Yorkshire payments companies unite to combat risk and compliance

Card payment solution specialist, Yorkshire Payments, has announced a new collaboration with Gala Technology, the firm behind SOTpay payment solution, to provide its clients with additional tools to protect themselves against the ever-growing risk of fraud, when processing ‘Card Not Present’ transactions.

The news comes after Yorkshire Payments received plaudits for its relocation to the Brighouse high street, which is expected to generate 60-80 jobs in the local area, as well as processing over £523 Million pounds worth of sales for their 3500 customers, including tourist attractions Cannon Hall Farm and The Yorkshire Sculpture Park. 

Founder and Managing Director, James Howard stated: “I established Yorkshire Payments in order to provide cost-effective merchant services for small businesses that would mean they could afford to process card payments without falling foul of the charges associated with the high street banks.

“Yorkshire Payments provides card payment, virtual terminal and electronic point of sale solutions for companies of all shapes and sizes. We champion the thousands of SME businesses across Yorkshire that use our solutions, and we are big believers in remaining actively involved in the local business community to help our regional economy thrive.”

Gala Technology CEO Jason Mace added: “Fraud has continued to be a headache for small and large businesses alike, with record levels of attempts recorded in 2019. This represented losses in excess of £620 million in the UK alone.

“The integration of our technology, which has just been awarded the ‘Best International Card Not Present Solution’ accolade at the prestigious 2020 CNP Awards, in San Francisco into the Yorkshire Payments online gateway, enables merchants to protect themselves from the ever-growing threat of fraud-related chargebacks and the associated costs, by processing secure, authenticated and PCI DSS compliant ‘Card Not Present’ transactions.

“We are absolutely thrilled to be forging a relationship with such a forward-thinking organisation and the fact that we are both ‘Straight talking’ Yorkshire based businesses makes the deal even sweeter.”