Legacy systems are often viewed as an IT issue
In reality, they can quietly affect cos…
Tag payments
Many businesses underestimate how quickly payment costs can increase when fee structures begin to shift
A change of 10-20 basis points may not appear significant in isolation. However, when applied across millions in card turnover, the impact becomes immediate. For example, a business processing £100m annually would see costs increase by £100,000 with just a…
Small percentage increases in payment fees are now translating into higher costs for many businesses
Recent changes to interchange and scheme fees are often measured in basis points, typically in the range of 5-20bps depending on transaction type. While this appears minor, the effect becomes more significant when applied across large transaction volumes. For a…
Members of the BB Merchant Services team recently attended the Institute of Hospitality Annual Golf Day at The Belfry Hotel & Resort, playing on the renowned Ryder Cup course
Despite some mixed weather throughout the day, it was a great opportunity to spend time with professionals from across the hospitality sector, enjoy some competitive golf, and support an event that continues to bring people together within the industry. BB…
Payment processing is often treated as a fixed overhead
In many organisations, however, costs g…