by Jason Costello | Aug 16, 2021 | blog
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...
by Jason Costello | Jul 15, 2021 | blog
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...
by Jason Costello | Jun 3, 2021 | blog
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it’s been in recent times and this may change further when the government support for furloughed staff is planned to be withdrawn later this year.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...
by Jason Costello | Apr 28, 2021 | blog
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...
by Jason Costello | Mar 18, 2021 | blog
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...
by Jason Costello | Mar 2, 2021 | blog
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...