From security to coverage: seven things sellers need to know about payments

There’s a lot to get on top of when it comes to the subject of payment systems – but these seven must-knows are a great primer for any SME

“Kerr-ching” – the sound of an old-fashioned cash register symbolises that magic moment when a customer taps, swipes, clicks or phones in a transaction and a sale is made.

But with an ever-expanding roll of payment methods for online, mobile and physical storefronts, and an intricate web of software systems involved, the process behind that metaphorical sound of success gets more complex by the day. Finding a seamless payment system that takes care of the process while leaving the seller to get down to business is crucial.