MerchantGreat LogoMerchantGreat
UK PSP CRISIS

UK Merchant Account
Terminated Post-Brexit?

Post-Brexit UK merchants need FCA-authorized processors, not EU passporting. EU-based PSPs terminated 23% of UK accounts in 2021-2022. UK merchants require Open Banking integration for £50K+ monthly volume, GBP/EUR processing, and compliance with UK-specific regulations to restore payment operations.

Get matched with UK-friendly processors in 60 seconds
WorldPay, Checkout.com, Barclaycard • 74% Approval Rate

FCA Authorized PSPs • Open Banking Ready
GBP/EUR Processing • UK Bank Accounts
Post-Brexit Compliant • No EU Passporting Needed
Get UK-Friendly Processors →

Free • 60 seconds • 3-7 day approval

Why UK Merchants Are Getting Terminated

Brexit Regulatory Split

EU-based PSPs (Stripe Ireland, Adyen Amsterdam) dropped UK merchants. No more EU passporting. UK needs FCA authorization separately.

23% of UK merchants affected

Open Banking Requirements

UK Open Banking regulations require bank API integration for £50K+ monthly volume. Many US PSPs can't support UK Open Banking.

Required for £50K+ volume

GBP Currency Risk

GBP volatility post-Brexit makes UK processing "high-risk" for US PSPs. Higher rates, reserves, and compliance requirements.

Rates up 0.5-1.2%

UK-Friendly Payment Processors

Checkout.com (London)

82%
UK Merchant Approval
Rates: 2.9-3.9%
✓ Pros:
  • UK-based, FCA authorized
  • Open Banking native
  • Best for £50K+ volume
✗ Cons:
  • Requires UK company
  • Strict KYC

WorldPay UK

74%
UK Merchant Approval
Rates: 2.5-3.5%
✓ Pros:
  • Largest UK processor
  • Accepts high-risk UK merchants
  • GBP/EUR support
✗ Cons:
  • Higher fees for new merchants
  • Complex application

Barclaycard

68%
UK Merchant Approval
Rates: 1.9-2.9%
✓ Pros:
  • Lowest rates for established
  • UK bank integration
  • Strong brand trust
✗ Cons:
  • Requires 2+ years trading
  • Conservative risk appetite
Get Your UK Processor Match →

UK Merchant Success Stories

👤

James Mitchell

CBD Retailer, London

"Stripe Ireland terminated us post-Brexit without warning. Got matched with Checkout.com and approved in 5 days. Now processing £85K monthly with full Open Banking compliance."

✓ 5-day approval✓ £85K monthly
👤

Emma Thompson

Fashion E-commerce, Manchester

"Lost Adyen Amsterdam due to FCA compliance issues. WorldPay UK approved us in 7 days with proper FCA authorization. Reduced processing costs by 0.8% and added GBP/EUR support."

✓ 7-day approval✓ 0.8% cost savings
👤

Oliver Davies

SaaS Platform, Edinburgh

"PayPal US rejected us for UK business. Barclaycard approved us with 2-year trading history at amazing rates. Saving £2,400 monthly compared to high-risk alternatives."

✓ Best rates secured✓ £2,400/mo savings

Get UK Payment Processing Today

74% approval rate • FCA authorized • Open Banking ready

Start Free Assessment

Related Crisis & Recovery Resources