Modern World Business Solutions

The firm operates as an acquirer-agnostic and brand-neutral Independent Sales Organisation (ISO), which allows it to offer customised payment solutions without allegiance to a single bank, processor, or hardware provider. MWBS generates revenue by facilitating merchant services and sharing in the revenue created by the transactions, encouraging its network of over 1,000 resellers to build long-term client relationships through ethical sales practices. Headquartered in Cambridgeshire, the company serves a diverse client base of small to medium-sized enterprises (SMEs) across the UK, including high-risk sectors like CBD, gaming, and travel.

The core of the company's offering is a proprietary technology platform and a dedicated merchant panel that provides financial analysis and insights. This platform allows businesses to compare hardware, transaction rates, and settlement times from 14 different acquiring bank partners, including major players like Elavon, Worldpay, and AIB. A distinctive feature is a commission rebate system, where merchants receive a portion of the transaction fees back, paid monthly. Beyond merchant accounts, MWBS provides a comprehensive suite of business services, including Electronic Point of Sale (EPOS) systems, e-commerce payment gateways, virtual terminals, business funding, and web design. The company has achieved significant growth, securing a £9 million growth fund to expand its team and services, and won 'Payments Innovation of the Year' at the 2023 Payments Awards.