Category: Payments
Protecting your cash flow is essential to protect your business from risks in uncertain times. Recession fears have been looming over Europe in recent times, and though latest forecasts state that the EU is set to avoid recession, economic instability still persists. In this article, we discuss a few strategies to improve cash flow, reduce risk, and keep your business resilient during a recession.
A payment service provider is essential for modern businesses. Not only do they help you process your payments, you also gain from deep insights and tech solutions that help you become more customer-centric. So, how do you choose the best one for your business? In this article, we look at 5 questions to help you choose your ideal PSP.
Subscriptions are great for businesses that sell products or services to customers on a regular basis. It is a fast and trusted way to create a consistent income while maintaining a loyal customer base. This article looks at some of the best payment methods that a business can offer for subscription services.
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.
Safer payments are essential to your business. Payment gateway comes with efficient risk management solutions that can prevent fraud, and keep your customers and business safe. Hence, you must use the right tools and payment gateway to secure your payments from fraud and illegal activity. This blog tells you how.
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.
Businesses are getting savvier with fraud prevention and the arrival of PSD2, open banking, and technology has greatly secured online payments. Yet, payment fraud like fraudulent invoicing continues to be a matter of concern still. Invoice scams hurt your cash flow as well as your relationship with suppliers. Know more about how to prevent B2B invoice fraud.
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.