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Appy days

26 June 2017

Small traders could soon be able to take card payments from customers with an app on their phone, rather than via a card terminal.

Worldpay, a FTSE 100 company, has launched a pilot scheme to help mircobusinesses with their payment processes. It means instead of having to buy and operate cumbersome hardware businesses will just need to download a free app.

The downside is that those using the app will only be able to accept payments of up to 30 as this is the current ceiling for contactless card transactions.

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