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Wednesday, 11 September 2024
Is it time to update your payment system? Signs your POS system is out of date
One of the most important elements of running a successful business is the ability to process payments quickly and efficiently. Needless to say, when your card machines are down or acting slow, not only could this mean that your customers have to wait, but it could end up costing you potential sales. Thankfully, it's usually a quick fix by updating the software or upgrading to a newer point-of-sale (POS) model – but when is the best time to make these changes to your system?
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.
Monday, 11 March 2024
Which is the best card payment machine for my business?
Gone are the days when you had to be glued to your till to take card payments. The landscape’s constantly evolving, and with that comes more and more choice. So, if you’re a merchant looking to upgrade your existing terminal for something faster and more efficient, knowing which is the right fit can be overwhelming.
Friday, 22 December 2023
What is an acquirer? A guide to merchant acquirers for small businesses
Did you know that over 65 million debit card transactions are made each day in the UK? Whether it’s a quick contactless tap on public transport or an online purchase from an e-commerce retailer, an acquirer plays a role in every single one of those transactions. But what is an acquirer and how are they involved in card payments?
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.
Thursday, 09 November 2023
What are biometric payments — and do they really make transactions more secure?
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
How to take card payments in a hairdressers
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
How to take card payments in a taxi
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
How do card readers work and what benefits do they have for business owners?
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%).
