Contactless Payment Readers
Contactless Payments: How Fast Can You Process a Sale?
If you’re a quick-service retailer, here’s a way to lower your costs, save time on every sale, and increase customer satisfaction.
Contactless Payments can help you process credit cards faster. If you deal with lots of small tickets while your customers wait in line, this can make a significant difference.
When you offer Contactless Payment terminals, your customers just tap the terminal to pay for their purchase. A secure minicontroller with a built-in antenna and internal memory works with smart chip technology.
Your customer’s card doesn’t need to make a physical connection with your credit card terminal. Since the card doesn’t switch hands, and there’s no signature involved, you can move the line more quickly.
With Contactless Payments, Time is MoneyThis "tap and pay" system works great for convenience stores, fast-food restaurants, movie theaters, drug stores, and gas stations.
Most customers appreciate the extra speed and convenience. As a result they may favor your business over that of a competitor.
Customers aren’t even limited to credit cards. The smart chip technology that powers Contactless Payments can fit into watches, key chains, and almost any kind of handheld device, such as a mobile phone.
In fact, many large companies are working with the major banks to create specialty Contactless Payment devices, such as key chains with a football or basketball team’s logo.
It’s Easy to Accept Contactless PaymentsThe technology that drives Contactless Payments is more functional and sophisticated than radio frequency ID (RFID) systems. It’s designed to be more secure and smarter. But despite the technical complexity, setup is relatively easy if you have a major POS terminal provider.
Contactless Payments are already common in many parts of Asia. There have been more technical issues to resolve in North America, but the technology is catching on.
Most of the major banks that service merchant accounts are equipped to allow you to process Contactless Payments. The biggest barrier is the chicken-and-egg problem: Consumers won’t use Contactless Payments unless a lot of retailers accept them, while retailers won’t accept them unless enough consumers are using them.
But if you’re among the early adopters, you could harvest a huge windfall in prestige and popularity.
At Ensight Merchant Services, we want you to have the best, most up-to-date tools available for your business. Contact us at 1-866-377-2292 and ask about our plug-and-play Contactless Payment devices.