Running a Business

What is CVV – Card Verification Value Explained

A vector image of a CVV on a card

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…

Debit Card: What Is It and How Does It Work?

What is a debit card image

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…

Card reader – How payment terminals boost your business

An image of a card reader payment method

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…

What does Brexit mean for SEPA transfers?

Is UK still SEPA

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…

How to use a POS device to take payments

Take payments with a POS device

If you’ve just purchased your new POS device and you’ve signed up for your merchant account, you might be wondering how you can use the card machine to accept payments. While each device comes in a box with instructions, we’ve prepared an easy-to-use article to help you with your daily payments acceptance. In this blog…

What is the accountant cost for a small business in the UK?

Whether you’re about to start your new business or you’ve already got your own business up and running, one of the expenses that you’ll need to cater for is the cost of an accountant. Accountants are your personal link to Her Majesty’s Revenue & Customs (HMRC) and other tax-related institutions, which perform a vital role…

How to get paid as a freelancer in 2021

Paid as freelancer

Changing careers is on the minds of a lot of people in 2021. After over a year of adverse effects due to COVID-19, over 1 in 4 women are considering changing their career, according to a MetLife survey.  By working at home, many people have separated their work from the place where they do it….

15 businesses ideas with a low investment

Does the entrepreneurial streak run in you? Are you ready to start your own business, but are unsure of which road to pursue? In this blog post, we highlight 15 of the most profitable and successful small businesses. And the best part is that these businesses can be started with a low investment. We hope…