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09.10.2020
EE announces its partnership with Square

EE announces its partnership with Square to help UK small businesses securely accept contactless mobile payments, anytime anywhere.

Available now, the partnership will give EE's small business customers access to a free Square Reader, with fee-free processing on their first £1,000 of card transactions in person, online or over the phone. With Square, customers can accept touch-free payments in-person and online, quickly and securely.

As small businesses look for an accessible way to accept card payments anywhere, EE is helping with a simple way to get started. With this offer EE small business customers can:

  • Sign up to Square in a few minutes and accept payments the same day.
  • Create a professional, free online store with Square Online.
  • Take orders over the phone and send invoices to get paid fast.
  • Pay only when you process payments (1.75% for all in-person transactions including Visa, Mastercard and American Express, 2.5% for keyed in and online transactions).
  • No hidden fees, no long-term commitments.
  • Get paid next business day as standard to optimise cash flow.

According to recent research by Small Business Britain and BT Skills for Tomorrow, the coronavirus pandemic has prompted SMEs to embrace more digital ways of working. Over half (51 per cent) of UK’s businesses are moving online to better engage with their customers; 44 per cent are selling more of their products online; and 26 per cent have increased their use of contactless payments. As a result of this shift, 43 per cent expect their use of digital tools to increase in the future. Square's own research reveals that fewer than one in four payments are being made in cash – approximately half of pre-Covid-19 levels - as businesses and consumers alike look for contact-free ways to pay.

Source EE; viewed: 36 times.

By:
Adam Łukowski




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