Author: Jose Augustine
Why a customer-centric approach is essential in 2023 The scorching growth of e-commerce throughout Europe, and the subsequent boom in digital payments, have made the world of online retail highly competitive. Whether you are a merchant selling directly to customers, or to larger business customers, you need to cut through the clutter and create an […]
E-commerce is growing rapidly throughout Europe. The UK continues to be the largest e-commerce market in Europe. The growth of alternative payments across Europe has been huge. But how do they help your business and why do you need them? Learn more in this blog.
Payment automation can solve multiple issues related to your payments. Payment automation helps you track your payments in real-time and get access to detailed data, including payment history and invoice status, in a more organized way. Learn how it improves and enhances your cross-payments and puts you on the fast track for growth.
Various factors have an impact on payment processing. But many of the challenges related to e-commerce payments can be dealt with quite easily. It only needs the right understanding and approach. This article looks at five pain points of payments that e-commerce merchants face. Knowing how to address these will help you gain more value from your entire payment operations.
Cash Flow is a vital metric for a business to measure its financial health. Apart from profit, a positive cash flow is essential for a business to sustain and grow itself. Managing cash flow efficiently is key to a business’s success. Payment automation helps you manage cash flow with real-time insights and higher accuracy, while reducing risk and costs. Learn more in this blog.
Embedded finance is the integration of financial services and tools with the products and services of a business or any non-financial organization. Embedded finance reduces the barriers to payments and offers a great UX. But how does this work for B2B payments? Learn more in this blog.
Hey there, online merchants! If you’re running an online business, you know that the name of the game is creating a seamless customer experience. And when it comes to payments, you need a reliable payment gateway provider that’s got your back. That’s why we’re here to talk about the ways in which these gateways can help you create an exceptional customer experience. So, buckle up and let’s dive into it!
The Bacs payment system in the UK is one of the best methods to make large payments. It is mainly used to pay salaries, benefits and dividends, or make supplier payments directly to their bank accounts. In 2020, Bacs processed 6.5 billion payments, at a value of £4.9 trillion. In 2021, Bacs processed over 4.6 billion Direct Debit payments. Read more about Bacs and how to use it in your business.
Real-time payments are changing the game for business payments in Europe. Countries round the world are investing in real-time payments infrastructure so that more people and businesses can benefit from them. The speed and convenience of real-time payments have been the primary drivers behind their rapid growth. Read more about how they work and how you can use them.
Payment automation can radically transform your business payments, helping you to settle your bills on time. This leads to improved relationships with your suppliers, reduced fraud risks, and cost savings. Yet, a lot of businesses are stuck with manual processes, which are not only tedious and less effective, but costly as well. Automating your accounts payable process can yield tremendous benefits for your business. Learn more in this blog.
An international wire transfer is a method to transfer funds electronically from a bank account in one country to another bank account in a different country. It is also known as international bank transfer or credit transfer. A bank wire transfer is one of the safest ways to send cross-border payments. This blog tells you how international wire transfers work and how to use them in your business.
Being successful in a competitive market is difficult due to lack of clarity, long admin processes, and high costs of traditional banking. Fortunately, with the advent of PSD2 and open banking, much of this has changed. They brought about convenient and personalized digital banking. Here’s how open banking APIs open up new channels of revenue growth for your business.