What does AER mean?

AER stands for ‘Annual Equivalent Rate’ and is the interest rate for a whole year, assuming that interest payments within the year (monthly in the case of a Tide Instant Saver) remain in the account and contribute to future interest payments. Simply put, AER is the interest rate including compounding. AER makes it easier to compare different savings accounts on the market and understand which one might be the best fit for your business.

Instead, select: ‘Payment’ > enter the price > ‘Continue’, directly on the terminal.

Your customer can tap or insert their card, and the payment will land in your account within 3 business days. 

If you prefer, you can use the Tide app to take a payment with your card reader, too.

In the app, tap: ‘Get paid’ > ‘Take a payment’ > enter the price > ‘Take a payment’.

After your customer taps or inserts their card in the terminal, the payment will land in your account within 3 business days.