Understanding the card payment surcharge ban
By Staff writer
A wide-reaching overnight shift in the law occurs from Saturday 13 January 2018 as businesses will be banned from the common practice of adding surcharges to card payments.
By Staff writer
A wide-reaching overnight shift in the law occurs from Saturday 13 January 2018 as businesses will be banned from the common practice of adding surcharges to card payments.
By Staff writer
September marked the ten-year anniversary of the introduction of contactless payment cards in the UK. Since 2007, we have seen a dramatic change in the way that consumers are choosing to pay for their goods and services.
The cashless economy is showing no signs of slowing in the UK, but where does the nation sit on a global scale Find out in this infographic.
SMEs are being warned that one in every two customers might walk away from a transaction if cashless payments methods were not made available.
A payments strategy is really important to ensuring the continued growth of your company. Card payments are the future – find out how you can get on board.
As we continue our search for the nation’s digital champions, we’ve discovered The Counter – a savvy small coffee chain that’s tripled the size of its business in just 15 months through innovative thinking that includes setting up in police boxes.
Small UK retailers are running the risk of Christmas sales crumbling this festive season by ignoring card payment trends, says EE, which has listed the 11 cities across the country where consumers have the highest dependency on cards – and London isn’t the leader.
The trend of contactless payments is set to spike significantly as the limit per transaction increased to £30 on 1 September, which follows British consumers spending £2.5bn with the method in the first half of 2015.
A majority 75 per cent of British retail spending was done through cards in 2014, as consumers spent a record-breaking £600.3bn with their debit, credit and charge cards.
Self-employment figures in 2014 have been higher than at any point over the past 40 years. Such is the significance of this growth that the think tank IPPR2 has even dubbed the UK the ‘self-employment capital’ of Western Europe.