Wonderful blog

The Wonderful team writes about Open Banking payments technology: from cost savings, security and settlement improvements, to third party integrations, fintech regulation and mobile apps.

For a small business owner, payment systems play a crucial role in improving cash flow and they also offer the potential for dramatic savings on payment processing fees. Let’s look at how the choice of payment systems impacts UK small businesses.

Getting paid is killing SMEs

For small businesses in the UK, survival often hinges on cash flow. Prompt payment of invoices is crucial. Every penny counts and the time to settle can make or break a business. Let’s shed light on timelines involved in card processing settlements, and crucially, demonstrate a better way.