Thursday, May 7, 2020

Accepting Card Payments Can Help Your Business to Grow

Based on research, around three million UK small businesses don’t use a card machine. Yet we can say that Britain is rapidly heading towards a cashless economy thanks to an explosion in card use.
And, now Cards are the preferred payment method in 78% of retail sales. Cards and card machines have made transactions faster and more convenient than ever,
According to several pieces of research, if you are accepting card payments you signal something positive about your business. Because this can have a positive effect on your bottom line. Customers make more impulse purchases especially when customers know they’re not limited to the cash in their pocket.
In fact, even displaying credit and debit card acceptance logos on your business cards or sites, and having a Mobile Card Payment Reader can help to build a sense of trust between business and consumer, and in itself can increase spend and custom.   
Along with growing demand, Customer convenience is a compelling reason to accept card payments. Plus, there are several benefits of using a card machine:
  • Improved security
You’ll hold less cash on your premises by accepting card payments, which further reduces opportunities for fraud and theft. PIN and Chip technology, Payment Gateways, and 3D-Security are just some of the security measures that protect card transactions.
  • Guaranteed payment
When a customer pays using cards you definitely receive payment even without any disputes.
  • Speedy service
Card transactions are faster than counting cash. Hence it means more custom, shorter queues. What’s not to like?
  • Helpful extras
With card payments, you can get the performance reports in an instant, and it let you monitor all your transactions from a single dashboard; ensure you never have to worry about till roll replacement, and more.
Looking for Card Payment Solutions UK for your business?  Contact Infinity Pay. They offer a wide variety of payment solutions, products, services tailored specifically to your business, regardless of the size or the industry you’re in.

For more information, visit- Infinitypay.co.uk

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