The Halifax has grown into a reputable and trusted bank since its founding in 1853. It is now part of the Lloyds Banking Group and, it is Lloyds Bank Cardnet that provides Halifax’s merchant services.
Halifax Merchant Services Credit Card Processing & Payment Services
Halifax Merchant Services Payments
Halifax Merchant Services processes a wide range of debit and credit cards through Lloyds Bank Cardnet. It also accepts a wide range of payments types in many currencies:
- American Express
- BC Global Card
- Corporate, Commercial and Purchasing cards
- Diners Club International
- International Maestro + Maestro
Other Halifax Merchant Services/Lloyds Bank Cardnet Products and Services
- International transactions: Dynamic Currency Conversation lets international customers pay in their home currency, using a foreign-issued Visa or MasterCard card, at no additional cost (39 currencies). Multi-currency transactions are also offered through Lloyds Bank Cardnet, allowing businesses to take payment from overseas. This service supports more than 50 currencies, with settlement available in 13 different currencies.
- Services for Corporates: –
- A dedicated relationship manager
- Comprehensive onboarding support
- Bespoke rates
- Sophisticated online reporting tools
- Compliance advice
- Mobile top-ups
- Reporting: – Track business finances and get an insight into customer trends with online card transaction reports.
- Trade Association: Introduce Cardnet to your member base and you can earn commission and your members will benefit from bespoke rates.
Halifax Merchant Services/Lloyds Bank Cardnet Pricing & Fees
Halifax Merchant Services, through Lloyds Bank Cardnet, have a range of options for any size business. They don’t publish their prices and fees on their website. They operate a bespoke pricing system for corporates and those companies wanting multiple payment methods.
Clover – POS system
- Accept payments
- Track sales
- Monitor staff performance
- Secure, cloud-based storage
- Dedicated technical support
- Face to Face
- Countertop machines
- Portable machines
- SIM card mobile handsets
- Contactless payments
- Online Payments – Designed for small businesses
- Hosted payment page
- Virtual terminal for mail and telephone orders
- Strong fraud prevention tool
- Detailed online management information portal
- Over the phone payments
To see how that compares have a look at: UK Merchant Account and Credit Card Processing Fee Comparison.
Halifax Merchant Services Features
- Connect with your eCommerce website
- Online payment
- Wide range of debit and credit cards accepted
- International transactions
- Bespoke services for corporates
- 24/7 UK based support
- Customisable payment pages
- Mobile Card machine
- Portable Card machine
- Countertop Card machine
- Card machine integrates with your Point of Sale
- Contactless payments
The Halifax was founded in 1852 and was originally called the Halifax Permanent Benefit Building and Investment Society. It was founded by a group of local businessmen who wanted to help local people to save money or borrow money in order to build or buy a home. By 1938, the Halifax had branches throughout the UK. During the 1980s, the company diversified into personal banking, stock broking, insurance and estate agency and in 1997, the company was floating on the stock exchange.
In September 2001, the Halifax merged with the Bank of Scotland to form HBOS Plc. January 2009 saw Lloyds TSB acquire HBOS, to form Lloyds Banking Group. The Halifax doesn’t offer business accounts directly, however, it works with Lloyds Bank Cardnet to supply merchant services.
Lloyds Bank Cardnet is part of the Lloyds Bank Group. Lloyds Bank was founded in 1765, in Birmingham, UK. It is one of the big four clearing banks and is the largest retail bank in Britain. The Cardnet division of the Lloyds Bank Group was founded in 1997 and now processes over 2.5 million transactions per day. Cardnet is a joint venture between First Data and Lloyds Bank.
Halifax Merchant Services (Lloyds Bank Cardnet) Pros & Cons
There are no customer reviews on Halifax Merchant Services and very few on Cardnet online, even Trustpilot comes up empty. However, Cardnet seems to be respected company which has had very few complaints against it, which in itself speaks volumes for a company of its size. The main form of complaint seems to be poor customer service and delayed or frozen payments. The latter are funds held by high risk or card-not-present merchants, which would occur not matter who the merchant account provider was.