As our society changes the way we think about our social interactions, many of the new behaviors we are now practicing are now becoming the new norm. Consumers are using contactless payments more than ever before. Purchases and personal transactions between friends and family members are now being done electronically through mobile payment terminals, such as tablets, or contactless payment terminals.
The use of contactless payment terminals for point of sale is growing exponentially, the good news is contactless payment terminals offer much more than better hygiene. With the ease-of-use and convenience for your customers, this technology will also increase sales, decrease costs and improve checkout times.
Why Are Contactless Payment Terminals the Solution?
Contactless pay terminals give your customers the option of using a card without the need to insert a credit card or touch the point of sale payment terminal at checkout. They also have the added advantage of reducing lines and increasing productivity. While the benefits of contactless technology in a social distancing world are obvious, contactless payment terminals also increase efficiency, shrink checkout lines and have customers satisfied with their experience, even during peak shopping times.
What Are the Benefits of Contactless Point of Sale?
Here are more benefits:
- All major banks offer contactless credit and debit cards
- Contactless payments are more secure than other forms of payment
- Expand consumer choice by accepting any preferred method of electronic payment
- Reduce checkout total cost of ownership while driving incremental sales
- Reduces the spread of germs due to lack of direct contact
The Basics
A contactless payment terminal accepts various types of contactless payment, such as credit cards, debit cards, Google Pay, Fitbit Pay, Apple Pay, Android Pay and other means through the use of Near-Field Communication (NFC) or Radio Frequency Identification (RFID).