We believe in empowering small and medium-sized businesses with enterprise-level payment technology that encourages growth, flexibility, and innovation - so it's essential for both us and our customers that we remain at the forefront of how customers want to pay.  That’s why we are thrilled to announce our partnership with Qi Digital , a London-based technology company and leader in digital asset solutions, to enable businesses to accept cryptocurrency payments  with ease and security. The future of payments: why crypto matters for your business The financial landscape is changing. Consumers are increasingly embracing cryptocurrencies, not just as an investment but as a practical payment method. Major brands like Tesla have already integrated crypto payments, setting a precedent for broader adoption. Crypto isn't just a trend for large corporations; small and medium-sized businesses (SMBs) that select Taylr.io as their payment technology provider now have the chance to use crypto payments to gain a competitive advantage. Qi Digital - Crypto Payments The rise of cryptocurrency adoption - in numbers Don't just take our word for it - we'll let the numbers do the speaking. Over 560 million people  globally now own cryptocurrencies, representing 6.8% of the world’s population   (source) By 2025, crypto adoption is expected to grow to 861 million users  worldwide. ( source ) More than 30,000 online merchants  currently accept Bitcoin and other cryptocurrencies. ( source ) The global cryptocurrency market is projected to exceed $5 trillion by 2030 . ( source ) With the increasing consumer demand for cryptocurrency payment options, businesses that adapt now can present themselves as innovative, forward-thinking, and responsive to changing customer preferences. How can businesses benefit from Cryptocurrency payments? Here's how our partnership with Qi Digital  allows Taylr.io to bring the advantages of crypto payments directly to SMB businesses: Global accessibility : Cryptocurrency payments eliminate international barriers, allowing businesses to expand globally without administrative restrictions, and avoiding fluctuating currency conversion rates, allowing international customers to pay a consistent price. Instant transactions: Crypto transactions are nearly instantaneous, significantly reducing business and customer wait times. Transparent public ledger : All cryptocurrency transactions are recorded on a public ledger, which ensures complete transparency and minimizes the risk of disputes or fraudulent claims. No banks or intermediaries:  Businesses only need a digital wallet to start accepting cryptocurrency, removing the need for banks, credit accounts, or overdrafts. Elimination of chargebacks : Unlike credit card payments, cryptocurrency transactions are final. This means they cannot be reversed, protecting businesses from costly chargeback fraud. Greater financial control : Cryptocurrency payments give businesses complete control over their transactions, eliminating reliance on third-party institutions. You can learn more about the benefits of accepting cryptocurrency payments in   Qi Digital's blog post here. Taylr.io & Qi Digital: bringing enterprise-level crypto payments to SMBs This partnership makes it simple, secure, and cost-effective for businesses to accept cryptocurrency payments. Our integrated solution ensures: Seamless setup  – Get up and running with crypto payments quickly and easily. Secure transactions  – We have built-in fraud prevention from   Kount  at no extra cost to merchants. Multi-currency support  – Accept Bitcoin, Ethereum, USDT and other leading digital assets. Real-time conversion  – Instantly convert crypto into local currency to avoid volatility risks. We’re redefining what’s possible in payments, and this is just the beginning. "At Qi, our mission has always been to make crypto payments more accessible. That’s why we’re excited to announce our partnership with Taylr. This collaboration allows us to expand payment options for both merchants and consumers, making it easier than ever to embrace crypto transactions. Mann Matharu, CEO, Qi Digital Taylr x Qi Digital “At Taylr.io , our mission is to empower small businesses with enterprise-level e-commerce payment technology. That’s why we’re thrilled to partner with Qi Digital to enable merchants to accept cryptocurrency payments. This collaboration reflects our shared vision: a world where businesses of all sizes have access to every payment format, keeping pace with their customers’ evolving needs. Together, we’re delivering even more value to the SMB market and redefining what’s possible in payments, and we couldn’t be more excited for what’s ahead. Nic Verdino, Founder, Taylr.io  Ready to accept crypto payments? The future of payments is here, and you don’t want your business to miss out. As more businesses and consumers embrace digital assets, Taylr.io will continue to innovate and provide cutting-edge payment solutions tailored to SMBs. With Taylr.io and Qi Digital, getting started with crypto payments is easy, safe and rewarding. Get in touch to see how we can help your business keep up and thrive in the digital economy, growing with cryptocurrency payments.

In partnership with Kount, we held our inaugural event exploring the future of payments last week: #Payments2030 It was an amazing opportunity to bring together some of the best minds in the payments industry to debate what the next 5 years (and beyond!) look like for our industry.  Here's what you need to know about the future of payments.  Let’s start at the end of the event - a little unconventional, we know! For their final question, we asked our panel to paint a picture of payments in 2030; what will making a payment actually look like? After 90 minutes of discussion and debate, you’d think there would be a shared vision. But instead, each of our five experts had a completely different take - from connected tech predicting purchasing habits to crypto payments and even back to bartering.  One thing you should know: everyone agreed that the industry is in flux. Technology is advancing rapidly, but it’s hard to say exactly what this might look like for consumers because, as an industry, we tend to think too much about payment tech and not enough about its end users. And another thing we’re perhaps neglecting to think about? Small businesses. Our expert panel discussing the future of payments In this blog we will be exploring some of the key questions that came up during the event. These include: Do SMBs have enough access to the technology required combat increasingly complex fraudulent transactions – and do we, as an industry, owe them better technology and support? How do you reduce payment friction and make it easy for consumers to pay – whilst still ensuring enough cybersecurity friction to protect against attacks? Alternative payment methods – open banking, crypto – are brilliant technology. But will consumers actually adopt them? And what does CBDC mean for it all? AI – friend AND foe. Great for slick transaction processes and payment integrations, but are they giving fraudsters too many tools to get ahead? As an industry, we’re great at thinking about payments. But it’s far too easy to forget our end users. Are we thinking enough about customers? Do SMBs have the technology to fight fraud – and do we owe them more support? Fraud is evolving fast, and small businesses are struggling to keep up. Fraud is getting more complex  – AI-driven attacks, synthetic identity fraud, and deepfake scams are making it harder than ever to tell real from fake transactions, not just for payment professionals, but for everyday consumers. Criminals are using automation to launch highly targeted attacks that bypass traditional security measures. SMBs are underprepared  – Unlike large enterprises, smaller businesses often lack the resources to implement cutting-edge fraud detection systems. Many rely on outdated tools that aren’t equipped to handle modern fraud techniques.  The industry must step up  – Payments providers, banks, and technology firms need to work together to make advanced fraud prevention more accessible. AI-powered fraud detection, biometric authentication, and better collaboration between businesses could help close the gap. This is why Taylr.io has partnered with Kount to give SMB’s enterprise-level fraud prevention , at no extra cost. Fraud is getting smarter, and small businesses deserve the tech that will help them fight it.  How do we balance frictionless payments with cybersecurity? Consumers expect fast, seamless payments, but businesses also need to ensure transactions are secure. Frictionless payments drive sales  – Customers want checkout processes to be smooth and instant. Every additional security step, like extra authentication screens or manual input fields, increases the risk of cart abandonment. But too little friction creates vulnerabilities  – Removing all barriers can leave businesses open to fraud. Weak verification processes make it easier for cybercriminals to exploit payment systems. The solution is smart security  – Businesses must adopt AI-driven risk analysis to determine when to add extra security measures. For example, a low-risk returning customer might enjoy a one-click checkout experience, while a high-risk transaction triggers additional authentication. What will payments look like in 2030? Alternative payment methods – brilliant technology, but will consumers adopt them? Payments are changing fast, but consumer habits take time to shift. Open banking is here, but adoption is slow  – Direct account-to-account payments offer lower fees and greater security than card payments. However, consumer awareness and trust remain barriers to widespread adoption. Crypto payments remain niche  – Cryptocurrencies promise fast, decentralised transactions, but volatility, regulation, and lack of mainstream acceptance prevent widespread use. Stablecoins could provide a more viable alternative, but businesses remain hesitant. What about CBDCs?  – Central Bank Digital Currencies (CBDCs) could revolutionise the industry by offering a government-backed digital currency. However, there are concerns about privacy, government control, and potential impacts on commercial banking. Our solution? Don’t bet on one thing and be prepared. Taylr can give consumers the option to use multiple alternative payment methods to ensure SMB merchants are at the forefront of emerging technologies. Whether consumers choose to actually use these payment methods is up to them!  AI – a friend AND a foe… Artificial intelligence is reshaping the payments industry, but not without risks. AI is making payments smarter  – Machine learning is being used to optimise payment approvals, detect fraud in real time, and personalise customer experiences. AI-powered chatbots and virtual assistants are also improving customer support in payments. But, fraudsters are using AI too  – Deepfake scams, automated bot attacks, and AI-generated phishing emails are making fraud more sophisticated than ever. Criminals can now generate highly convincing fake identities to bypass traditional security checks. The challenge is staying ahead  – Businesses need to invest in AI-powered fraud prevention tools to counteract these threats. Collaboration between industry players and real-time data sharing will be crucial to keeping up with emerging fraud tactics. Are we thinking enough about customers? With all the innovation in payments, are we prioritising the end user? Payments should be invisible  – The best payment experiences are those that customers don’t have to think about. Whether it’s a one-click checkout, tap-to-pay, or recurring payments, convenience is key. Flexibility matters  – Consumers expect to pay how they want, whether that’s via card, digital wallet, BNPL (Buy Now, Pay Later), or even cryptocurrency. Businesses need to offer multiple options to meet customer expectations. Trust is everything  – In an era of increasing cyber threats, consumers need to feel confident that their transactions are secure. Businesses must focus on transparency, clear communication, and strong security measures to maintain trust. And finally, a huge thank you to our attendees, speakers and panel.. A huge thank you to everyone who took part in #Payments2030 and shared their insights. We were delighted by the turnout and discussion! Simon Vallis , Head of International Partnerships at Kount, an Equifax company Scott Przybyla , SVP of Payment Sales at Kount, an Equifax company Mann Matharu , Crypto evangelist, author and CEO/Founder of QI Digital Simon Kemp , Head of Partnership at World Pay & ‘That Payments Guy’ Bimal Shah , CEO / Founder of Elemental Concept, Tech Consultancy The conversation around the future of payments is far from over. Stay tuned for more insights as we continue to explore what’s next for the industry.

The world of technology is moving at an unprecedented pace.     Breakthroughs in quantum computing, decentralised finance, fraud prevention, digital wallets and, of course, AI are propelling us forward at breakneck speed, revolutionising and reshaping how we spend, shop and save.    Fintech, and within it, the payments industry, has the unique opportunity to apply these advancements at scale, with the potential to redefine global commerce at scale, benefiting individuals and economies alike.   And yet, as enterprise clients reap the rewards of this innovation, small and medium-sized businesses - the backbone of our economy - are being left behind. Despite the advanced tools and systems available, the SMB payments sector is stalling, leaving merchants with outdated solutions and stalled growth.    Payments 2030 - an evening exploring the future of payments.    The future of payment technology has never been more exciting, but it’s time to apply innovation at scale to all merchants - not just the chosen few. How can we spark the next wave of innovation, ensuring every merchant benefits from cutting-edge technology, and what does 2030 look like for the world of payments?    This is what we’re diving into next week at our event, in partnership with   Kount , our fraud prevention technology providers , where we're bringing together partners, providers, merchants to discuss how the payments industry is rapidly changing and what opportunities will be presenting themselves over the next 5 years. Some of the subjects we’ll be discussing: How will AI dominate the payment ecosystem? Will Crypto payments dramatically change the financial ecosystem? Will the government do anything to ensure Open Banking will help merchants? What type of fraud is going to be attacking online merchants? Will Visa and Mastercard be relevant anymore? Are you ready for these changes?   Attendees will gain insights from some of the most forward-thinking technologists in and outside the payments industry, discovering their part in shaping a payments ecosystem that can work for everyone. Come back next week for our event write-up, which will include exclusive insights from our expert panellists.

At Taylr, we pride ourselves on improving the UK’s SMB online payment processing. Part of that means offering enterprise-level features at no extra cost, including fraud protection from Kount®. To protect your business from unauthorised transactions and the resulting chargebacks, Taylr.io has partnered with the best in the industry, Kount® . With Kount's data network spanning more than 15 years and billions of transactions, you’ll have access to the most complete insights available to merchants.  What does this mean for merchants? Safer, more confident revenue growth at no additional cost.  More specifically, there is a reduction in fraud, declines, false positives, and transactions that result in chargebacks. How fraud is detected and prevented Kount uses metrics such as those below to create a profile of a transaction: IP address - has it been seen before for this consumer? IP location - is it a high-risk country of origin? Should that person be in the country the IP address comes from? Average transaction size - is this regular for the merchant or cardholder? Velocity of use - has this card been used multiple times within a short period? Email address - is it new? Has it been associated with this card before They then score the card 0-100 on the fraud scale and using this score determine whether this transaction should be processed.  All the big merchants use this type of tech, and SMBs should have access to it too.  How does Kount fraud prevention work in real life? Here’s how Taylr and Kount work together to stop payment fraud from negatively impacting your business.  There is no need to sign up for Kount separately to Taylr We will launch the quick and easy Kount integration process as part of your onboarding process.  Customers shop with your business. Customers navigate the sales and checkout process as usual. Transaction data is analysed. Transaction data is sent to Kount for real-time risk analysis.  A decision is made. In less than a second, Kount’s technology determines if the transaction should be approved, declined, or escalated for further review. The risk decreases, and revenue increases. You can safely increase revenue with less risk with more significant customer insights and accurate fraud analysis.  Why fraud detection technology matters No merchant wants fraudulent transactions impacting the bottom line. Here’s why it matters, and why we chose to include this at no extra cost to our customers. Kount’s complete, accurate, and efficient fraud management strategy has numerous benefits. Block fraud - Stop fraudsters from making unauthorised purchases from your business. Recover revenue  and prevent chargebacks - Reduce unfair chargebacks that are costly, confusing, and labour-intensive. Increase order acceptance - Accurately determine shopper credibility so you aren’t turning away good customers. Improve your reputation - Avoid reputational damage caused by fraudulent activity and poor customer experiences. You’ll boost revenue, do more business with the right customers, and avoid unnecessary costs and losses. Kount replaces time-consuming, error-prone processes with accurate, efficient automation, and  all of this is in a frictionless experience, with a response of less than 250 milliseconds. Taylr x Kount. Better payment technology for small businesses.

Why diversifying and boosting income matters in 2025 Businesses, including developers, already face financial unpredictability this year. Squeezed margins, rising costs of living, increases in the National Insurance rate and higher operating costs all hit hard on the bottom line. Balancing income and expenses is tougher than ever, and new revenue streams could be the difference between making payroll, having a marketing budget, or making a new hire this year.  Here’s one solution for you to boost income. You can earn a commission from the payment technology you recommend to merchants. Partnering with a payment provider like Taylr.io lets you generate recurring income in addition to your project fees, diversifying your revenue streams and smoothing out the ups and downs of project income.  We pay developers commissions when you recommend Taylr.io to your clients and implement our payment technology on their e-commerce websites at no extra cost to the merchants - your clients.  Why? Because developers building e-commerce websites are an often overlooked cog in the payments machine. You’re the people making the technology work. You create beautiful, functional websites and apps, bringing your client’s visions to life, and without your expertise, we wouldn’t be able to do what we do.  So, our commission structure is our way of giving back to you, supplementing your income, and saying thank you.  But why introduce Taylr.io to your customers? Outside of our commission offering, Taylr is focused on providing the best payment technology and service to small to medium size businesses.  Taylr reviews the business’s audience and helps determine what payment options would be suitable for customers. Are digital wallets the correct thing? Could they pay less using open banking? Taylr ensures that its users have someone to talk to; if there is ever an issue, they can either chat with Taylr via the merchant portal, email into the helpdesk or call Taylr.  Finally, an important part of optimisation is cost reduction. Taylr’s pricing starts at1.2% and £0.16. This is already 20% lower than some of the bigger competitors and we may be able to less where circumstances allow! What’s the catch?  No catch. We only ask that you recommend us to your clients if we are the right  provider for their needs. If they’re an SMB looking for a payment solution designed specifically for small businesses, it should be easy to use, provide excellent customer service, and shouldn't overcomplicate e-commerce checkouts.  The best bit? Helping your clients adopt the best payment solution for their business can strengthen your relationship, enhance their success, and earn you a commission that creates a sustainable, passive income stream. It’s a win-win.  Web developers building e-commerce websites are an often overlooked cog in the payments machine. How can you choose a payment technology partner for your client? Recommending a payment provider isn’t just about choosing one with a lucrative commission.  If the provider you suggest doesn’t work well for your client’s needs, it can harm their business and your professional relationship. Here's what you can do to get it right. Understand your client’s needs.  Consider their sales volume, target markets, and the types of payment tools they require. Do they need Googlepay, Applepay, Open Banking, Subscriptions,  Payment links? Research your options. Focus on a payment provider that provides reliable, developer-friendly tools and transparent pricing so your clients know exactly what they’re paying. Also make sure the provider will actually engage with the merchant and assist with integration. Make a thoughtful recommendation. The payment technology you recommend should solve their pain points rather than being a way for you to earn extra cash. Clients will value your expertise and tailored advice.  If we’re the right provider for the merchants you’re working with, introduce us, and we’ll pay you a commission based on what we earn; this extra income can add up quickly to £1000s per month, especially for high-traffic websites. The financial benefits of working with Taylr.io for website developers Passive income to offset rising costs Commissions offer a steady income stream that complements your freelance work, helping you manage the higher cost of living and business expenses in 2025. A safeguard during slow months Freelance work can be unpredictable. Commissions provide recurring revenue that can help you weather quieter periods without stress. Added value for your clients Recommending Taylr.io shows your expertise and can add value to your clients and their business.  What commission does Taylr.io offer developers?  How much can I earn? We’re transparent about our rates for merchants , but we’re keeping our commission structure close to our chest for now. Speak to us if you’d like to know more.  Recommending a payment provider isn’t just about choosing one with a lucrative commission.... How can developers sign up to start earning additional revenue through payment technology?  In 2025, freelance and self-employed developers, limited companies, and development agencies have an opportunity with Taylr.io to turn payment technology into a profitable income stream. By recommending the right provider, you can support your clients’ success while generating recurring revenue that helps offset rising costs.  Contact us here to learn more about our e-commerce checkouts and how you can start implementing Taylr.io today.

The National Payment Vision is a large government work, released in November 2024, that establishes the UK’s position in the global payment eco-system and sets out how the government believes the UK Payment Industry should develop.  The Vision is a response to the findings from the independent Future of Payments Review 2023 , which stated that the UK could slip behind if changes were not made. This review provided recommendations on the steps needed to deliver world-leading payments in the UK successfully.  Skip to section: What is the UK government's National Payment Vision? What are the main focuses of the National Payment Vision? Why does the National Payment Vision Matter? How will the government deliver on its vision for payments? The TLDR are our take on the vision We read the National Payments Vision, so you don't have to,,,, The Government’s new Payment Vision is: "A trusted, world-leading payments ecosystem delivered on next-generation technology, where consumers and businesses have a choice of payment methods to meet their needs." Pleasingly, many of Taylr’s ideas and standards mirror those provided in the report. So, what does this report actually mean? What is the payment vision focusing on, and what are the big statements?  Skip to section: 1. The UK needs to enhance its efficiency and drive more innovation 2. The UK needs to improve competition 3. The UK needs to lower payment costs 4. Stronger consumer protections are needed 5. The economy needs to be future-proofed 6. Innovation and growth require a reduced regulatory burden 7. Increased resilience 8. Inclusivity 9. Payments are, and will continue to be, a driver of Economic Growth 1. The UK needs to enhance its efficiency and drive more innovation The UK needs to modernise its payment infrastructure (e.g. upgrades to Faster Payments) to improve transaction speed, reliability, and scalability. Innovation in Open Banking and account-to-account payments will foster new services and reduce reliance on traditional, costlier payment methods like cards. Providers can leverage next-generation technologies like AI and DLT, driving efficiency and enabling creative solutions for consumers and businesses. 2. The UK needs to improve competition The government wants to increase competition in the payment processing sector.  This focus on competition is believed to ensure a more dynamic payments ecosystem, benefiting providers, merchants, and consumers. By broadening payment options, including Open Banking payments and potential digital pound solutions, businesses will have greater choice and reduce dependency on dominant card networks. 3. The UK needs to lower payment costs The Government wants to help reduce the cost of payment services, which will benefit Merchants by allowing cheaper payment processing. The report establishes a key driver for this as the acceleration of account-to-account payments, which theoretically should have fewer intermediaries and lower fees. 4. Stronger consumer protections are needed Fraud continues to grow. By emphasising fraud prevention and enabling secure digital identities, the Vision endeavours to build trust in digital payments and safeguards for both consumers and businesses, preventing financial loss. Robust protections (e.g. dispute resolution processes for Open Banking) will encourage wider adoption of emerging payment methods. 5. The economy needs to be future-proofed Investment in next-generation payment systems will position the UK as a global leader in fintech innovation, ensuring its competitiveness in an increasingly digital global economy. The exploration of the digital pound demonstrates foresight, ensuring the UK can adapt to the shift toward digital currencies and maintain sovereignty over its financial systems. 6. Innovation and growth require a reduced regulatory burden The Vision states that the UK needs to streamline regulation without damaging the protections it provides to consumers and businesses. One suggestion is to improve coordination between bodies like the FCA and PSR . These organisations currently have a level of overlap that can be reduced, reducing compliance costs and business complexity. A predictable, proportionate regulatory environment incentivises innovation and investment in the payments sector. 7. Increased resilience Modern infrastructure will ensure the payment ecosystem can withstand technological and security challenges. By integrating standards like ISO 20022, the UK can achieve greater interoperability for domestic and cross-border payments, reducing risks and costs. 8. Inclusivity The Vision establishes that the public should not be excluded by how they want to pay. It states that continued access to cash is essential while expanding digital payment options, preventing financial exclusion and ensuring everyone can participate in the economy. Digital identity initiatives reduce errors and barriers to payment participation. 9. Payments are, and will continue to be, a driver of Economic Growth The payments sector is a key enabler of broader economic activity. By enhancing payments infrastructure and services, the Vision supports the UK’s mission of driving economic growth, boosting GDP, and creating jobs. So, why does the UK Government’s Payment Vision matter? In its introduction, the Vision states that the UK used to be a global leader in Payments; however, it is now falling behind. This is partly due to the lack of a central strategy for how the UK should accept and process payments. Without a central vision, the UK market will become increasingly fragmented and exclusionary based on how people want to pay.  The Vision introduces this central strategy. It provides a platform to create a balanced, innovative, competitive, and secure payment ecosystem that works for everyone—from consumers and merchants to technology providers and financial institutions. It ensures the UK is prepared for the digital economy of tomorrow while enhancing trust and inclusivity today. The Payments Vision sets out the UK Government’s roadmap for a safe, world-leading payments ecosystem where consumers and businesses can use trusted and secure technology to choose from their preferred payment methods.  As a long-time leader in the global payments landscape, it’s vital that the UK maintains a strong position in the face of ever-evolving technology and doesn’t risk falling behind international peers.  The report addresses key issues across the landscape and outlines three pillars to guide future activity innovation competition Security These pillars will drive the roadmaps of companies across the UK industry and will set the standard that companies should be measured by Obviously, delivery is key. So, how will the government deliver on its vision for payments? Underpinned by its three pillars of innovation, competition, and security, the government has outlined two foundational structures to help drive the Payment Vision. The foundational structures for the Payment Vision are: A strong regulatory framework A resilient infrastructure Building a good Regulatory framework According to the paper, government regulators such as the FCA and the PSR are critical in implementing the government’s vision and ensuring compliance. However, they must deliver a regulatory framework for payments, which is: clear predictable proportionate To deliver the above, the government has determined that the regulators must coordinate better to support each other’s activities and manage their collective impact on regulated entities without increasing regulatory burdens.  To do this, the government is setting up the Payment Vision Delivery Committee, which will guide the regulators and take input from a wide range of organisations. A specific focus is on providing additional consumer protection for account-to-account payments. A resilient infrastructure Enhancements to the Faster Payments System will improve infrastructure resilience and functionality. Focusing on account-to-account payments and expanding Open Banking will reduce reliance on cards and lower merchant costs, improving consumer choice and enabling seamless account-to-account payments. Merchants could benefit from reduced fees and innovative services through direct account transfers. The report significantly focuses on fraud, emphasising upstream prevention and intelligence sharing. Technology providers must invest in advanced anti-fraud solutions, including tools for detecting and preventing authorised push payment (APP) fraud. There will also be a greater emphasis on avoiding payment fraud and enabling secure transactions across the industry. This means merchants will have access to new tools and initiatives to tackle fraud and unauthorised transactions.  The National Payments Vision - what does it mean for merchants? Give me the TLDR of the Government's Payment Vision: There is a lot to unpack here. However, in summary, the government believes the payment industry has to change. There is too much reliance in the UK on the likes of Mastercard and Visa, A2A payments have not taken off as anticipated, and there is not enough competition.  A personal opinion is that very little of what has been written is new or unknown to the payment industry. It is fantastic that the government is finally taking consumer protection and fraud seriously. However, one may find it ironic that the card schemes already take these topics extremely seriously, and it was the government-backed open banking initiatives that provided very poor experiences over the last few years. I also wonder if the ambition of reducing regulation is best served by essentially putting a regulator on top of the regulators to ensure they are working together. In theory, the Payment Vision Delivery Committee sounds like a good idea, but only time will tell…  Payment providers will need to embrace technological adaptability to align with The Payment Vision and the infrastructure upgrades and regulatory changes, as well as focus on the innovation that it projects. Anti-fraud solutions, already required, will need to be enhanced further to drive consumer confidence and market adoption. This could be the beginning of an exciting time for the industry. If the vision comes true, then Merchants should prepare for increased payment options, improved infrastructure, (hopefully) reduced regulatory complexity, growth in innovation, reduced costs, and enhanced security. In addition, Consumers will receive more ways to pay that suit their own behaviours and needs while being protected from bad actors and fraud. It’s ambitious, as any vision should be. We are looking forward to hearing more of the ‘how.’

For many small businesses across the UK, 2025 will be a make-or-break year. The UK’s business landscape is grappling with an ongoing financial storm driven by market challenges and government legislation. The combination of increased supplier costs, rising inflation, higher energy prices, and increased taxation creates a perfect storm that puts relentless pressure on profit margins. For businesses already feeling the squeeze at every point, finding ways to cut expenses and better balance the books has never been more critical. One area you may not have considered but could yield significant savings? Your payment provider. When every sale counts, the current economic environment highlights the need to scrutinise every outgoing cost. Transaction fees, which seem minor, can significantly add up over time, particularly if your sales volume is high. That's why, if you’re an e-commerce merchant, switching to a provider with lower transaction fees might be your smartest move this year. Payment processing: the hidden drain on your revenue Every time a customer makes a purchase on your website, your payment provider takes a cut - generally a percentage of the sale plus a fixed fee. This arrangement enables payment technology companies like Taylr.io to provide the best checkout experience, anti-fraud measures, and access to industry-leading technologies. Whilst these fees are unavoidable, they are not all created equal. From our experience in the payment industry, they can be heavily skewed in favour of the big names, leaving smaller businesses with high fees, no room for negotiation, and a poor overall customer experience. Some providers charge significantly higher rates than others, and many businesses continue using outdated or expensive systems simply because switching seems complicated. It's time to change that. If you’re an e-commerce merchant, switching to a provider with lower transaction fees could be a brilliant move. In 2025, with profit margins squeezed tighter than ever, accepting the status quo could cost you. Switching to a payment provider with lower fees could allow you to retain more of your hard-earned revenue and offset some of the increased costs from other areas of your business, making small but impactful changes to your bottom line. The savings potential of lower online transaction fees (or how Taylr.io could increase your marketing budget by £1200). Let’s break it down about what happens when you change payment provider: If your store processes £10,000 in monthly online sales, a 1% fee reduction could save you £100 monthly. Over a year, that’s £1,200 back in your pocket. If that £10,000 revenue comes from 1000 transactions, and you save £1p per transaction, that's an additional £10 per month saved, so £120 per year. For smaller businesses, this small but mighty saving could cover other essential costs like software subscriptions, stock, or even marketing campaigns. You don't have to put this towards your marketing budget, but by making changes to the checkout experience on your site, you could offset rising costs elsewhere. Which payment provider has the lowest transaction fees and rates? We won't discuss the specific costs of other payment technology providers, but we can confidently say that our rates are very competitive compared to those of the big names in payment processing. As of January 2025, our rates are: A flat fee of £20.00 per month 1.15% + £0.18p fee per transaction Put into the context of our previous example: £10,000 from 1,000 monthly transactions will cost you just £315 in processing fees. This saves £35 compared to the £350 it would cost if this were to go through Stripe at 1.5% and 20p per transaction (rates as of January 2025 on their website). In addition to our competitive rates, industry-leading anti-fraud technology, and simple onboarding processes, we focus on delivering the best customer service possible, making switching more straightforward than ever. Could switching payment provider impact your bottom line? Most likely... Why 2025 is the right time to act and change payment provider. In 2025, forward-thinking small businesses must be proactive to stay ahead. By changing to a more cost-effective payment provider, you can recoup some losses caused by rising costs and National Insurance hikes. A small change in payment processing fees could mean significant savings for your bottom line, making this the perfect time to act. How to get started if you want to switch payment provider Review your current fees.  Look at your monthly statements to understand what you’re currently paying. Research how to switch.  Look at our switching guide here . Switch smartly.  Work with Taylr.io for a seamless transition with minimal downtime. Don’t let high fees drain your profits. Switching payment providers is a quick, impactful way to reduce your overheads without compromising the quality of service you offer customers. Take control of your payments and set your business up for success in 2025 - talk to Taylr.io now.

Small business owner or online merchant? Black Friday's a busy time... Here are three things you should know about increasing revenue through Black Friday and Christmas sales, that don't require you to dip into your marketing budget pot. Skip to section: Fraudsters and scammers are VERY active at this time of year. Additional revenue year on year doesn't just have to come from increased transaction numbers or higher prices Frictionless experiences are key 1. Fraudsters and scammers are VERY active at this time of year as they look to take advantage of all the increased online transactions. Not only that, but they know that shoppers feel pressure to get the best deals before they run out, which means they are less likely to pay strict attention to what they are purchasing. You need to: make sure your fraud prevention technology is the best. Our partnership with Kount , an Equifax company, means you can crack on with your black Friday and festive sales whilst they handle the fraud prevention.  Additional revenue year on year doesn't just have to come from increased transaction numbers or higher prices. You run sales right now to ensure your business gets a piece of the Christmas shopping action, and ideally, even with sales, you'll see increased revenue. But additional revenue year over year doesn't just have to come from increased transaction numbers or higher prices. In fact, your payment technology can help increase revenue and improve margin! If you pay a lower rate on every transaction, you'll make more money on every sale. You should: Let us know how much you are paying, and we can tell you i f you can be paying less . If you provide your customers with a preferred payment method, more people will pay. You should: Make sure your customers have access to GooglePay and ApplePay, open banking and other APMs If you suffer from fewer declined transactions, you’ll increase revenue. You should: consider if false declines are reducing your revenue and whether our integration with Kount will help here. 3. Frictionless experiences are key Your website must run at 100%, as slow loading speeds and clunky navigation can put potential buyers off. You also need a frictionless payment experience to ensure that once customers have decided to pay, they can do so using the card or payment wallet of their choice.  You need to: speak to your web developer to make sure your site is running as it should be You should also : speak to Taylr about whether we can help make sure your checkout experience is exactly how it should be Putting it simply... These three simple things should help you prepare for the increased festive season traffic and passively boost your revenue without having to spend more on a marketing budget or find new customers. Want to know more about better payment technology for E-commerce brands and online merchants? Talk to Taylr.io .

As the Christmas period approaches, businesses face heightened fraud risks. Increased e-commerce spending is great for boosting revenue at the end of the calendar year—perfect! But for every pound spent through your checkout, there is, unfortunately, a risk of fraudulent activity impacting your bottom line.  Our fraud-prevention partners at Kount recently outlined seven critical steps on their blog here , helping businesses safeguard against fraud while maintaining excellent customer experiences.  We’ve summarised them below.  Seven ways to prevent fraud over the festive period Prepare websites : Ensure your site is optimised for increased traffic and secure against cyberattacks. Update fraud policies : Adapt your fraud prevention rules to seasonal shopping patterns. Train teams : Equip employees to identify and respond to scams effectively. Guard against promotion abuse : Monitor coupon use and referral programs to prevent exploitation. Strengthen mobile security : Protect against mobile fraud as it rises during holidays. Boost checkout security : Use tools like CVV matching and address verification. Plan for returns : Prepare for fraud associated with returns and chargebacks. Small business owners and online merchants should take note and look to implement these on their websites to protect themselves over the upcoming busy shopping weeks.  By implementing these strategies early, businesses can enhance security, reduce losses, and ensure customer satisfaction. Considering your payment technology is also an essential part of this;  Taylor.io integrates fraud detection tools as standard, helping to prevent fraudulent activity while improving customer trust and checkout experiences.  Read more on Kount’s blog   here  and get in touch with Taylr.io here.

Introducing a new payments newsletter for developers and e-commerce professionals. The Launch of Taylr.io in 2024 has been really exciting, and we've found that there is so much the payment industry could do better… like better communicating with the merchants and customers this industry relies on. For this reason, Taylr is putting together a monthly newsletter for the developer community and e-commerce professionals who need to know what is happening. We will summarise what we see at the events we attend, highlight any major developments, link to interesting industry articles, and occasionally offer our opinion on the state of industry's. No niche news you'll find on industry specialist websites - just the headlines that might affect your business, curated by our team for your benefit. Sign up for news, stats, and analysis and be the first to know about product updates from Taylr.io .

Firstly, what is a payment gateway? Let’s simplify this by calling it something you might have heard of - a plug-in.  In the context of WooCommerce , a payment gateway is a plugin for your WooCommerce website that allows you to take payments for goods and services on your website.  You might have heard of some of the most popular gateways , such as Stripe, but others, like  Taylr.io, are offering an alternative, affordable WooCommerce payment solution for small—to medium-sized businesses.  Why should I use a payment gateway or plugin with WooCommerce? How do I collect payments from WooCommerce? You need a payment integration if you want to make money from your WordPress website by selling goods and services through online transactions. A good payment plugin will consist of the following: A seamless checkout Anti-fraud measures Access to multiple payment methods, including credit and debit cards, Apple Pay, Google Pay, open banking and cryptocurrency WordPress or WooCommerce will, by default, direct you towards their proprietary payment technology, WooPayments. However, there are many different gateways and plugins that you can use on your website that are just as good and cost less . Should I Use WooPayments, and what is the advantage of using a payment gateway or plugin instead of WooPayments?  You might wonder if there is a better option than WooPayments and what the best payment integration is for WordPress / WooCommerce websites. Let’s investigate… WooPayments are great, but there are advantages to using a payment gateway like Taylr.io .  For examples: Low costs of transactions Customized payment set-up for your customers  Better access to customer service Anti-fraud technology built-in Ultimately you need to make sure you choose a payment plugin that works for you and your business. We previously wrote about what SMEs should consider when selecting a payment provider in this blog post .  How much will it cost to use a WooCommerce payment plugin?  Costs can vary wildly between different payment integrations and plugins, so you’ll want to research your options before signing on the dotted line with your payment gateway.  You will need to take note of the below considerations when it comes to payment technology prices: What is the set fee per transaction?  What is the service charge? What is the % fee per transaction?  What payment options do they provide to my customers? Ultimately, you want to speak to someone who can explain the fees, what they mean for your business, and how your transaction volumes might impact the overall cost.  At Taylr  we believe pricing should be transparent , and we’re always open to discussing it with our customers and potential customers.  Are there free ways to take payments on a WooCommerce or WordPress site? There are Core Payment Options , which are free payment methods built into WooCommerce. These include Cash on Delivery, Check Payments, and Direct Bank Transfers (BACS).  While these might be useful   for certain businesses, they’re not appropriate for scaling an e-commerce business that   needs to take online payments . What must I consider when choosing a payment technology provider for WooCommerce? We wrote a whole blog post about what you need to consider when choosing a payments partner - have a read of it here , and we’ve summarised and linked to the top considerations below:  Ease of integration into your website Levels of customer support Scalable and transparent pricing Anti-fraud integration Data exports and reporting for transactions and refunds What questions to ask  when I need a better payment provider How do I integrate with WooCommerce?  There are many ways to integrate payment technology into your e-commerce website, whether you want to go for a custom form or an easily integrated plugin, which WooCommerce allows.  We won’t go into the nuts and bolts of integration now, but if you’re interested in learning more, or want to know how Taylr integrates with your WooCommerce website, just get in touch and we’ll happily talk you through the process.  Can I take payments for subscriptions using Taylr’s WooCommerce integration? Yes you can! If your website model includes subscriptions, that’s fine.  When you set up an account with Taylr, we will discuss how and when you need to take subscriptions. We will then show you how to set that up. It's super easy, as it should be.  About Taylr Meet Taylr.io - better payment technology. Taylr.io  is payment technology for small and medium e-commerce businesses, working with the top payment technology providers to deliver exceptional payment experiences for your customers. Pay as you grow, with scalable payment technology and   transparent pricing  to ensure merchants get value for money. Integrate our payment technology into your website now, and experience better customer support throughout your journey with us.

Switching payment providers – is it as scary as it seems? Whether you’re an existing business thinking about switching payment providers or setting up payments for your e-commerce business for the first time, it can be a daunting process, with many considerations coming into play.  This guide is to help you understand the process of switching from one payment provider to another (like Taylr.io , for example), so you feel comfortable and confident moving forward. In this guide to switching payment providers, you’ll find: Three reasons why merchants might want to switch payment technology provider What is the best payment technology plugin for my website?  How long does it take to change payment technology provider? Will I lose any functionality if I switch payment technology partner?  Should I switch payment provider? What is the best payment technology platform? The advantages of switching to Taylr If you need to talk to us at any point in the switching process or just want some advice, get in touch . We’re you’re payment technology partner, here to help you get the best merchant experience for your online business.  Three reasons why merchants might want to switch payment technology provider Reason #1: Keeping up with the Joneses… The way consumers pay is changing fast. Visa has stated that payment technology has changed more in the past five years than it has in the past thirty years. This is a genuine sentiment as we have seen the rise of Apple Pay, Wechat Pay, Open Banking, Buy Now Pay Later, and even cryptocurrencies in everyday spending.  The question to evaluate here is: What are your consumers using to pay, and are you and your current provider able to offer it to them?  Statistically, 60% of consumers abandon a basket if it does not have their preferred payment method. If your provider does not have an answer to this, then you should review moving; this will cost you conversions. Reason #2: Poor customer service Being with bigger payment technology providers can be like being ghosted by your boyfriend/girlfriend/business partner when the going gets tough. Firms spend a lot of time making merchants feel really good when they’re bringing them on board, but when business owners need help and assistance, they can be very tricky to get hold of. At best this can leave merchants feeling confused, and at worst, without a payment method, leading to a loss of revenue. Reason #3: Price Did you know 78% of SME merchants have never attempted to negotiate with their online payment provider? Some are paying far higher rates than bigger companies, giving the competition an edge right from the get go.  In addition, many SMEs don’t actually know what they are paying. The advertised rate is not always the whole story and it is important to ensure that you are not being hit by hidden costs. Price should play a large factor in which payment provider you choose to go with and working with a payment technology provider who can reduce the amount of fees and charges you pay can massively impact your bottom line. Learn more about Taylr’s pricing model here. Reason #4: Fraud and false declines Winning a customer and getting them onto the checkout is only half the process - the next part is converting the sale and making sure the payment goes through seamlessly. False declines can impact revenue, and for every £1 lost to fraud, merchants lose £30 in false declines.  The ramifications are enormous - merchants need to trust that their payment software is robust and can effectively root out fraudulent payments and accept genuine ones, or they risk losing revenue to competitors.  Our technology partners, with their market-leading expertise in fraud prevention, give you the peace of mind you need to get back to running your business.  What is the best payment technology plugin for my website?  In order to make setting up a new account easier it is important for a payment provider to have a ‘plug in.’ A ‘plug in’ is a piece of software that ‘plugs into’ your website so that you can enable payments. It is pre-built and has everything that you need, making a developers life really easy. Taylor and our partners have built plugins for the biggest ecommerce platforms in the world, including WooCommerce, Magento, Prestashop, Big Commerce.   But if you need something different or more customised, chat to us  about how we make it happen, as we've got plenty of options for you. How long does it take to switch payment provider? First, you’ll want to take your time and research different options and find the right service for you - if you’ve landed on this page, you’re headed in the right direction! The first thing to do, when you’ve decided to come on board with Taylr, is to book an introductory call or send us an email on this page, so we can talk you through what you need.  Usually, it takes merchants around 3 days to onboard with us. If you sell high-risk products, such as CBD, Gaming, Gambling, it might take a little longer, but we'll take you through it.  ​ We (and other payment technology providers) have instant plugins to get plugged into your site) but if you’re building something a little more customised, you’ll want to plan in the development time with whoever manages your e-commerce transactions or website to make that happen. Managing change and moving suppliers can be overwhelming, so you can pick up the phone or email us at any time. Our team will guide you through the integration process, making it a smooth and hassle-free experience, getting you up and running in no time.  What is the cost of switching payment provider? We can’t speak for any other businesses, but it costs nothing to get set up with us. Our pricing is competitive and we’re open to discussing with you.  Will I lose any functionality if I switch payment technology partner ?  The last thing we want you to do is lose any functionality or payment types! If anything, we hope to give you more.    Our technology is focused on a brilliant website checkout experience that reflects how your customers want to pay. ​ We can provide the payment tech for: E-commerce checkouts Payment requests and links Subscription payments and recurring transactions Virtual Terminals and Pay-By-Links We can help you take online payments using: Digital Wallets such as Google Pay/Apple Pay/Paypal Open Banking Credit and Debit Cards Crypto-Currency payments and other alternative payment methods You can always introduce us to your development teams to help with the process and ensure there’s no downtime when you move from another payment technology provider, such as Stripe or Opayo, to Taylr.io . Should I switch payment provider? If you're here, you're might trying to find an alternative to your current payment technology provider, whether Stripe, Opayo, Barclaycard or otherwise.   This could be because: you've been suspended from their platform and need to get back to selling quickly You got lots of attention when you signed up to the service, but now you're a customer, it's proving challenging to speak to a human being about your issues you want to save money on your transaction rate you want a more customised payment experience for your own customers We can’t answer the question for you specifically because every merchant is different and has different needs, but talk to us , and we can chat about your options.  What is the best payment technology platform? We’d love to immediately say “Taylr!” but the truth is, the best option for your business is the one that integrates seamlessly and does everything you need. For some businesses, it’ll be the platform that saves them the most revenue per transaction, and for others, it’ll be the one that reduces their fraud and false declines.  We hope we’re a good fit for you and can help you scale your business, so talk to us about what we can do for you.  What are the advantages of switching to Taylr.io ? The big companies might see you as just another small business merchant, but we don't. You're not just a number in the system. We see you as our partner, working together to create the best experience for your customers.   That means you can chat to us any time about your payments tech, and our industry experts will be on hand to advise you every step of the way.  About Taylr.io We're the alternative to the big names in payment technology, and we're here to give you a better e-commerce experience. Taylr.io focuses on getting merchants online and taking payments quickly and seamlessly, with our SME-focused payments technology.  Learn more Get in touch