Merchant Machine

Compare UK Card Machine Processing & Merchant Accounts Fees

It will only take 60 seconds.
Powered By Compare Card Services


2021 Nochex Payments Reviews: UK Fees & Pricing

Nochex Logo

Nochex was founded in 1999 and has been supplying SMEs with a secure and reliable payment service since 2001.  The company provides merchants with a merchant account, a payment gateway and payment processing all in one account which means there is only one company to deal with – Nochex.

Sections

  • Nochex Credit Card Processing & Payment Services
  • Other Nochex Products and Services
  • Nochex Pricing & Fees
  • Nochex Features
  • Company Background
  • Nochex Pros & Cons
  • Nochex Reviews

Nochex Credit Card Processing & Payment Services

Nochex Payments

Nochex has a range of payment solutions for collecting payments online, by telephone and on the move.

  • Mastercard
  • Visa
  • American Express

Other Nochex Products and Services

  • Nochex Lynx has many features including control over payment, easy management of partners and a central dashboard to manage your payments platform.
  • Memberships and Payments is a management solution for clubs and other membership organisations.
  • Bumblebee Auctions – Nochex is the only form of payment that Bumblebee Auctions accepts.

 

Nochex Pricing & Fees

Nochex has a transparent and simple pricing structure.  There are no annual, monthly or international transaction charges.

  • Telephone
  • £10 per month fee
  • 4% + 20p per transaction
  • Online
  • Merchant account – £50 setup fee, plus 2.9% and 20p transaction fee
  • Seller account – no set up fee, 3.25 plus 20p transaction fee

Source: www.nochex.com

To see how that compares have a look at: UK Merchant Account and Credit Card Processing Fee Comparison.

Nochex Features

Online

  • Fast and easy access to your money
  • Accepts payments from all major credit and debit cards
  • Merchant account and payment gateway in one
  • Customised payment pages
  • 3DS secure
  • PCI compliant
  • No limits on number of transactions
  • Customers don’t need an account in order to pay you
  • UK support for your customers
  • Simple and quick setup
  • Easy to integrate with your website
  • Personal UK based account manager

Telephone

  • Free account set up

Subscription Payments

  • Easily set up timed credit card and debit card transactions
  • View detailed billing reports and customer transaction histories

Invoice Payments

  • No extra charges for sending invoices or receiving payments

MPOS Payments

Merchant Account

  • Can accept international and national payments
  • Can accept single transactions of up to £1,000
  • Personal account manager

 

Entry Level Trader Account

  • Can accept national payments only
  • Can accept single transactions of up to £100
  • Probationary period

Company Background

Nochex was founded in 1999 and began providing a full payment service to SMEs in 2001.  In its early years, Nochex was the UK’s first alternative payment choice on eBay.   eBay acquired PayPal in 2003 and, in 2006, eBay stopped their sellers from using Nochex.  The company obviously lost a lot of its merchants to PayPal.  By the time eBay’s decision was overturned, it was too late for Nochex to regain its former success with eBay.

Nochex’s set back forced the company to look elsewhere for merchants.  They developed a unique payment collection system for internet retailers who sold through their own websites and shopping carts.  Nochex’s solution removed the need for SMEs to have an expensive merchant account from a bank.

In 2011, Nochex set up a partner scheme which rewards people who bring in new business, by giving them commission on sales and products used.  Nochex was one of the first companies to make its payment facilities ready for mobile phones.

2013 saw Nochex being chosen by both Visa and MasterCard to head the launch of their individual electronic wallet services, both companies obviously recognising the good relationship Nochex has with its merchant account holders.

Nochex Pros & Cons

The following pros and cons are based on information available on reviews from Trustpilot.

Pros:

  • Safe and quick
  • Terms and conditions completely transparent
  • Easy to set up and use
  • Many users have never had a problem with Nochex

Cons:

  • Lack of customer support
  • Complaints about return of holding deposit when account cancelled
  • Many complaints about defrauding customers
  • Frozen accounts

Nochex Reviews

  • Trustpilot: 3.2 out of 5 based on 273 reviews

Nochex Merchant Machine score is 3.2 out of 5.

Website:  www.nochex.com

Click To Compare Card Processing Fees

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top 9 Best Card Machines For Small Business From £19

2022 UK Merchant Account & Credit Card Processing Fee Comparison

21 Top Ecommerce Platforms For UK Businesses: 2022 Comparison

Compare 100+ UK Merchant Account Providers & Card Payment Services

Payment Gateways in The UK: What You Need To Know In 2022

2022 Zettle Review: UK Card Reader Fees & Pricing Compared

PDQ Machines: Cheap Chip & Pin Card Payment Terminals From £19

Process More Than £10k Per Month?



Click To Pay Less

Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2022