Whilst this payment method is by no means new, having been widely used in the hospitality industry, its use across other industries is becoming more popular. The reason for this comes with the increasing effort to improve the customer experience by reducing any friction at the checkout. Let’s take a look at the benefits of […]
Category: Payments
Five ways to get your business paid on time
Everyone wants to be paid on time, no matter what kind of business you’re in, or even personally from friends and family. But, in reality, it doesn’t always happen and problems with getting paid can often arise. As a business, it is crucial to your success to receive timely payments from your customers or clients. […]
How to accept crypto payments as a business
Cryptocurrency has taken the fintech world by storm, changing the way we do payments. So, the big question is do you accept crypto payments on your website? We’ll be taking a look at why you should accept this form of payment and how, so that you can start earning with crypto. What is cryptocurrency? To […]
Interchange fees explained
Total Processing partner with IFX Payments
Who is IFX Payments: Founded in 2005, IFX Payments is a leading global foreign exchange, payment and financial technology provider. IFX Payments offer a variety of solutions, including mass international payments, foreign exchange and virtual IBAN accounts. They are also an official sponsor of Brentford FC. Benefits of using IFX Payments: Multi-currency Accept up to […]
Last Minute Checklist for BFCM 2022
Black Friday and Cyber Monday (BFCM) are just around the corner! Don’t fret, as even with the current economic crisis we’re facing, November is still expected to be the most profitable time of year. Customers are predicted to spend over £8.7 billion this Black Friday weekend. As you may have seen, some brands have already […]
How to build the best checkout experience for conversions
How often do you browse an online store and add a few items to your shopping cart, only to leave before you’ve made the purchase? We’ve all done it. In fact, a study from Baymard found that around 70% of online shoppers abandon their shopping carts! But why? Although there will be plenty of consumers […]
What is mobile commerce?
How often do your customers checkout on mobile? Or do online banking via their phone? These are both examples of mobile commerce and, as you can imagine, are becoming more and more widely used. So, if you haven’t already, you need to get your business optimised for mobile. M-commerce vs. E-commerce To put it simply, mobile […]
Six e-Commerce trends for Christmas preparation
The Christmas rush is looming. Black Friday is just around the corner. Are you ready for it? Now is the perfect time to sprinkle a bit of extra magic across your website to maximise your sales potential. What’s our number one tip for any e-Commerce website? Preparation! Take a look at where you should start. […]
How digital payments can support the travel industry
The travel industry has taken a hit since Covid-19 and must adapt to survive. Check out what’s changed and how digital payments are the future. […]
How to reduce abandoned carts?
You’d be surprised at how many consumers abandon their shopping carts – It’s nearly seven out of 10 shoppers, with mobile users having an even higher rate of 85.65%. That’s huge, so reducing your abandoned cart rate should be a big focus to increase your conversion rate. Let’s take a look at why consumers abandon […]
What are alternative payment methods & why do they matter?
Have you noticed a difference in how your customers are paying online? Alternative payment methods are on the rise all over the world, and with so many options it’s important to keep up with the latest trends. But how have did all these alternative payment providers become so popular and why should you make sure […]