Payment Solutions

What are a Google Pay account and a Google Pay wallet?

What are a Google Pay account and a Google Pay wallet?

In the world of contactless payments, Google dominates the scenes with its solutions for users with a Google account. With a Google Pay account and the Google Pay wallet, shoppers can enjoy a tailored experience when making payments online and in-store. But are these secure services the same, and if not – how do they…

What is Google Pay, and how does it work?

What is Google Pay, and how does it work?

In the realm of digital payments, there are so many different options and solutions to explore. However, among many, Google Pay is one of the preferred choices for consumers and businesses. In the following sections, we take a deep dive into this topic and explore: What is Google Pay? How does Google Pay work? Which…

What does iOS SDK mean?

What does iOS SDK mean?

When working with payment applications on iOS devices, one term arises as a fundamental component to understand – iOS SDK. In the following sections, we explain in detail what an iOS SDK means, how it works, and how to create one in iOS Swift. We also explore when an iOS SDK is needed. TABLE OF…

Does Apple Pay have a limit when accepting payments?

Does apple pay have a limit

Apple Pay has become one of the most preferred payment systems for contactless payments in today’s digital world.  First introduced in 2014, the digital wallet transforms how users store, use, and manage contactless payments via iOS devices, such as iPhones, Apple Watches, iPads, and MacBooks.  Apple Pay offers both businesses and consumers convenience, security, speed,…

What is dropshipping?

What is dropshipping?

If the opportunities of the eCommerce business world excite you, but you’d rather focus exclusively on the sales process, starting your own dropshipping business may be the right path for you. Dropshipping businesses worldwide are expected to create a market worth £159 billion in 2024 and reach around £1,000 billion by 2030. Research also reveals…

What is the Role of eCommerce Accounting?

What is the Role of eCommerce Accounting?

If you’re planning to become an eCommerce business owner, there are plenty of things to consider and plan for. You’ll need to create an attractive and well-optimised eCommerce store, explore different platforms, advertise your brand, and more. You’ll also need to factor in an essential part of running an eCommerce business effectively – eCommerce accounting. …

B2B Ecommerce – Everything You Should Know

B2B Ecommerce – Everything You Should Know

Today’s digital evolution has opened new business opportunities to sell online, grow online stores, and generate unimaginable profits. However, selling to individual customers is not the only option business owners can consider. B2B eCommerce concentrates on running an online store created for business buyers.  In the UK, the B2B eCommerce space has gradually grown in…

What is a payment token generator?

What is a payment token generator?

In order to offer an exceptional customer experience and boost customer loyalty, merchants must safeguard their customers’ sensitive cardholder information. This information includes their credit or debit card details or details related to digital wallets such as Apple Pay or Android Pay. For this reason, their payment processing must be absolutely secure and comply with…

How to find the best merchant account for small businesses?

How to find the best merchant account for small businesses?

As a business owner, it is essential to manage your finances effectively, optimise daily operations, and facilitate in-store and online payments. However, to achieve these goals, you need a dedicated merchant account.  As cash payments decline, both businesses and customers seek convenient payment solutions, which leads to an increased interest in digital financial management. As…

What is Pay by Link: Meaning, key steps and benefits

What is Pay by Link

In recent years, as customers seek safer, faster and more convenient payment methods, alternative cashless options have been on the rise. With the increasing number of people who shop online, businesses recognise the need to streamline their payment processing and boost their sales. In addition, many are turning to online payments to easily reach more…

What are pending transactions?

What are pending transactions

If you stay on track with your online banking and regularly check your recent bank and credit card accounts, you probably also keep an eye on your balance or available funds, recent transactions, and upcoming credit or debit card payments.   In some cases, you might notice a purchase or payment marked as pending in your…

What Is VAT Calculation, And How To Do It?

What is VAT calculation

If you have a VAT-registered business in the UK, you must comply with the rules and regulations for adding VAT to your sales prices.   In this regard, we offer an in-depth guide on VAT to help you stay on the right side of the law. In the following sections, we explain what VAT is, what…

What is the difference between invoice and receipt?

What is the difference between invoice and receipt?

As a business owner, it’s essential to be up-to-date with the entire sales process. That will help you run your business in compliance with all legal requirements, manage finances precisely, and track the revenues your business is owed or has received.  One crucial thing to do is manage and monitor your sales invoices and payment…