Thursday, 09 November 2023
In recent years, we've witnessed an incredible evolution in the world of payment methods. Card payments have become increasingly seamless, from the widespread adoption of contactless payments to the convenience of using smart wearable devices for transactions. But what lies ahead in the realm of payment technology? Today, we're delving into biometric payments, a cutting-edge approach that could redefine how we make card payments.
Thursday, 31 August 2023
Card payments are on the up and cash payments are slowing down. In fact, it’s predicted that by 2028, cash will make up as little as 9% of all payments - compared to the 60% it accounted for 20 years ago. So, what does that mean for your hairdressing business? It means you’ve got to move with the times if you want to keep your customers in your chair over your competitors.
Thursday, 10 August 2023
Let's be honest: turning down a fare is every taxi driver's worst nightmare. So when 1 in 3 people today admit to never carrying cash, why are so many cabs sticking rigidly to a cash-only policy? As more merchants embrace card technology and taxi-app services grow ever-popular, the industry is starting to look a bit different for cash-only cabs. So, how do you stay competitive in today’s digital-focused world if you run a taxi business?
Tuesday, 18 July 2023
In today's landscape, which values convenience, accepting card payments has become a necessity for businesses. In fact, the shift towards card payments has been huge, with UK Finance's Payment Markets Report for 2021 revealing that debit and credit card transactions accounted for 48% of all payments in the UK, surpassing cash payments by a significant margin (15%).
Monday, 17 July 2023
These days, the world really is your oyster when it comes to paying for anything and everything. In a rush? Tap your contactless card and go. Forgot your card? Pay with your digital wallet! But, with so many choices, your head might be getting in a spin when it comes to understanding all of the latest technologies and options.
Monday, 10 July 2023
Contactless payments are well and truly on the up. It’s no surprise – they’re literally a one-tap wonder! We’ve even got the stats to back it up. Our data shows that contactless transactions increased by 25% from 2021/22 vs 2022/23*. We also uncovered that 9 out of 10 transactions on our card machines and point of sale (POS) systems were contactless payments.
Tuesday, 06 June 2023
We’re all familiar with the old-school tills of yesteryear: that memorable ‘ding’ when the cash register opened, the shop assistant manually inputting the price of each item sold, and some of you might even remember a time when tills were cash only. Flash forward to the present day and such a system can seem pretty prehistoric thanks to the introduction of point-of-sale (POS) till systems. And now, electronic point of sale (EPOS) systems have revolutionised payments further, making them quicker, simpler, and safer than ever before.
Tuesday, 06 June 2023
If you want to take card payments in your business, you’ll need a PDQ machine. But what exactly is a PDQ machine?
Thursday, 25 May 2023
Whether you’re running a business online or have a physical brick-and-mortar store, there’s no doubt that the Chip and PIN system keeps your business and your customers safe when making transactions. In the past, businesses had to process payments with bulky machines, which alienated small businesses and pop-up retailers from accepting card payments. Now, you’d struggle to find a company that doesn’t use a Chip and PIN device to process their card payments.