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Cashplus Mobile Business Account Review
by What Mobile Payment
Posted on 21 January 2018
Cashplus Business Account - Business Mobile Payment Account
4.0 stars
The Good?
One of the best alternative mobile business accounts for business.
100% acceptance, links to your chosen Mobile Accounting provider.
Real time cash deposits and withdrawals at UK Post Offices.
The Bad?
Not able to pay cheques in or out.
You have to request a maximum balance larger than £15k.
Summary:
The Cashplus Business account is issued by APS Financial who were the first Prepaid card provider in the UK. They have over a decade of experience in the cards and payment space and have won many awards for their advances in the payment space.
The application process is very quick and it only takes a few minutes to know if you have been accepted and get your very own sort code and account number. A card is usually sent in the post within 3-5 days and you are ready to load your account and spend anywhere Mastercards are accepted.
You are able to setup direct debits and make faster payments in and out of your account so there really is not much difference to your normal bank account.
It is easy to use your account for linking to a merchant acquiring account allowing you to take card payments. You can also easily share your transaction information with your preferred mobile accounting platform.
Viewing your account is easy through the online servicing available via your computer or mobile phone and it's easy to see recent transactions enabling you to get an almost realtime view of your payments in and out of your account.
All in the Cashplus business account is a great alternative to your normal business bank account and as it is so fast and easy to apply and get up and running the annual fee is good value compared to all the fee's normally charged by your more traditional bank.
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