takepayments blog.

If​ ​you’re​ ​considering​ ​offering​ ​card​ ​payment​ ​facilities​ ​to​ ​your​ ​customers​ ​then​ ​make​ ​sure​ ​you think​ ​about​ ​the​ ​following. Make​ ​sure​ ​that​ ​you​ ​fully​ ​understand​ ​all​ ​the​ ​ongoing​ ​fees​ ​that​ ​you’ll​ ​encounter.​ ​Some​ ​card payments​ ​providers​ ​charge​ ​set​ ​up,​ ​administration​ ​and​ ​exit​ ​fees.​ ​But​ ​some​ ​also​ ​charge​ ​for additional​ ​services.​ ​Make​ ​sure​ ​you​ ​ask​ ​the​ ​right​ ​questions​ ​to​ ​find​ ​out​ ​what​ ​hidden​ ​charges there​ ​might​ ​be​ ​-​ ​Our​ ​Card​ ​Payments​ ​Checklist​ ​is​ ​a​ ​useful​ ​tool​ ​to​ ​help​ ​you.

Let’s get straight to the point: borrowing money from close family or friends should not be your first port of call if you are looking for funding. Mixing business with your personal life can be a potentially lethal recipe for fall outs - particularly if you encounter problems with paying back the loan. However, this might be an unavoidable scenario and you may have no choice but to ask your nearest and dearest for a quick injection of capital. But, you need to treat this with an extra level of care. Particularly, as these are the people who know you best. This means they will know your weaknesses as well as your strengths. This level of intimacy is something you need to get over. This person might be someone you have shared history with, but this arrangement should be strictly business. That means you need to…

More and more people are using their debit or credit card to make payments. In fact, card payments are now the norm in the UK. In 2017 we saw some really big changes happening: That’s why it’s key for independent businesses like yours to strongly consider card payment processing solutions.

It’s a really simple mobile payment method that lets you pay for things quickly, without needing to use a physical credit or debit card. Instead, you can pay using an Apple device, like an iPhone, iPad or an Apple Watch. The Apple Wallet is an app that lets you store your debit and credit cards securely for easy access. So long as you add your card details to your Apple Wallet on your device, you’ll be able to make a payment with it.

We don’t need to tell you the COVID-19 pandemic of 2020 has had a dramatic impact on every area of life as we knew it, including how us Brits are making payments. It’s been a tricky time for businesses, who’ve had no option but to rapidly adapt to keep up with government guidelines and changes in consumer habits.