To accept credit and debit cards in person, online and over the phone, businesses use a merchant account - but what is it exactly? A merchant account is where transaction money "rests" until it reaches your business bank account. It acts as the intermediary between all the different parts [...]
Verifone and Ingenico dominate the payments sector globally, but how are they adjusting to market changes? We look at the numbers.
Not all merchants are approved by Square, iZettle, SumUp or PayPal. What are the restricted businesses, and why is it harder to get approval for them?
We explain the card processing cycle and list the acquirers, ISOs and aggregators that face-to-face businesses in the UK can pick from.
It's not just American tourists who use American Express - British consumers can too. Yet many UK businesses still do not accept it, so you might wonder: should you accept American Express in your business? Why not everyone accepts American Express It's not every business that [...]
Card interchange is a complicated and sometimes vexatious topic. Everyone seems to have their own agenda when talking or writing about it. Which is why so much on the topic is confusing, misleading, ambiguous or just plain wrong. We set out the facts so you can make up your [...]
For years now, banks, credit card companies and other payment services have been promoting card terminals for accepting credit and debit card payments. Though less and less in number, there are still some British businesses who only accept cash. In this article, we explore the main reasons why some small businesses [...]
Despite the fluctuating Bitcoin value, crypto-currency has proven increasingly popular among retailers. Although we cannot talk about Bitcoin reaching critical mass in terms of adoption yet, more and more retailers and small businesses can see the potential in increasing sales by offering more payment choices to their customers. Among these [...]