Its platform can handle fundamental aspects of subscription services, such as recurring billing and invoicing. Payline Data is ideal for subscription-based businesses because of its variety of features tailored to meet the unique needs of these models. Learn more: Read our full review.īusinesses seeking a secure, flexible payment gateway that effectively combats fraud. These features go beyond processing payments and offer businesses flexible tools to handle customer transactions. Recurring payments, digital invoicing and account updater are among the multiple payment types and features supported by the platform. Both plans come without setup fees and have reasonable per-transaction costs.

The former includes a merchant account while the latter is ideal for businesses that already have a merchant account. The two types of plans-All-in-One and Gateway-Only-cater to different business requirements. This service also appeals to businesses because of its pricing transparency and flexibility. The proactive nature of AFDS is ideal for businesses of any size, making it an important tool for minimizing fraud-related losses. With these, businesses can set minimum transaction thresholds, payment velocity settings, geographic limitations and more, giving them more control over transaction authenticity. Leveraging data from years of transaction processing experience, this suite comprises 13 fraud filters that can be personalized according to business needs. Apple Pay Cash is nice in that it’s a p2p system that works across all banks, and isn’t run by a weird third party nobody has heard of (ergo, Venmo, Cash App). excels at fraud prevention thanks in part to its Advanced Fraud Detection Suite (AFDS). There’s Zelle, which is kind of a direct bank to bank transfer system, but your bank has to opt-in, and it’s owned by an interesting group of banks, and it’s not universal. The two biggest p2p money services are Venmo (PayPal) and Square Cash (Cash App), neither of which are official and just kind of run on top of the existing debit card network. In the US, the only “direct” way to send someone money, bank to bank, is through ACH, which is slow and cumbersome.

So, i think there’s a reasonable chance that we will see Apple Card coming here, and that we shouldn’t read too much into the silence around Apple Pay Cash. And, as others have said, Apple Card provides some features that are new to the UK credit card market. Whilst I was interested in Apple Pay Cash (because Apple!), i’m not sure it was going to be that useful.Īpple Card, on the other hand, represents Apple (and Goldman Sachs) moving into a huge, new market. We don’t need a third party to create two pseudo bank accounts for us, I transfer my money to mine, Apple manage the transfer, then you transfer your money into your real account. If I want to send you money, I’ll send it from my bank account to yours - it’s easy.

Apple Pay Cash shouldn’t really need to exist here. This is partly speculation on my part because I don’t know the US market that well, but was the need for Apple Pay Cash greater in the US than here? We already have Faster Payments, PayM, etc. I’d be excited if it was being offered here, but like Apple Pay Cash, suspect it will be a long time before it comes, if at all. I hope Monzo introduces a credit card (which would inevitably have these features), but if not I expect Jaja credit card will be a good option and perhaps Starling will have released a credit card too.

Whilst we don’t really have this with existing credit cards (perhaps Tandem is an exception?) I expect by the time Apple Card comes to the UK we will have a few compelling cross-platform options that already provide these features. I do like the look of the spending visibility/tracking features which are reminiscent of what we have in the UK with some debit cards (e.g.I prefer cross platform services in case I wish to switch platform in the future. Even though I am currently an iPhone user I tend to avoid Apple services as they tend not to be cross platform.If it gets released in the UK I don’t think we will get anywhere near the same level of cashback rewards as you will get in the US.I suppose I’m probably really in the minority since most of the Monzo community is from the UK, but is anyone else actually really excited to get one of these?

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