If you're a UK entrepreneur who's laying the groundwork for their online business, you may have already started researching payment gateway providers. If that's you, you'll likely know that payment gateways offer different features, terms, and pricing depending on the country you're operating from. This begs the question: what are the best payment gateways for UK businesses?
Revolut has been making quite the impression as a way for people to exchange money and collect ecommerce payments without the hassle of inflated exchange rates and outdated money-sending services. It's a wonderful app which allows business payment solutions, including features for sending and accepting international transfers, as well as the ability to issue physical and virtual cards for your business. Not only that, but the popular company provides a tool called the Revolut Gateway for WooCommerce, a plugin that integrates with your online WooCommerce store and gives you a wide variety of benefits such as lower fees and a speedy checkout process.
If we are to hunt for the most elite ecommerce payment solution in the market, we ought to scrutinize a couple of attributes. Admittedly, any customer is always on the run for a secure checkout payment tool.
The entire experience needs to be one which is not only swift but nearly perfect.
And my point is?
We all need tangible results. Right guys? A high degree of optimism unfolds if my business gains quite a substantial amount of confidence from my customers. But here's the million dollar question.
How safe are the transactions? This definitely forms part of the whole equation.
Mobile banking is the new and improved alternative to challenger banks. Period.
Gone are the days of manually tracking your incomings and outgoings and making tedious journies to physical branches. With everything digitalized, online banking services provide intuitive money management features from the convenience of your smartphone.
We’ve already covered other banks like Revolut. So, in this review, we’re rounding up our online banking series by divulging everything you need to know about Monzo. Primarily a UK bank, Monzo aims to provide you with full control over your money no matter where you go.
Revolut and Monzo are two innovative financial services that offer various personal and business accounts to suit multiple needs. They both provide a range of services designed for busy people that can be conveniently accessed via their mobile banking apps.
With Revolut and Monzo providing such similar services, this begs the question, how do they differ? What account plans do they offer? What features do they provide? We'll answer all these questions below to help you decide on the right digital bank for you.
The days of traditional walk-in banks can no longer be taken for granted. Why? Because of the advent of digital banking apps that offer competitive, convenient, and easy-to-use services. You can complete transactions at home, at work, or while you're on the go. Many come with a range of attractive features that make it hard for traditional banks to compete against.
There’s lots to look at, so let’s make a start.
It's no easy task, considering there are hundreds, if not thousands, of payment gateways to choose from. Having said that, WooCommerce also provides support for the vast majority of major payment gateways, whether it's through a built-in feature, a direct extension, or by allowing you to link to a different gateway through the API.
With increasing digitization, it's no wonder traditional banks no longer play such an essential role in our lives, and in their place, mobile-only banks are popping up all over the show.
Not only do these platforms conveniently enable us to bank from the comfort of our homes, but (usually) they also offer a range of money-savvy features. With so many perks to be had, it’s no wonder these banks have enjoyed such an influx in popularity!