Contactless Payments: Why Merchants Should Embrace Cashless Payments?

To make your business successful, responding to customers’ needs is unavoidable. If your business still only accepts traditional payments like cash, it may now be the time you embrace contactless payments and be ready for the future of cashless payments.

In a previous article, we covered reasons why contactless payments are even more popular after the pandemic. Speed, security, and savings are the key advantages for customers who use contactless payments. In this article, we are listing down the reasons why merchants like you should start embracing contactless payments.

1. Opening new doors to your business growth

In the competitive world of cashless payments, customers expect businesses to offer the convenience of contactless payments. Embracing cashless payments isn’t just about transactions; it’s a path to your business growth.

By adopting this technology, your business establishes itself as forward-thinking with the capability to shine with the evolving market trends. Apart from that, new tech-savvy customers will flock to your business, and that gives you a competitive advantage in the digital world.

2. Minimizing expenses and risks for business

Your business can benefit from decreasing risks and expenses significantly with contactless payment systems. Foremost, these are achievable by security enhancement, speed, customer convenience, and record keeping.

Next, the multiple security layers to deter unauthorized access, theft, and fraud make the contactless payment system a robust one. Additionally, it helps your businesses trim down expenses tied to security systems, such as cash withdrawal from the bank and cash counting.

3. Fostering stronger customer relationships

Creating customer profiles and tailoring their experiences is the key to any business growth plan. Since payments are a fundamental part of everyone’s life, understanding your customers’ spending habits is vital for fine-tuning your marketing strategies.

By introducing cashless payment options, you gain valuable insights into your customers’ spending behaviors. You’ll learn how much, when, and how they like to make transactions.

A deeper understanding of your customers enables you to allocate your marketing budget more effectively, yielding better results. In return, you can form a stronger connection with tech-savvy customers.

Making smart solutions accessible to Filipino SMEs

At Qashier, we understand that your business may be a newcomer who does not have much budget to buy the expensive Electronic Draft Capture (EDC), or ‘contactless payment’ sounds very technical and hard to understand. 

Qashier aims to make digital payments easy and accessible to Filipino SMEs. Through Qashier smart POS solutions, we want to help Filipino SMEs like you to increase your revenue and create seamless transactions and business operations.

Already available in other Southeast Asian countries like Singapore and Malaysia is QashierPay. It is an exceptional digital payment experience integrated with the Qashier POS solution. This includes contactless payments (NFC), QR code payments (including cross-border QR), Credit Card – Swipe/ Touch, Pay by Link, and e-wallet payments.

QashierPay is a feature coming soon to the Philippines, so look forward to it! If you’re a business or merchant seeking to know more about cashless payments, it’s time to start with Qashier. Talk to us to find out more.

More about Qashier

Qashier offers multiple digital solutions, including QR code table ordering, table management (F&B), employee management, customer relationship management (loyalty programs), inventory management, data analytics, and track payments, in an all-in-one device.

Qashier promises a seamless setup within 10 minutes, without the need for technical expertise. It boasts a user-friendly interface that is simple for anyone to learn and use. If you require assistance, you’ll find 7 days-a-week responsive technical support from your local team.

Try the Qashier app for free on your own Android device! Speak to us to see if Qashier’s Smart POS can meet your business needs. Schedule a meeting with us here, or contact us at +63 917 QASHIER (7274437) (Whatsapp and Viber) or email at [email protected].