Where Can Your Small Business Use Contactless Machines?

There are a lot of tools available these days to help businesses cut costs and increase customer convenience. Contactless payment machines are one of the newest technologies helping small businesses to boost their profits and keep their customers happy. If you haven’t invested in one yet, now is definitely the time to consider it.

If you do invest in a contactless payment machine, where could it be used? Below we’ll look at some of the most common places these machines can prove invaluable.

Networking events

No matter what industry you work in, networking events can prove valuable not just for your profit margins, but for meeting new contacts too.

Contactless payments are becoming more popular with each passing year, particularly at events. The main benefit of using contactless payment machines at networking events is the speed. Your customers and clients can make payments quickly and easily, really improving your turnover.

It’s also more convenient for you, as you won’t need to worry about setting up a payment machine or turning away business.

Pop up stores

If you plan on temporarily using a pop up store, a rented contactless payment machine from Card Cutters is ideal. They’re extremely reliable, fast, and easy to use and they also provide the perfect solution for impulse buyers.

Pop up stores can help you target a new demographic, while helping to keep costs to a minimum. It wouldn’t make sense to invest in an expensive payment system when you only need it on a temporary basis, so a contactless payment machine is much more ideal.

Weddings

Wedding fayres are perhaps the most common place you’ll find contactless payment machines. However, you could also use them at your own wedding. Guests frequently prefer to give the happy couple a cash donation these days, rather than a gift. Therefore, providing a convenient payment method at the actual wedding will make it easier for them to leave a cash gift.

The above are just a few examples of where contactless payment machines can be used.  Overall, it’s not always easy to take payments on the go. However, contactless payment machines have helped make it much more convenient for businesses and customers alike. If you don’t have the money to buy one, there are companies out there which offer a rental service, helping you to save money while you make more money.

Author: Kar

Dr. Kar is in the Information Systems & Management area in one of the top QS Ranked universities of Asia/world. He has extensive experience in teaching, training, consultancy and research in Indian Institutes. He has published over 75 high impact research papers with hundreds of citations as per Google Scholar. He has also authored/edited a number of books. He is the Editor and Founder of Business Fundas.
Note: The articles authored in this blog are his personal views and does not reflect that of his affiliations.