The Benefits of Being a BMS Member
There is no such thing as a successful brand without a team working together behind it. That’s where BMS shows it’s importance, offering you the exact help you need in terms of problem-solving and safety for the best performance of your business. Our membership program offers a series of services, seeking to improve your business […]
How To Avoid Unnecessary Charges On Your Merchant Bill
Did you know you could be receiving unnecessary charges on your merchant bill? As your business grows, it’s not uncommon to encounter unexpected fees and hidden charges that can eat into your profits. These could stem from outdated payment processing systems, non-compliance with the latest security standards, or even undisclosed fees from your payment service […]
Why Strong Customer Authentication (SCA) Matters In-Store
Strong Customer Authentication (SCA) is a security measure embodied within The Revised Payment Services Directive (PSD2) as a set of regulations for payments which came into force last year. This is typically only relevant to online payments, as it requires two-factor authentication for eCommerce. However, this has significant implications for customers in-store that merchants need to understand […]
The Impact of the Interchange Fee Dispute
Tensions between retailers and card networks (more specifically, Visa and Mastercard) have been at an all-time high as of recent memory. This tension is arguably a result of a lack of transparency between companies, generating a lot of misconceptions about the Merchant Service industry. We therefore decided it would be a good idea to clear […]
How Your Business Can Prepare For Black Friday
In an uncertain post-pandemic climate, consumers need a streamlined payment experience. Eccomerce is rising due to its ubiquitous digital presence. However, traditional holidays like Black Friday often represent a return to the busy high-street and the in-store POS system. Reports imply that consumers are anticipating for the Retail industry to respond to supply chain pressure by generating supplies […]
Top Reasons Why Your Business Needs An Additional Card Machine
With the busy festive period fast approaching, it is crucial your business has an additional card machine. Businesses must plan ahead now to make sure they have all the tools in place for a successful busy period. There will be some businesses that think they can go into the busy period with only one card […]
The Cost-of-Living Crisis: How To Reduce Your Business Expenditure
The Cost-of-Living crisis is worsening every day, making it challenging for many firms to control their rising costs. It is expected that the economy will shortly enter a recession, due to the 9.4% increase in consumer price inflation in June. In an effort to conserve as much money as possible, consumers will spend less money […]
Championing Sustainability In The Workplace
There are many solutions that businesses can implement to reduce their impact on the environment. Implementing internal changes, such as reducing waste, using renewable solutions and effectively recycling, is the best way for businesses to become more sustainable. Business owners should champion sustainability in the workplace as it will have a positive impact on their business, […]
The Pandemics Impact On The Digitisation Of The Payments Industry
The recent pandemic has accelerated the digitisation of the payments industry at undeniable speeds. Retailers are having to adapt to the ever-changing business environment as well as the high expectations of the public. Consumers are now more health conscious and they want more hygienic payment solutions. Contactless payments usage in the UK shot up by […]
How To Maintain Efficient Business Cash Flow: A Brief Lesson in Liquidity
The Importance Of Business Cash Flow The importance of business cash flow cannot be understated. Cash flow is referred to here as the monitoring of money moving in and out of your business. It is the foundation of any business that directly affects how it can operate. What Is ‘Liquidity’? When the cash flow becomes […]
