In 1849, the French writer Jean-Baptiste Alphonse Karr wrote “plus ça change, plus c’est la même chose “: the more things change, the more they stay the same … How do Retailers get paid? Retailers essentially exchange goods and services for cash, unless they are in the business of giving credit, but that would be …
Continue reading Looking Back at the Future of Merchant Payment Systems
Category:Payment Services
How did Tokenisation morph into a Card Scheme Scam?
Is tokenisation a force for payment good, or is it a scam?
Tokenisation might not be the most cost-effective answer to what is essentially a “manufactured” crisis, but it is the most profitable.
A series of vested commercial interests have managed to secure a return on initial investments in tokenisation technologies that might otherwise have been lost.
A Guide to Tipping in the Gig Economy
Tipping is a complex process, psychologically. It’s also a difficult process technically once you remove the convenience of cash. Here we work through the process of building a technological alternative.
PM Questions: VAT and dropshipping in the UK
PaymentMonkey questions about the impact of VAT rules on setting up a dropshipping operation in the UK in 2021.
What’s VAT got to do with DropShipping?
If you were starting out as a dropshipper last year, you probably weren’t going to be too bothered about the VAT-man … and the truth is that he probably wasn’t too bothered about you either. Collecting the tax was a bit fiddly and so he was only really going to be interested in you if …
Continue reading What’s VAT got to do with DropShipping?
How to implement VAT rules for dropshipping in the UK
I have asked some questions of my accountant and my accountant’s expert friends.
I am awaiting their response … once I have it I shall talk about it here.