Research commissioned by Verifone shows how UK SMEs are modernising their businesses to deal with the huge demand from a digitally-savvy society. The report shows that more than a quarter (29%) of UK small and medium businesses now give their customers the option to pay using an app in-store such as Google Pay and Apple Pay.
- Almost a fifth (17%) of micro-businesses are also tapping into the trend and accepting payment apps to ensure a seamless, easy experience for their customers at the checkout.
- More than a third (38%) of small and micro businesses, and 44% of medium-sized businesses, now conduct payments with tablets and other digital devices.
- 45% of small and micro businesses, and 35% of medium-sized businesses say that transaction cost is a key factor when exploring payment solutions.
Nathan Gill, VP and Head of Solutions at Verifone.