50% Of Small Businesses Look To Change BankA survey of 20,000 high street businesses has shown that 50% of them are actively looking to switch card processing services to a better deal.
By: Anthony Blair Small owner managed businesses are particularly concerned with the cost of card processing services, considering it an unchecked tax of sales. Despite recent trends in the market UK business owners believe that banks are not under enough pressure to lower the cost of card processing transactions or the monthly cost of terminals. James Wilson, Head of Marketing at business services company XLN Telecom, which has over 125,000 micro business customers said “We’ve worked hard to help our customers save money on their phone bills, with low cost line rental, calls and broadband. After phone costs the next big concern for small businesses is how to cut this tax on sales. We’ll do our best to help them” About XLN XLN is a provider of business services to UK SMEs and is committed to providing highest customer service levels to the UK’s small business community. Founded in 2002 by Christian Nellemann, Group CEO, XLN is now the UK’s largest independent provider of telecom and related business services with over 125,000 business customers across the country. In 2007, XLN was ranked as the highest placed telco company in The Sunday Times Tech Track and was listed for a second consecutive year in 2008. In 2009 XLN achieved CarbonNeutral® 2010 has seen XLN win a range of awards including a Global Business Excellence Award, a Best Company Award and the British Venture Capital Association award for best private equity backed management team. Christian Nellemann has been awarded the Ernst & Young Entrepreneur of the Year twice – as outright UK winner in 2006 and London & South region winner in the Business Services category. # # # About XLN XLN is committed to providing the lowest cost telecom services and highest customer service levels to the UK’s small business community. End
Page Updated Last on: Jul 21, 2010
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