Processing Mobile Card Payments.
Mobile Payments.
The Ultimate Convenience.
These days, most everyone has a Smartphone, and most Smartphone users carry their device most everywhere they go. No surprise then that, mobile payments are being heralded as the future!
Is your business taking advantage of the change?
The Key Benefits
Security
Mobile payment apps are leading the way when it comes to security. Biometric authentication, using technology such as fingerprint recognition, gives customers peace-of-mind when it’s needed the most!
Convenience
The most obvious benefit of mobile payments is the ability to pay using a device that most of us carry with us, simply as a matter of course.
Efficiency
Many customers love shopping! But by the time that customer reaches the checkout, their number one priority is normally speed. Mobile payments involving a simple tap or a contactless scan of the phone are at least as fast as traditional card payments – and often faster.
Feature Integration
Loyalty reward programs can be integrated with leading mobile wallets, cutting down on the need to issue additional cards.
Making the Switch
For some businesses, switching to a new form of payment acceptance can seem a daunting challenge – but with expert guidance from a trusted payments provider it needn’t be so hard.We’ve put together the following information to help you make an informed choice in the best interests of your business.
Know Your Customer
Understanding the habits, needs, and expectations of your customers is key to understanding whether you need to accept mobile payments. For many customers, especially those among younger demographics, their Smartphone is a core necessity of their day-to-day life. These groups often represent the ‘early adopters’ who are among the first to expect mobile payment options.
Look at the Bigger Picture
When emerging technologies come through, it’s easy to get caught up in the rush to change, but the reality is that mobile payments will only form a part of any business’ transactions – and must be seen in that context.
Before making hasty decisions about which hardware and systems to deploy, consider carefully what will work best within the wider context of your business. The key is to select technologies that will compliment, rather than detract from, your existing payment operations.
Keep Your Options Open
As the tech giants battle it out to establish dominance in the emerging mobile wallets market, merchants must be sure to offer flexible, agnostic payment options. The key to this is choosing technology that supports the widest number of different payments – it’s the smart way to future proof your operations.
The Next Big Thing
The tech giants have identified mobile payments as the next big trend in consumer spending habits, and are rolling out innovative solutions to take advantage. Apple Pay, Android Pay, and Samsung Pay are all offering customers a new way to make faster, simpler transactions.
If you want to explore the potential for new and exciting options to make your business ready for the future, then talk to us today. Our experts are here to guide and support you through every step of the process.
- National Transaction Corporation
- February 19, 2023 | 2023-02-19