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What is 'Pay at Pump'

Pay at the pump means paying for petrol at the pump itself, instead inside the petrol station. It's set-up that allows you and your Expense Card holders to pay for petrol at fuel pumps, using a Tide card. Payments can only be made with Chip-and-PIN, Apple Pay or Google Pay - you cannot make a contactless card payment at the pump.

Invoice discounting is structured like a loan, with interest payable plus an administration fee.

Invoice factoring charges are known as a ‘factor rate’, which is based on level of risk, volume of invoices, and the time credit is extended for, amongst other factors.

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