Source and Methodology:

Definitions:

Term Definition
Start Merchants that land on Tuza and input their card turnover
Sign Up Merchants that share full company and contact details sufficient for us to generate rates
Board Merchants that complete the comparison process, select a single product and checkout
Low Value Merchant CTO <£100k
Medium Value Merchant CTO £100k-£500k
High Value Merchant CTO £500k-£1m
Very High Value Merchant CTO +£1m

A growing number of business owners are switching, and looking to do so digitally

Digital onboarding is demanded by merchants who historically haven’t had access to it

Merchants expect to see bespoke prices, and understand the notion of risk-based pricing