If you run a small business that isn’t yet equipped to take card payments, choosing a contract-free card machine could be the best decision for your business. If demand for card payments in your business is untested, pay-as-you-go options can save you money while you work out the best long-term options for your business. Let’s…
It is crucial for small businesses to keep an eye on their security and this includes their card payments. When you’re accepting card payments, you need to be sure that the transaction is secure. But it can get confusing sometimes to understand all the different aspects of card payment security. That’s why we’ve put together…
The spending limit on each use of a contactless card has now risen from £45 to £100 – but not every shop will accept the new payment threshold. As with previous increases to the spending limit, some consumers have welcomed the news while others have expressed concern about the potential for fraud. But with contactless…
Many people assume that as long as they have a card reader terminal and an internet connection, they can process card payments from customers and have them sent straight to their business bank account. But, unfortunately, things aren’t quite this simple. If you want to process card payments for your business, you will need a…
The Payment Card Industry Security Standards Council sets the security standards that any merchant accepting credit or debit card payments needs to adhere to. Bank cards are linked to accounts that can contain the entirety of the holder’s wealth, making robust security essential for consumer trust. The PCI SSC standards ensure that consumers can trust…
What is a merchant account? A merchant account is provided by an acquiring Bank which allows money taken through your card machine to be transferred straight into your business bank account. At MultiPay, we transfer the funds received from your customer to your business bank account next day, which is faster than the average 3…
Author: By David Maisey, CEO at MultiPay Global Solutions It has been an unprecedented 12 months for the hospitality sector. Except for the ‘Eat Out to Help Out’ scheme, there have been few glimmers of hope for the embattled industry. In fact, the sector has experienced over eight months of closure, costing more than 600,000…
