Contactless limit increase from mid October 2021
The contactless limit will more than double, seeing it rise from the current £45 to £100 on Friday 15th October 2021. Card machines in the UK must be capable of accepting contactless card transactions up to the new limit, with terminal providers making the updates...
Food & drink wholesale fraud on the increase, with restaurants also being caught out with the rise in pay and collect.
The last 12 – 18 months have seen a massive shift for many restaurants and the hospitality sector in general, such as adding delivery and pay & collect services to remain viable and support their local communities. With the increase in phone payments or indeed any...
Kickstart Recovery
The past 12 months have seen the UK employment markets change dramatically with unemployment the highest it’s been in recent times and this may change further when the government support for furloughed staff is planned to be withdrawn later this year. We’ve all seen...
IMPORTANT INFORMATION – ONLINE CARD PAYMENTS
Get ready for Strong Customer Authentication. In October 2015 the European Parliament passed legislation known as Payment Services Directive 2 PSD2. PSD2 has meant several changes for the payments industry, but one key specific area is known as Strong Customer...
Avoiding the pitfalls of “Headline rates”
Transparency is one of the most important factors when arranging your Merchant Services but sadly this isn’t the case with many third party sales companies, who sell merchant services by using a headline rate to encourage a customer to switch provider or attract...
What is the impact of Brexit on businesses accepting card payments?
To understand the impact of changes such as Brexit, it is best to understand the mindset of how Merchant Services Providers (MSPs) view their risk position, which by default will always be the worst-case scenario. When MSPs assess applications or review existing...
3 ways to buy merchants services
In recent years we have seen a dramatic rise in consumers and businesses paying for goods and services by card, and even more so in the last 12 months. As a result, the decision a business takes in choosing the best route for arranging its card payment solution is...
4th successive year of FSQS Accreditation
Since 2017 we have been FSQS accredited, this continued recognition really does elevate our standing in the world of card payment solutions. Being FSQS certified is one of the reasons why we are trusted partners to leading global financial organisations. It’s because...
