Payments

The retail industry has dramatically changed and continues to do so at a rapid pace.

Credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless.

According to the UK Card Association, the number of card purchases rose to a record 1.4 billion transactions in April 2017. This increase is down to the migration of cash payments to cards, as well as the increased use and acceptance of contactless. In April 2017 the number of contactless payments accounted for 30% of total purchases, up from…

With 2018 firmly behind us, the early months of the new year are a time for contemplation and evaluation of the last 365 days; both the good and the bad, the opportunities and the challenges.

SMB owners say late-payments are a bigger concern than Brexit.

Historically, merchants worked with a limited number of point of sale (POS) systems, such as cash registers and credit card readers, which limited the size of the attack surface. The explosive growth in the types of POS systems and related applications is creating more endpoints on-premises and in the cloud, resulting in a much larger attack…

Research from Business Expert have uncovered the top 35 worst offending businesses for late payments including household names like E.ON and Thomas Cook. Companies with a £36 million annual turnover have an obligation to report to the Government about their payment practices. Invoicing specialists Business Expert have uncovered that only 316…

While the phrase 'time is money' may seem clichéd, it is becoming increasingly relevant as technology-savvy but busy consumers turn to the Internet to make shopping faster and easier. This week Total Business hears from Ronnie D’Arienzo, Chief Sales Officer at PPRO Group, about the vital importance of alternative payment methods in today’s shopping…

The UK is gripped by a late payment crisis, with the Federation of Small Businesses (FSB) estimating that the UK economy is losing £2.5bn annually to late payers. Working hard to provide a first-rate service and top-quality product only to be left waiting months for payment can be devastating. The FSB estimates that 50,000 businesses are forced…