Skip to main content

Short Term Merchant Accounts

08 January 2018
Written by Libby James
Libby James is co-founder, director and an expert in all things merchant services. Libby is the go-to specialist for business with more complex requirements or businesses that are struggling to find a provider that will accept them. Libby is regularly cited in trade, national and international media.
In this article
    Share this article with others:

    Short-Term Merchant Accounts for Your Business

    In the dynamic landscape of business, flexibility is key. We understand that some enterprises prefer not to commit to lengthy contracts, especially when dealing with face-to-face card payments for short durations. Traditional account providers often bind merchants for up to four years, proving burdensome for seasonal businesses or those requiring a short-term merchant account. At Merchant Account Solutions (MAS), we offer short-term solutions that cater to your specific needs.

    PSR Limits Contracts to 18 Months: Embracing Flexibility

    In line with the Payment Services Regulations (PSR), ensures contracts are limited to 18 months, offering enhanced flexibility for merchants. This ensures that you have the freedom to adapt your merchant services based on your evolving business needs.

    Benefits of Short-Term Accounts: Your Business, Your Terms

    Flexibility: Short-term accounts provide the freedom to adapt to changing business conditions.

    Cost-Effective: Avoid unnecessary expenses associated with long-term contracts.

    Evaluative Opportunity: Reassess your merchant account and provider to secure more favourable rates.

    Tailored Solutions: Choose a plan that aligns with your business’s unique requirements.

    Merchant Accounts for Events: Seamless Transactions Anywhere, Anytime

    Our dedicated advisors specialise in finding the best card machines for events across the UK and Europe. Whether your event spans days, weeks, or months, we ensure you have the right connection to accept payments effortlessly. Discuss your business requirements with our experts, and let us facilitate smooth transactions at your events.

    Card Machines for Trade Events: Boost Sales On the Go

    For merchants aiming to maximise sales and streamline order processing at trade events, our portable chip and pin machines are the ideal solution. Say goodbye to the hassle of following up with sales calls from the office; instead, accept orders and deposits on the spot. Chip and pin machines can be hired for trade events spanning days or weeks.

    Card Machines for Pop-Up Shops: Empowering Your Business Temporarily

    Pop-up shops and businesses have gained popularity, and we provide short-term mobile payment solutions to expand your client base and increase sales. Whether you need a solution for a brief period or an extended duration, we have options tailored to your pop-up shop’s unique requirements.

    Short-Term Merchant Account for Seasonal Businesses: Tailored Leasing Solutions

    Seasonal businesses, such as farm shops, sports attractions, theme parks, and museums, often require credit card machines for specific months of the year. Our advisors collaborate with seasonal businesses, offering short-term leasing options for chip and pin terminals, ranging from a few weeks to six months.

    Short-Term Merchant Account for New Businesses: Empowering Your Fresh Start

    Establishing a new business comes with uncertainties, and committing to a four-year contract can be daunting. We recognise this challenge and offer short-term merchant accounts for new businesses, providing the flexibility to reassess your account and provider at the end of the term. This allows you to secure more appealing rates based on your transaction history.

    How MAS Can Help: Empowering Your Business Journey

    At Merchant Account Solutions, we are committed to empowering your business journey by offering tailored short-term merchant solutions. Our dedicated advisors are here to guide you through the process, ensuring that your payment solutions align with your unique needs. Discover how MAS can help you.

    For more advice and insights, visit our blog page.

    FAQs

    Are short-term merchant accounts suitable for all businesses?
    Short-term accounts cater to a wide range of businesses, providing flexibility for various needs.
    Can I extend a short-term merchant account if needed?
    Yes, extensions are available based on your business requirements.
    Do you offer support for setting up card machines at events?
    Absolutely, our expert advisors provide guidance and support for seamless setup.
    Are short-term accounts cost-effective for seasonal businesses?
    Yes, short-term leasing options are designed to be cost-effective for seasonal businesses.
    How does the PSR affect contract lengths?
    The PSR limits our contracts to a maximum of 18 months, ensuring adaptability for merchants.
    What are the key advantages of portable chip and pin machines at trade events?
    Portable machines facilitate on-the-spot transactions, minimising follow-up efforts and maximising sales.
    Can I apply for a short-term merchant account online?
    Yes, online application processes makes it convenient to apply for short-term accounts.
    How can a short-term merchant account benefit a new business?
    Short-term accounts provide new businesses with flexibility and the opportunity to secure better rates.

    Related Articles