. The TRANSAX gateway is available as an ecommerce system that can be integrated in QuickBooks and other applications.


If you are looking for a low cost credit and debit card processor for face to face transactions, then TRANSAX could be the merchant services provider for your business, particularly if you are attracted by their range of additional services. If you would like to discover more about TRANSAX and/or other providers and receive free no-obligation quotes, simply complete our quote form and we will get back to you today.