Most commonly known for its award-winning, prestigious accountancy software; Sage is a British company that has exploded onto the international stage with a range of products. Founded in 1981 in Newcastle, Sage has quickly become one of the most trusted names in finance and has partnered with HSBC. Offering merchant services by the bucket load, Sage’s name and brand has made it one of the most successful card payment solutions available – not to mention one of the cheapest on the market.
Storefront retailers can look forward to a wide range of PoS equipment available from Sage. The equipment includes wireless and Ethernet terminals, portable key-pads and encrypted devices. All merchant services conducted through Sage are protected from fraud, PCI compliant and traced and tracked.
Online retailers will have access to a virtual terminal from Sage, allowing a business to accept payments from anywhere in the world with an internet connection. Retailers can accept credit card payments, debit payments and even checks. Travelling retailers can also receive devices that can transform a smartphone or tablet into a card swiper; with all services including verification, repeat payments, fraud detection and more.
Every business in the world would find some way in which partnering with Sage could enhance their trading, but there are certainly clearer benefits for small to medium businesses. The lack of demanding minimums, the low and friendly fee structure and the complete set of tools all combine to make an attractive package for those smaller traders.
Businesses looking to partner with Sage can do so in one of two ways, filling in the online form on the website to obtain a free quote, or giving the sales team a call. Both methods will require very basic information about yourself and the business initially, and then further information depending on the success of your application. Both stages combined will take only minutes to complete and approved accounts can accept payments within days.
The crystal clear pricing structure on offer from Sage is a refreshing touch in a market where costs are hidden so often. The lack of monthly minimum is a particularly friendly feature for the smaller businesses, but the general low prices are attractive to any retailer.
|Monthly Statement Fee||Monthly Minimum||Monthly Gateway Fee||Set Up Fees|
Credit Card Fees—Retail:
|Average Discount Rate||Retail Transaction Fee||Equipment Cost|
|1.75%||$0.15||$20 to $150 per month|
Online Account Fees—No Card Present:
|Online Discount Rate||Gateway Transaction Fee||Address Verification Fee|
Whether you’re trying to get online with your business or simply reinforce your brick and mortar trading, Sage Payment Solutions has something on offer for everybody. The friendly pricing structure and the acceptance of so many payment options and currencies means that anybody can benefit from a partnership with Sage. The software, interface and equipment are incredibly straightforward and borrows a lot from the intuitive design of the company’s eponymous famous accounting software. The bottom line is that Sage is well positioned to be successful in offering any financial product, with merchant services and payment solutions no exception.