Despite the facility to improve revenue and de-risk bad debt there are still many small businesses and tradesmen who do not offer a card payment facility which increasingly restricts trade because customers increasingly want to choose how they pay for goods and services.

Alarmingly this unnecessarily exposes businesses and a growing number of Tradesmen to potential bad debt.

This issue was highlighted in the Financial Mail on the 21st August 2016,

See article:-

http://www.thisismoney.co.uk/money/smallbusiness/article-3750810/Late-payment-cause-one-five-insolvencies-costs-sole-traders-8bn-year.html

Businesses urged to use Chip & Pin to de-risk their businesses against bad debt