What are the best payment processors in the UK?

In my experience, the term “best payment processor” is relative, because there is not a single processor that can service every business or meet the regulatory requirements for every region of the world. The answer depends entirely on your particular needs.

Ecommerce businesses, for example, typically only require a payment gateway whereas other types of companies are more likely to require the services of a payment processor. Which camp do you fall into? If it’s the former, it’s likely that you really only need a payment gateway for your business.

Overall, your best bet in locating either a payment gateway or a payment processor begins with evaluating your needs, and then - choosing the best payment processor or payment gateway based on those needs and the ability to customize and scale as your business grows.

Selecting a payment processor is quite comparable to selecting a payment gateway, as both are based on similar criteria. This article provides an introductory overview of payment gateways and further links to a mini-series of articles covering the most important features to consider when choosing a payment gateway: Payment Gateways: Introduction.