eplatforms

Accepting electronic payments is essential to modern business.

The UK is currently Europe's largest ecommerce economy with two-thirds of consumers having shopped online.ⁱ

1. The power of the Internet continues to grow with 27.7 million UK adults having used the Internet in 2005.ⁱⁱ
2. Current predictions believe that the rate of growth of Internet sales will see this channel occupy 15% of retail sales by 2010.ⁱⁱⁱ
3. You don't have to be big to take online payments we have a variety of smaller solutions to help you on your way.

For many small businesses, selling online provides some major benefits. Customers increasingly expect this type of facility and it can improve your cash flow significantly.

It's easy to accept cheques or invoices for your online sales and to process payments in the traditional way. However, because buyers often use the Internet for a speedy service, most sales are paid for with credit and debit cards.

To accept cards online, you will have to make special banking arrangements, but this doesn't mean you have to have a merchant service.

1. Forrester Report - Nov 2004
2. NOP - Dec 2004
3. Royal Mail "The Future of Retail - a Vision 2010" 2004