Suresite, the UK card services and risk management company, has achieved a new landmark with its processing of bank card transactions exceeding £2bn per annum.
From its launch in 2005, Suresite Card Services has grown to become the leading provider to group retailers and large multinational organisations in the UK forecourt sector and now serves any industry that accepts card payments, including convenience, car sales, hotel and leisure.
“This is an incredible achievement for Suresite in a relatively short time,” said David Wright, card services manager, Suresite.
“Our aim has always been to make the card services operation as easy to set up and manage as possible and at the best rates available. This resonates with businesses of all sizes, who also value our high levels of support services and technological know-how.
“It is a credit to every member of staff within Suresite Card Services that we have successfully undertaken over 75m transactions in the last 12 months. As our aggregate throughput builds, it allows us to protect the rates that our customers currently enjoy.
“Our company also provides flexibility to work across a wide variation of accredited equipment and manage the seamless integration of contactless; which is now the preferred payment method of the under 30’s and growing exponentially,” continues Wright.
In the UK, card spending accounted for around 78% of all national retail sales in 2016, while card transaction throughputs across Europe grew by 6.5% in the last 12 months. Further growth is forecast in the year ahead.