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Allied Wallet: A Comprehensive Payment Solution for UK Businesses

For UK businesses looking to accept card payments seamlessly, Allied Wallet was once a notable player in the global payment processing industry. Offering a range of financial services, including online payment processing, merchant accounts, and multi-currency solutions, Allied Wallet aimed to support businesses in expanding their payment capabilities.

Key Features of Allied Wallet

  1. Global Payment Processing – Allied Wallet provided businesses with the ability to accept credit and debit card payments from customers worldwide, supporting multiple payment methods.
  2. Multi-Currency Support – The platform allowed transactions in various currencies, making it a potential choice for UK businesses trading internationally.
  3. E-Commerce Integration – With API solutions and plugin compatibility for major e-commerce platforms, Allied Wallet facilitated smooth online transactions.
  4. Fraud Prevention & Security – The company emphasised secure transactions with PCI-DSS compliance and advanced fraud detection tools.
  5. Merchant Services – Businesses could access merchant accounts, enabling them to process payments efficiently while managing payouts.

Considerations for UK Businesses

While Allied Wallet offered a range of services, UK businesses should be aware that the company faced legal and regulatory challenges in the past, including investigations by the US Federal Trade Commission (FTC) over allegations of deceptive practices. This led to its eventual shutdown.

Alternative Payment Solutions for UK Businesses

Given Allied Wallet’s closure, UK businesses seeking reliable payment processing should consider established alternatives such as:

  • Stripe – A popular choice for online payments with strong UK support.
  • Worldpay – A leading UK-based processor with global reach.
  • Square – Ideal for in-person and online payments.
  • PayPal – Widely trusted for e-commerce transactions.

Final Thoughts

While Allied Wallet once provided a suite of payment solutions, its discontinuation means UK businesses should explore more stable and reputable alternatives. Choosing a payment processor with strong regulatory compliance, transparent pricing, and excellent customer support is crucial for long-term success.