Monthly Archives: November 2014

Over £7 billion lost by UK SMEs in missed payment opportunities

November 7th, 2014|

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to reach from Barclaycard.

SMEs are losing out on £7.5 billion each year by not offering customers alternative payments.

Despite three-quarters (74.5%) of all retail transactions across the UK now being […]

Software Company Sunduka and EPS sign Partnership Agreement – Cardu Mobile Card platform expands to five new countries

November 7th, 2014|

Finnish software company Sunduka Ltd and Baltic electronic payment solutions provider EPS LT, UAB have signed a comprehensive partnership agreement to distribute Cardu Mobile Card platform platform and provide related services to business customers in five new countries; Lithuania, Latvia, Estonia, Belarus and Ukraine. The cooperation with strengthen the competitiveness of both companies and serve to […]

Preparation for euro: information for companies which accept payments by payment cards

November 7th, 2014|

Dear clients,

After Lithuania introduces euro on 1st of January, 2015, the possibility of using the electronic payment card readers (hereinafter – POS terminal) will be limited to those which are adapted to accept payments in euro and synchronized with other accounting equipment. POS terminal will accept payments by cards in litas until 31st of […]