The UK payment industry, valued at an impressive £12 billion, is experiencing a remarkable surge as innovative payment providers and cutting-edge solutions continue to emerge.
Every UK-based business necessitates a payment acceptance method, such as a Chip and Pin machine, a website gateway, a pay-by-link system, or an ordering app connected to a QR code, as customers increasingly opt for cashless transactions. Debit and credit cards have emerged as the favoured means of conducting payments.
To process these card payments, customers must secure authorization from an acquiring bank, which assesses multiple factors before granting approval. Acquiring banks subsequently impose flat-rate fees for both business and personal bank cards, with these charges being deducted monthly via a statement.
Fidelity Group has established strategic partnerships with industry-leading software providers and acquiring banks, ensuring enhanced value for both your customers and your business.
We distribute commissions in a two-part structure and take great pride in maintaining full transparency regarding all commission reports and payments, including the methods by which they are generated.
We share our residuals with you, encompassing ancillary fees, paper statement charges, and any additional revenue we obtain. Our aim is to encourage proper pricing for all merchants, as we strive to secure a mutually beneficial margin for both parties.
Terminal commissions are provided upfront and calculated based on a 48-month matrix. Should you sell contracts for 12, 24, or 36 months, the commissions will be proportionally adjusted to reflect the respective durations.
As a performance incentive, delivering ten new live deals each month will increase your residual by 5% up to a maximum of 75%. However, if you have two consecutive months without meeting this target, your percentage will decrease by 5% each consecutive month until it reaches a minimum of 50%
The most customer centric reseller partner programme in the United Kingdom.
If you’d like to find out more, why not call us now on 0800 840 6800 or simply fill in our contact form below and we’ll be in touch.