takepayments blog.

Football field and stadium

Wednesday, 08 May 2024

Cheers to Euro 2024: estimating how much the UK will spend on beer

With the Euro 2020 finals attracting a staggering 31 million TV viewers in the UK, you can be sure that this year’s event will be a huge opportunity for hospitality businesses across the country to flourish. To help you score big, we’ve put the work in to estimate just how many pints are predicted to be drunk and how much the UK public may spend throughout the four-week tournament. Our data delves into UK spending to provide insights that can help you maximise your profits to make Euro 2024 a winning occasion for your patrons and business.

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Credit And Debit Cards

Thursday, 25 April 2024

What is card payment security: 8 ways to protect your customers

UK Finance’s Half Year Fraud Update for 2023 revealed that £258.9 million had been lost to card fraud in the first half of 2023. And it’s not just shoppers who are being duped out of their hard-earned cash. Juniper Research predicted that eCommerce businesses lost up to $48 billion due to online payment fraud in 2023.

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Monday, 15 April 2024

What are business rates? The latest updates in 2024

While running your own business is one of the most rewarding ways to make a living and can give you the freedom to be your own boss, part and parcel of the deal is the accompanying homework you’ll be responsible for. From understanding pension schemes to working out taxes and setting up payroll, there’s a lot involved behind the scenes that fuels the successful and above-board running of a business.

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Thursday, 21 December 2023

9 bank cards explained: What are credit, debit, virtual cards and more

Bank cards are a staple in wallets all over the world. From a restaurant owner eyeing a speedy transaction solution to an online startup seeking a secure payment method, the choices are vast and varied. Lost your card? No worries, a virtual card has got your back. Managing business expenses? A corporate card might just be your new best friend. However, with such a wide range of choices, knowing the differences and understanding which option best suits your needs can be challenging.

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Credit And Debit Cards

Friday, 15 December 2023

What is a Bacs payment? An easy-to-understand guide for businesses

Transferring money between banks has never been easier in recent years thanks to digital payment methods, meaning you can send money to anyone, anywhere in the world, with the click of a button. But when a business sends money, the stakes are a little bit higher, especially when you’re sending large sums of money.

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Monday, 27 November 2023

What is a CHAPS payment? A simple guide for businesses

In the fast-paced world of business, your company needs to be able to make quick, efficient and high-value payments as swiftly as possible. This is where the CHAPS transfer method steps in, offering a robust solution for those critical, larger-sum transactions.  But what exactly is a CHAPS transfer, and is this payment option something that all businesses should consider using? We’ll deep dive into everything you need to know about CHAPS payments.

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