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4 minute read
03/05/2017
If you want to grow your business and retain customers, having a streamlined payments system is key. Here’s how you can pick the best fit for your business.
Do you find it annoying when a retailer only accepts cash, or charges you to use your card? If so, you’re not alone. That’s why it’s so important to offer your customers a range of fair, easy-to-use payment options that don’t stop them coming back.
Up to 25% of people are more likely to reach for a card than cash, so adopting a digital payment system could boost your sales by 15%. It also makes mobile payments much easier. You can wirelessly connect from wherever you are, whether that’s a market stall, a home office or your own shop.
"heading heading--3"Benefits of adopting digital paymentsMake sure you never miss a sales opportunity with this guide. Follow these steps and you’ll be able to plan, select and explore digital payment options that fit your business.
First, select a supplier who makes it simple for you to adopt a new payment method. Look out for a telecoms provider that offers the following:
Most businesses will need to take face-to-face payments using a card reader. There are plenty of options out there – here are some of the most popular:
These technologies make customers’ lives easier – could incorporating them into your business bring you a quick win?
Don’t forget wearables – they can do many of the same things as smartphones, including contactless payments.
Compatibility with these widely-used platforms could be a game-changer for your business, enabling customers to complete purchase journeys quickly, efficiently and much more painlessly.
Finally, it’s no good having a digital payment solution unless you know how to integrate it well and use it properly. Once you have chosen your preferred method make sure both you and your employees spend some time learning how to run your digital payment solution correctly. Do it right, and you’ll create a more effective, streamlined, and painless experience – taking your business from strength to strength.