Payments News
PayPal QR Codes launched in 28 markets for cash free payments
PayPal have rolled out the ability to use PayPal QR Codes to buy and sell goods in the UK and 27 markets around the globe. From local takeaway coffee shops to selling second-hand goods - the rollout of the QR code functionality in the PayPal
Coronavirus Job Retention Scheme rules relaxed
The Coronavirus Job Retention Scheme rules have been relaxed to take into account employees who only recently joined the company they work for. Coronavirus Job Retention Scheme - Who can claim (Rules as per 9th April) You must have: created and started a PAYE payroll scheme on or
$2,500 PayPal fine for breaking PayPal Acceptable Use Policy
PayPal have published updates to the PayPal User Agreement which will come into effect on the 16th of June 2020. The most surprising change is PayPal commercial users will have to agree to a $2,500 PayPal fine if they break the PayPal acceptable use policy,
PayPal Business Financing Merchant Assistance Program
PayPal have quietly launched a PayPal Business Financing Merchant Assistance Program offer a 30 day pause on repayments on PayPal Working Capital Loans. If you would like to access this then you'll find it by logging into your PayPal Working Capital account. There will be no
UK retailers to accept new £45 contactless limit
Barclaycard, the payments provider that sees almost half of the nation’s credit and debit card transactions and provides the technology to power over 150,000 terminals across the UK retail sector will be rolling out the deployment of the new £45 contactless limit across UK retailers
How to optimise cash flow to support international growth Webinar
SellerFunding and Department for International Trade E-Exporting Programme Team are running a webinar on Thursday the 26th of March to discuss how you can optimise your cash flow to support your international ecommerce business growth. Running out of cash just as your businesses is growing
VAT Making Tax Digital Changes 1st April 2020
From the 1st of April 2020, the so called 'soft landing' period for VAT Making Tax Digital ends and you will need to have fully digital records and VAT return submission to HMRC in place. The reason this is important is you could incur penalties
Less than 48 hours left to process PayPal refunds for free
You will want to be extra assiduous this week in processing all your PayPal refunds before Thursday. As of Thursday the 5th of March 2020 PayPal will start to retain all fees from transactions that you refund. Since 2011 PayPal amended their terms and decided to
eBay UK Managed Payments Q&A
Since the news broke about eBay Managed Payments there have been a lot of questions which we are gathering together in this post as an Managed Payments Q&A. We don't know the answers to everything and, even where we've sourced an answer from eBay Payments information