I was a stay-at-home mom with no audience, no viral posts and no influencer status. Here’s the system I used to turn introvert-friendly side hustles into real income and how YOU can, too.
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Best payment apps for small businesses
by Dom Walbanke • • 0 Comments
By Dom Walbanke on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs
The number of providers offering payment services to UK small businesses has exploded.
Many of these are app-based solutions, which offer businesses a simple and cost-effective way to start accepting customer purchases, whether they’re contactless card payments or even bank-to-bank transfers.
These payment apps are essential for small businesses and customers alike, making it easy for both parties to complete quick but secure transactions. With more consumers choosing to pay via contactless and suppliers invoicing online, businesses no matter how small need to be ready to process transactions.
>See also: Best mobile phone payment for self-employed
Payment apps for small businesses
You can use payment apps to make bank transfers, mobile payments, online card payments and point of sale payments.
This list includes payment gateway apps and point of sale (POS) payment apps. If you work in brick-and-mortar retail or are taking more than £10,000 per month, a more substantial payment solution, such as a card reader, might be a better option.
Here’s our pick of the best payment apps for small businesses.
WorldFirst
GoCardless
Wallestar
Worldpay
Square
Takepayments
Online payment gateway apps
Price
No monthly fee
Transaction fee
30p to £4 (+0.50 currency conversion)
Set-up fee
None
Terminal
None
WorldFirst is bringing down the cost of
