Getting accepted on the Direct Debit scheme as a small business is not too complicated with these steps. Here's how to set up and manage it.
Which contactless digital wallets can be tapped on a card terminal in the UK - and which should merchants accept? Find out how they differ.
What's the meaning of contactless payment? We look at the definition, technology, options and how they work for all parties.
What are the definition and types of recurring payments? Direct Debit or Credit, standing orders and CPA - what are they used for?
Are businesses allowed to add a surcharge on card transactions? What does the UK law say? See the rules and exceptions that merchants should follow.
Account-to-account (A2A) payments are a cardless way to transfer money quickly, but what is it? How does it work for payers and merchants?
Card payment settlement can take days. How can a business access funds instantly or the next day? We look at options for payouts and direct access.
What are examples of digital money? What does it even mean? We explain the types and how digital payments work and differ from physical money.
What is a chargeback? How does it work for merchants and consumers? Learn about the meaning and process of debit and credit card chargebacks.
One-stop solutions for all your payment needs are increasingly common, but what does an all-in-one payment platform entail? How does it work?
How can a business accept Alipay and WeChat Pay in the UK? Here's how the mobile wallets work, where to get it and how to set it up as a merchant.
What's the meaning of legal tender? We define the term, list the legal tenders in the UK and explain the rules for businesses and consumers.
Do you have to accept cheques as a business? Is it illegal to refuse them? We look at pros and cons of this traditional payment method.
Learn about the meaning and purpose of NFC. How does it function during a contactless payment? Here are the ins and outs of the technology.
What are the card payment solutions available for small businesses? We list and explain in-person, online and remote card payments.
What is a pre-authorisation on a debit or credit card? Here's how it works, what it's for and how you can get the feature.
How does softPOS work? What is the definition of it? We explain the term, technology and issues around 'tap on phone'.
How do QR codes work for payments? We define and explain QR code payments and discuss how merchants can accept it. Can it compete today?
How does the interchange++ pricing model work? We break down the costs to a simple formula used globally by payment providers.
Is PayPal or TransferWise best for foreign bank transfers? We compare fees to see which is cheapest and the best value.