How to start accepting Direct Debit payments
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 mobile wallets can a vendor accept on a contactless card machine?
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 is a contactless payment?
What's the meaning of contactless payment? We look at the definition, technology, options and how they work for all parties.
What are recurring payments? Definition, types and suitable use cases
What are the definition and types of recurring payments? Direct Debit or Credit, standing orders and CPA - what are they used for?
Is it illegal to charge for card payments in the UK?
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.
What are account-to-account payments? How do they work?
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?
How to access funds from card payment sales faster
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 is digital money? Definition and types explained
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?
What is a chargeback? How does it work for merchants and consumers? Learn about the meaning and process of debit and credit card chargebacks.
What is an all-in-one payment solution?
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 to accept Alipay and WeChat Pay in the UK
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 is legal tender in the UK?
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.
Should you accept cheques as a business?
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.
What is NFC? Near-field communication payments explained
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.
Card payments for a small business: what are your options?
What are the card payment solutions available for small businesses? We list and explain in-person, online and remote card payments.
Preauthorisation – what is it and how does it work?
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.
What is softPOS (or tap-on-phone) and how does it work?
How does softPOS work? What is the definition of it? We explain the term, technology and issues around 'tap on phone'.
QR code payments – what is it and how does it work?
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?
What are interchange++ fees? How does the pricing model work?
How does the interchange++ pricing model work? We break down the costs to a simple formula used globally by payment providers.
TransferWise vs. PayPal: what’s the cheapest service for foreign transfers?
Is PayPal or TransferWise best for foreign bank transfers? We compare fees to see which is cheapest and the best value.