Cash is no longer king in consumer life. Cards offer users more flexibility, but are they empowering” Whatever method is used, businesses must remember that it’s the payment that matters most.
Philip Hammond has announced in his first Spring Statement that Britain’s next business rates revaluation will take place one year earlier than planned, in 2021.
September marked the ten-year anniversary of the introduction of contactless payment cards in the UK. Since 2007, we have seen a dramatic change in the way that consumers are choosing to pay for their goods and services.
The cashless economy is showing no signs of slowing in the UK, but where does the nation sit on a global scale Find out in this infographic.
Uber is proof that not only can the cashless economy aid a business, it shows how popular this invisible payment concept can be, and that adapting to your customers” needs ultimately prevails.
SMEs are being warned that one in every two customers might walk away from a transaction if cashless payments methods were not made available.
Some ten years ago, Caffeine opened its doors to stimulate growth for its clients. In that decade, we have worked with impatient leaders from companies of all sizes and sectors, done interviews for several books we have published and, of course, run a business which has in its own humble way grown steadily since we started.
Once you’ve handed over the cash to an employee, you’ve got no way of controlling what they do with it.
In the payments world, cash is very much in the shadow of electronic transactions when it comes to money management. It currently stands behind newer, shinier electronic payment methods, which hog the limelight and the headlines.
How much do you know about payment services” Small businesses need to get on board to survive the new cashless trend.
Recent headlines regarding the introduction of a new £5 note in the UK could have you fooled into thinking that the Bank of England was leading a revolution in secure payments.
In September, we ve had a new £5 launch, IPOs and investment funds opening, and claims British entrepreneurs are too fat and lazy to export. With all of that to digest, American Express” Alan Gillies offered his thoughts on the condition of the UK business market for our new series.