Consumers Credit Union’s Post

A sign at a barbers shop in London. It’s not just barber shops that are tired of having their profits cut by Visa and Mastercard. Which is why those Card Schemes want to make the UK “cashless”. They don’t want barber shops - or any other businesses - to have the option of accepting cash and keeping 100% of the value of their sales. Nor do Card Schemes want the British public to have the option to use cash. Unfortunately for those Card Schemes, our plan is that a UK Payment Choice Act, giving the public the right to spend their cash, when and where they choose, will come into force before the end of 2025. Until then we - the British public - can certainly do as this barber asks - and scalp Card Schemes huge profits - by paying cash as often as possible. Payment Choice Alliance

💈💳 Interesting insight from a barbershop in London! It’s not just barber shops that are tired of having their profits cut by Visa and Mastercard. I completely agree! The push towards a cashless society by card schemes like Visa and Mastercard can limit options for businesses and consumers alike. Having the freedom to accept cash means businesses can keep 100% of the value of their sales and gives consumers the choice to use the payment method they prefer. I'm excited about the prospect of the UK Payment Choice Act coming into force before the end of 2025. This act will give the public the right to spend their cash when and where they choose, providing a necessary balance in the payment landscape. And it's not just happening in the UK! Similar payment choice acts are being introduced by states in the USA, highlighting the growing movement towards preserving cash as a payment option. Until then, let's support businesses like this barbershop by paying with cash whenever possible. It's a small way to push back against the dominance of card schemes and ensure businesses and consumers have options. 💈💼 #CashIsKing #PaymentChoice #SupportLocalBusinesses

Inco Talent run club 👊 Seems like all #dtc brands in my network have a run club - so thought I’d start my own 😆 100% attendance with all Inco Talent staff joining in!!! Might have to rope in the Brookwood Recruitment Ltd team from now on… In all seriousness though, is this the secret sauce for developing a community? With so many brands now opting for pop ups, activations & events - do you think this is the future of customer loyalty??? #dtc #ecommerce #supplychain #brand

It's 2024, and by now people expect more from a #dtc brand than a plain brown box. #Personalization is the new kid on the block and everyone wants to be their friend, but no one's sure how to approach them. Well, we're here to help. We've built a guide that compiles all you need to know about personalizing your brand's #unboxing experience. From the basic concepts you'll need to get familiar with, to the way of applying them correctly to your experience. #Unboxing is here to stay, start building your experience and taking care of your customer base. You won't regret it. Read more here: https://hubs.ly/Q02TPx7F0

I had a great customer experience with my local appliances store. Yesterday I placed an order for new kitchen appliances. In the lead up to my placing the order, staff were very knowledgeable and offered great advice. Any queries I had over email were responded to promptly. Today I opened my inbox and the store was able to redeem a recent promotion. I've received a $200 visa debit card to use anywhere. As a business you can surprise and delight customers. It doesn't have to be a financial reward but perhaps you can deliver extra value in a different way. Your customers will become advocates about your products and services. What has your business done to deliver extra value for customers? #customerexperience #business #value #customer Xperia

In a recent video, the importance of a strong name in safeguarding a business against copying was emphasized. The example of Clubcard highlighted how a weak name can fail to function effectively as a trademark, leaving businesses vulnerable to competitor imitation. Using TESCOCARD as a more robust name could have better preserved Tesco's differentiation strategy in their loyalty card scheme. But, is there an even better approach than TESCOCARD for preventing copying? This issue is crucial, especially when patent or IP protection is unavailable to sustain a business's advantage. Get more insights in the video: 👉 https://lnkd.in/dZ6gP3_m #Differentiation #Clubcard #BrandStrategy #Trademark #BusinessTips #Innovation #Marketing #CompetitiveAdvantage

CCC is now powered by News Exposure!

How to redeem American Express Membership Rewards for maximum value

What sets the best products apart in the industry? A FREE TRIAL! In retail and hospitality, seamless payment processing is crucial. That's why at Dojo, we're so confident in our solution that we offer a 30-day commitment-free trial*. No other card merchant provider can say the same. Think about it—would you buy a car without a test drive? Dealerships that don’t allow test drives lack confidence in their product. The same goes for payment systems. 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐞 𝐲𝐨𝐮𝐫 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐬𝐲𝐬𝐭𝐞𝐦? 💼 DM / email adam.stanborough@dojo.tech or call 07572430373 to discover how Dojo can benefit your business. Try our terminals with no commitment—experience the difference first hand. * T&C Apply #RetailTech #HospitalityIndustry #PaymentSolutions #BusinessInnovation #PaymentProcessing #CardMachine #GetDojo #Dojo

Great example great business insight visualization from some my #visa colleagues. I also can’t help seeing a textbook indirect highlight of the critical difference between “actions” (e.g. going to see the eclipse) and “outcomes” (e.g. locally increased T&E business activity/revenue), which are essential concepts for organizations managing by OKRs…