Contactless payment processing has recently debuted the US. The term “contactless” refers to the fact that cards with this new feature don’t need to physically make contact with the card reader; rather than having to be swiped and keyed in, they can simply be held near a reader to pay. It works by using radio frequency identification (RFID), which has other popular applications in transportation ticketing and building access restriction.
Many of our clients are excited to employ this new payment technology, and with good reason.
Faster transaction time: no need to waste time swiping, signing, or typing a PIN.
Reduced wait times: allowing you to serve more customers.
Become their favorite: contactless card users may prefer retailers who accept contactless payments.
Greater foot traffic in your business: especially for the early adopters, there is the potential to attract those with contactless cards as new customers with appropriate advertising or window signage.
Increased revenue: studies indicate that consumers regard transactions of >$20 to be more acceptable when using contactless payments.
Improved productivity: contactless transactions require minimal intervention from staff at the point of sale, freeing up your employees for other tasks.
Still secure: contactless transactions use the same secure network as chip and PIN.
If you’re ready to take your business to the next level, connect with us and go contactless today.