Hi, I have a small CBD shopify store in Ireland that makes 7-10k in sales per month.
I want to expand to the UK market. My current Merchant acquiring service is Clearhaus who charge me 5% transaction fees and 100€ per month. On top of that my 10% rolling reserve fees are kept with them for 8-10 months.
My question , is there a better solution in my case? Rolling reserve fees kinda suck and cut into my profits. I know there are more options for woocommerce but I really like shopify and i'll stay here.
This is Apoorv Joshi from Merchant Stronghold.
We can help you with the best solutions. You can directly contact with our expert's team.
If you want to move with WooCommerce and the rolling reserves are a standard process for the banks globally. You want more information about this please Sign Up
My best advise is to find a very good payment gateway or merchant provider who can support for your business. (Obviously who can offer you with good fees and transaction rates, shorter deposit lead time, good customer service and also who have clear instructions how to deal with charge backs).
Once you finalise your payment gateway provider simply drop me a DM, I will guide you how to add them to your store.
All the best.