The number of card payments are continuing to increase year on year, so if your business doesn’t have a contactless payment terminal, you’re missing out.
1. Enhanced security
Payment terminals are equipped with the latest security technologies to protect payment information. They’re designed to encrypt transactions and authenticate payments, making it much easier to prevent fraud.
2. Faster payments
Nobody wants to stand in a queue for ages while people fumble with cash. Payment terminals make things quick and simple, so you can streamline payments and serve more customers even during peak times.
3. Increased profits
Offering different payment options means you can serve more people, catering to the growing number of people who don’t carry cash. Customers are more likely to spend up to five times more when paying by card than by cash.
4. Reduce risks of fraud
More card payments means less time spent counting change and checking for counterfeit cash, reducing the risk of human error and the amount of cash deposit operations. Having less cash on the premises also reduces the risk of theft.
5. Better customer experience
Payment terminals keep up with fast-paced modern life and increase customer satisfaction.
They reduce the hassle of paying for shopping and prevent customers from being caught short if they don’t have the right amount of cash with them.