International E-Commerce Payment Processing
Trust Payments is a large, London-based merchant account provider that serves most standard risk e-commerce business types in the U.S. and UK. Previously known as Secure Trading, the company was founded in 1997 and is a subsidiary of the UC Group. Trust Payments is partnered with multiple acquiring banks and does not list a preferred backend credit card processor on its website. However, information available online suggests that the company is partnered with Barclaycard, Elavon, and First Data (now Fiserv). Readers should be careful not confuse the current Trust Payments with a similarly named company that has since rebranded as Premier One Payments.
Point of Sale
Trust payments offers a complete suite of POS solutions for merchants. This includes contactless payment, chip and pin entry, magstripe, countertop POS systems, and mobile payment support. Their 24/7 support for their point-of-sale solutions is a prime selling factor for the company, as is their ability to take payments in a variety of currencies and their omnichannel solutions.
Trust Payments Location and Ownership
On May 8, 2019, the company announced an ownership change. Cordet Capital Partners LLP, an independent investment fund management firm acquired Secure Trading which became a division of Trust Payments Limited. Trust Payments is headquartered at No.1 Royal Exchange, London, EC3V 3DG. Daniel Holden is the CEO of Trust Payments.
Trust Payments Review Table of Contents
- Costs & Contract: Trust Payments offers a one-year contract with a limited liquidated damages-style early termination fee.
- Complaints & Service: Trust Payments has received fewer than 10 public complaints.
- BBB Rating: Trust Payments does not have a rating with the Better Business Bureau at this time.
- Sales & Marketing: Trust Payments does not appear to hire independent sales agents and has not received any complaints about its sales practices.