First lets look at those businesses that don't have a Payment Card Reader. Takeaways, Fish & Chip Shops are losing out on business as well as DIY and other businesses. Why you may ask? Many people these days don't like carrying cash, people have got used to paying for their products and services online, and many companies who do have Payment Card Readers benefit from increased sales and turnover. A latest survey shows that customers are turning away from businesses that don't offer payment via a card reader.
Customers were found to be more than ready to purchase food, goods and services as long as they could pay by card. They found that the trouble of carrying and obtaining cash, was time consuming, and more trouble than its worth, especially if they making a purchase of less than £30. They would rather go to a business that accepts their debt or credit card and avoid those who don't provide the facility.
This means that businesses are losing out on gaining customers, increasing sales, and of course increased profits and growing their business. Those that don't have Payment by Card Reader do need look again at their business, and see how having the ability to take payment by a card reader can help their business grow. With the difficulties there are today, especially with a virus outbreak, now is the time to increase business and not lose out.