In our tech-driven world, it is becoming increasingly clear that an ever-growing number of consumers are opting for using less cash while making purchases using their cards. This means merchants need to be prepared to offer this type of payment method using card reader technology. However, because there are Chip&PIN, magnetic stripe, contactless payments, and…
There are many names to describe card readers these days. Some call them POS terminals, card machines, payment terminals, card terminals and more. Ultimately, however, we’re talking about the technology that helps a merchant accept card payments like debit and credit cards, prepaid, and gift cards in the payments acceptance process. With the rise of…
Credit and debit cards usually look almost identical. They have a 16-digit number, an expiration date, contain the cardholder’s name, and also feature a chip and a magstripe. Also, they’re protected by a Personal Identification Number (PIN) code. Both types of cards can make it easy and convenient to make purchases at a physical or…
Business tycoon Richard Branson once said, “Success comes from listening to your customer,” while Kate Zabriskie mentioned, “The customer’s perception is your reality”. In this day and age, listening to your customers is a number one priority; this is what we advise our merchants and this advice we followed ourselves. Earlier this spring, we decided…
Integrated in many digital devices, Near-Field Communication (NFC) is a technology that is becoming increasingly popular. It has become a standard in communications. However, this convenient acquisition remains a mystery to many people and its full potential is yet to be explored. So, what is NFC, and how does this technology work? What are NFC…
It might surprise you but small businesses can make up the bulk of an economy. However, these usually one-man local companies need your support now more than ever. Whether because of the Covid-19 pandemic or other circumstances, it’s critical to help them stay afloat and weather the tough times. So, how can you help? Here…
You’ve probably filled your wallet with many interesting things. There might be photos of loved ones, some banknotes, and coins, and, of course, there are your debit and credit cards. Although small and thin, these little pieces of plastic contain a significant amount of information that you might not be aware of. There’s not only…
Numbers play an important role in how we interpret information and make decisions. So, let’s take a look at some key figures. The European Central Bank indicates that “the total number of non-cash payments in the euro area increased by 8.1% to 98.0 billion in 2019 compared to the previous year, with a total value…
Do you ever stop to think about all the cards that are in your wallet? There are quite a few, aren’t there? You might have ATM cards, prepaid cards, credit cards, and, of course, there are debit cards. But what is a debit card? Apart from being a small, thin piece of plastic for making…
After a certain amount of time, your credit card will expire and you need to figure out the safest possible way to dispose of it. Whether you’d like to close your account and subsequently get rid of your old card, or you’re about to get a new one, knowing what you can do with old…
Field professionals or professional service providers who work on the go and not at a fixed location will significantly benefit from an mPOS system to accept payments. Using their mobile phones, these small businesses can now accept credit and debit cards for payment with a mere internet connection as they process transactions that are sent…
Thursday, 22 April 2021 is not just an ordinary Thursday. It’s a day when millions of people around the world will come together under one theme – our Earth and keeping it sustainable for future generations. If you plan on switching off your lights for an hour in commemoration of Earth Day this year, why…
Looking at some statistics to put things in perspective, according to the Federation of Small Businesses, there were nearly 6 million small businesses at the start of 2020 in the UK. Put differently, SMEs account for 99.9% of the business population. This means that small and medium-sized merchants make up a big part of the…
Although it started out in the US due to the high numbers of people struggling financially, Financial Literacy Month could be used and applied almost anywhere in the world where people need help and guidance with their finances. Finances are a sensitive topic but if you’re armed with the right information, you can make more…
On 23 June 2016, the UK voted to leave the European Union (EU) by a majority of 51.9% to 48.1%. Following many discussions and negotiations, the UK decided on 31 December 2020 as the date that would mark the end of the “transition period”. What this resulted in was uncertainty, especially in the field of…
