COVID -19 Impact on UK Merchants

Even before the COVID-19 pandemic, the UK market saw a huge shift in consumer purchasing habits, from the boom in eCommerce, to increasing retailers and consumers opting for ‘buy now, pay later’ payment methods such as Klarna and ClearPay. The pandemic has resulted in the rapid acceleration and ultimately solidification of the domination of online retailing not only in UK markets, but worldwide, with alternative and online payment solutions becoming preferred methods.  The...
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The Impact of Brexit on Merchants

Brexit and the potential impact of it on UK merchants has been a focus of speculation since the referendum in 2016. Here we are in 2021 and Brexit is a done deal, but just what does it mean for UK merchants?   In a study by Arlington Research in November 2020, only around 54% of UK merchants said they were fully prepared for Brexit, leaving a large number unprepared. This lack of preparation was likely held back by the...
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