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Types of bank charge

monthly account charges Banks may charge their customers a fixed monthly charge for the provision of the account. In the UK, this was not common practice until the 1990s when banks began to introduce this type of bank charges as a means of product differentiation – often offering additional services bundled with the bank account [...]

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Fair trading news for your business

Finance market is thwart with over complicated procedures, under staffed processes and topical debates that rage on for many months. So relating the current finance market to the evil twin of Robin Hood would be their personal approach. With the latest news on the FSA (Financial Services Authority), FOS (Financial Ombudsmen Service) and the MOJ [...]

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Credit card terminals

A Credit card terminal is a device that can do transactions with a debit card or a credit card. Several types of credit card terminals are available to merchants. Most have the same basic purpose and functions. They allow a merchant to swipe or key in required credit card information and transmit such data to [...]

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