Payment Methods in 2018 – What’s out there, and what’s right for you!
So many things have affected the way we’re able to accept and make payments these days. Most influential are the technological advancements of our age and the post open banking era we live in, which has opened up for a whole new range of financial services. However, as great as the options are, it’s very […]
What Customers Want from YOU
Your product is top-notch. We know it, you know it, everyone knows it. Gaining a loyal customer base, however, is about more than just a great product. It’s time to face the truth that your business is only as good as your customers think it is. If until now you didn’t take a close look […]
How to Provide the Best Seasonal Offerings
You see them everywhere. Whether it’s coupons, discounts or deals, seasonal offers are a familiar presence in our consumer lives. We don’t just like them, we actively encourage and expect them. The mobile payments industry is no different; even here at SmartTrade App we tend to take advantage of, and offer a lot of seasonal […]
How to ensure you get paid and keep making money in seasonal downtimes
January and August are dead months on many fronts. How do you stay on top of your business, make sure you’re still able to get paid and make everything go around, all at the same time? Here are 5 useful ideas you can apply to keep business coming in, even during seasonal downtimes. 1. Have […]
Accepting Card Payments in 2018
Modern technology is proving more and more efficient in all aspects of our lives. The way we accept and make payments for goods and services is certainly no exception. Hundreds of billions of pounds are being transacted every year, exclusively through credit and debit card purchases in the United Kingdom; and we’re making the pounds […]
Why Credit and Debit Card Payments are Here to Stay
Credit and debit cards aren’t going anywhere There’s been some talk lately that the humble credit and debit card are on the chopping block in favour of new payment methods, such as paying with your mobile phone. But according to the statistics, credit and debit card payments are only continuing to rise, and are the […]
SumUp – What You See Is What You Get
SumUp has merged with Payleven for those who were unaware, and we will give them credit where credit is due. This merge meant a cut in all the different options of card readers and extras, having boiled their options down to one card reader – ‘SumUp Air’. SumUp’s German engineering does not disappoint. They’ve got […]
Writing Down Card Details Will Get You Fined
Security and fraud has been a growing concern in the card payments field. With the ever growing popularity of card payments, there has also been a rise in card fraud and data hacking. Most of this comes down to the storing of card information. A study by the ICO (UK’s Information Commissioner’s Office) found that […]
Debit Transaction Cost Increasing By 6x!
From September 1st, Visa is planning to remove the interchange cap on debit cards. This means for certain businesses they will have to pay up to 6x more per transaction. Visa are removing their fixed rate cap of 50p, to a percentage value rate of 0.2% + 1p. This mean’s for a £5,000 transaction, the […]
50% of UK Consumers Planning on Using Mobile Payments
Back in 2014, a study by Zapp showed that 50% of surveyed consumers either already used mobile payments or were interested in doing so. They also estimated that by 2020, 20 million adults would be using their mobiles to pay for goods and services. That’s a very significant number. But what does it mean for […]
The True Cost of Taking Customers Cards at Shows!
We’ve researched the costs hiring Mobile Point of Sale Card Terminals and the several large card payment providers and in UK and found some shocking information about their pricing and the hidden fees for using their services. We will explore the truth about the pricing when it comes to accepting debit/ credit cards as a […]
