Scrapping Cheques will be Expensive, Warn Business Groups

Business groups have warned that the UK Payment Council’s plans to scrap cheque payments will prove expensive for small firms. Business owners will be left little alternative but to rent or buy a chip and pin card machine to take non-cash payments. The Federation of Small Businesses (FSB) commented that expecting small businesses to spend hundreds of pounds per year on a card reader is “not on”.

For more information please read the full story on is4profit: http://ow.ly/1xRxC

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