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
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;
Application Point of Sale (aPOS) is defined as a software or application which performs the same functions as that of a physical cash register or traditional Point of Sale (POS). aPOS differs from Mobile Points of Sale (mPOS) in that it does not require any additional hardware such as a
Do you want to take card payments at a rate of 1.49% for as long as your business is trading? Now you can! Our brand new referral program makes it super simple for you to invite others who may benefit from SmartTrade App. You will be rewarded 30 days with
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
Card payment apps mean you get paid faster If you’re looking to get paid on time, it could be time to look at a card payment app. Small to medium businesses, especially traditional ones like the trades, rely on getting paid on time. But one of the biggest problems that
These days, when you need to pay for something, you’re most likely going to open your wallet, pull out a card and slap it on or in the mobile card reader in front of you. This process has become second-nature to most of us. But when it comes to many
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
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
Bank transfers are great. Right? You don’t need to pay any fees and you get your money instantly. Well…depending on how long it takes for your customer to pay your invoice. A study by The UK Cards Association stated that “Cards are the most popular payment method in the UK by value.
So you’ve decided to start a small business. Fantastic! You have a great idea, maybe even a great name already picked out. But what comes next? What are the things you need to do to get off the ground? The process can vary greatly depending on the type of business, but
Almost everyone carries their mobile with them wherever they go. But what if you’re working on a site where your device might be damaged? Or get wet? You might not want to carry it with you all the time, but you’ll still want to make calls and get emails. What