It’s the end for credit and debit card charges in the UK.

  1. Home
  2.  » 
  3. News
  4.  » It’s the end for credit and debit card charges in the UK.

What will the impact be on small businesses?  

For many small businesses the additional costs associated with processing credit and debit card payments, makes offering the service too expensive and detrimental to their bottom line. A solution around this has traditionally been to pass that cost onto the customer in form of a surcharge, to enable them to offer the card payment facility but with some protection against the cost.

So, what are your options as a small business if you are now worried about taking the hit when accepting card payments from the 13th January?

1. Business owners are still within their rights to refuse card payments if this makes more financial sense for them.

2. Alternatively, (and this is probably the best option to avoid losing trade) you can still apply a minimum spend on all card transactions.

3. For convenience retailers it may make sense to offer a credit card machine facility, or information on where to find the closest one to encourage sales despite having no card payment option available.

4. Take some time to learn about all the credit card processing option available to your business, to find out whether there is an affordable and transparent solution that will allow you to offer a flexible card payment service to your customers.

For more information visit:

Contact Us

Latest News

The Green Business Programme

The Green Business Programme

A Green Business Programme has launched to help businesses across Cambridgeshire reduce their carbon footprint, increase energy efficiency and work towards Net Zero   It has been created by Cambridge City Council, Huntingdonshire District Council, South...

21towatch List Announced

21towatch List Announced

Organised by leading tech and PR company, Cofinitive -21towatch is back! #21toWatch is a dedicated campaign to showcase and highlight the maybe lesser known, recognising those exciting new entries across all market sectors, and celebrating the very best work going on...

Fenland Start-Up Business Support Programme

Fenland Start-Up Business Support Programme

People with an idea for a start-up business, or those who own a business that has been trading for less than 12 months, can apply for a free help and support programme, which includes a grant of up to £10,000. Fenland District Council is delivering the Fenland...

There are no upcoming events at this time.