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Taking payments as a small business

How you take payments is crucial for any small business. And the Covid-19 pandemic has accelerated the shift away from cash to contactless. According to UK Finance, the total value of contactless transactions in 2021 hit £165.9bn, more than double the amount recorded in 2019 pre pandemic.

However, whereas before taking card payments was just a matter of renting a card reader, today’s payment systems are truly sophisitacted, connecting your till, your inventory and even direct to your bank account – which means you can even borrow money against your cashless payments. Today’s payment systems are seamlessly connected.

But where do you start when it comes to contactless payments? What’s the best electronic payment system to use? How do they compare?

On this page, you can discover 11 of the best payment processors, which card payment machines are idea for your small business, optimising cash flow with cashless payments, the best payment systems for outdoor festivals, pop-ups and street food markets, and even which is the best payment system for accepting US dollars.
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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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Taking payments as a small business

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If you’re a new business, you have a bad credit rating, or your industry is considered risky, you may need a high risk merchant account in order to take card payments.

Taking payments as a small business

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The phrase ‘cash is king’ has never been truer, but how can small businesses like yours ensure a healthy inflow of money to cover costs and make profits?

Taking payments as a small business

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This summer, three quarters of payments to Square’s small business customers did not involve cash. It’s a growing trend that’s not going away

Taking payments as a small business

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How should small business owners who rely on coin-operated vending machines respond as we move to cashless payments? Upgrading to tap-and-go is easier than you think

Taking payments as a small business

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New EU SCA legislation that risked knocking €150 billion off the EU internet economy on its proposed introduction in September has been given a 'phasing in' extension of 18 months.

Taking payments as a small business

40% of the UK’s micro businesses do not accept card payments

This is despite digital payments being the preferred way to pay for 47pc of shoppers

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