The Autumn Statement has been announced by UK Chancellor Philip Hammond with several impacts on small businesses. Here are five highlights from the statement and how they could impact your business.
The rising popularity of smartphone payments and prevalence of electronic transactions has marked the decline of cash, which now makes up less than 50% of payments made in the UK.
But what is taking its place? Which payment methods are mere dreams of Tomorrow’s World enthusiasts, and which ones are actually on the horizon? Let’s take a look at some of the most exciting developments to see what is about to revolutionise the way we pay.
We recently conducted some research about the scenarios in which people would feel the most embarrassed to have a card declined when it came to paying the bill. Whilst 30% of men dread having card problems whilst out on a date, 40% of women most fear having their card declined at the supermarket checkout.