Already with Global Payments?
Overview of Global Payments
Global Payments (which acquired the former HSBC Merchant Services book and operates several UK brands) serves a wide range of businesses from small retailers to multi-site operators. Pricing varies widely depending on the partner channel and the size of the merchant.
Because Global Payments statements can be dense and multi-line, a structured review usually surfaces the true effective rate more clearly than the headline rate alone.
Common fees businesses should check
By card scheme and category, often Interchange Plus on larger accounts.
Often a separate agreement.
Annual charge.
Smaller per-transaction or monthly charges.
Want us to check these fees on your Global Payments statement?
Check If I'm OverpayingContract terms and considerations
- Merchant agreements typically run 12–48 months.
- Terminal hire schedules are usually independent and can extend beyond the merchant contract.
Exit fees and early termination
- Early termination fees may apply on both the merchant and terminal contracts.
- Some alternative providers may help with exit costs where the financial case is clear, subject to approval.
We never guarantee to pay your exit fees or that you can be released from a contract. Any support with exit costs is dependent on selected alternative providers, is subject to approval and is only considered when switching makes clear financial sense.
Common reasons businesses request a review
- Account inherited from a previous banking relationship without a recent review.
- Statements are detailed and hard to compare year-on-year.
- Owner wants a benchmark before contract renewal.
Frequently asked questions
Will reviewing my Global Payments statement contact Global Payments?
No. We never contact your current provider without your written permission. The review is private and entirely for your information.
Do I have to leave Global Payments after the review?
Not at all. Many reviews end with the business staying on a renegotiated rate, or with confirmation that the existing setup is reasonable. You are under no obligation to switch.
How long does a Global Payments statement review take?
Most reviews are returned within a few working days once we have a recent monthly statement.
What does the review actually check?
Transaction rates, terminal rental, PCI fees, authorisation fees, monthly minimums, settlement timings, contract length, exit fees and any hidden extras specific to your account.
Get an independent view on your Global Payments setup
Two numbers — your monthly card bill and annual turnover — and we'll estimate your effective rate against the UK average. Send your statement and we'll email a full written breakdown within 30 minutes (8am–6pm, 7 days a week).
Takes 30 seconds. Statement optional.
Related providers
Worldpay
One of the largest global acquirers, with a wide variety of products, pricing structures and contract terms in the UK.
Elavon
A global acquirer (part of U.S. Bank) serving UK merchants directly and through banks and software partners.
Barclaycard
A large UK acquirer used by businesses of all sizes, often bundled with Barclays business banking.
Merchant statements & fees
Everything on your monthly statement — line by line — and how to spot overcharging.
- How To Read A Card Payment Statement
- Card Payment Fees Explained: A UK Business Guide
- Authorisation Fees Explained: The Silent Cost of Small Transactions
- PCI Compliance Fees & Costs UK 2026: SAQ Types, Prices and How to Avoid Non-Compliance Charges
- Monthly Minimum Charges Explained
- Merchant Acquirer Margin Explained
- Scheme Fees Explained (Visa & Mastercard)
- What Is An Effective Merchant Rate?
Related reading
Understanding Your Merchant Statement: A Line-by-Line UK Guide
A plain-English walk-through of every line on a UK merchant services statement, from interchange and scheme fees to PCI, terminal hire and the small charges that quietly inflate your effective rate.
Merchant Services Contract Guide: What UK Businesses Should Check Before Signing
A practical guide to the terms hidden inside UK merchant agreements — term length, notice periods, auto-renewal, rate review clauses and the separate terminal contract most businesses forget about.
How Card Payment Pricing Works in the UK
Blended, Interchange Plus, IC++ and pay-as-you-go pricing explained — with real UK rate examples, when each model wins, and the trade-offs behind the headline percentage.