back Back

Why British e-commerce SMEs fear switching payment providers?

By Puja Sharma

March 14, 2022

  • AI
  • banks in UK
  • Ecommerce
Share

  In the last two years, a third (34%) of UK SME e-commerce merchants have switched Payment service providers and a further 37% have considered switching. The main reasons for switching, or considering a switch, are cost, complexity, and poor customer support, but several factors prevent switching. One of the fastest-growing payment service providers in […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

March 11, 2022

The Weekly Wrap: all you need to know by Friday COB | March 11th

Read More
Next Article

March 14, 2022

Here’s why Indian women prefer Aadhar-enabled payment systems

Read More








Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

March 01, 2024

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

February 28, 2024

FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

February 27, 2024

Saudi Arabia’s FinTech market poised for exponential growth: vision 2030 sparks innovation surge

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023