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The total turnover of small and medium-sized businesses was £2.18 trillion in 2022, demonstrating their seriousness. While customer service and marketing are integral to running a business, offering customers multiple payment options is just as important. Fortunately, you can adopt…
Card processing fees can be confusing and expensive for small businesses, eating into profits and making it hard to compete with larger companies. Alternative payment methods, like mobile payment apps or prepaid debit cards, may offer lower fees and more predictable pricing. Small business owners should carefully consider the costs and benefits of accepting card payments and look for ways to reduce fees.