Why Card Reader's are better than accepting all cash
Written by Super UserThere are several reasons why using a card reader from Oxipay may be better than accepting cash:
Increased security: Card readers offer a more secure way to accept payments compared to cash. Card transactions are encrypted and processed through secure networks, making them less susceptible to fraud or theft.
Increased convenience: Card readers allow customers to pay for their purchases with their preferred payment method, whether it's a credit card, debit card, or mobile payment. This can be more convenient for customers who don't want to carry cash or who prefer to pay with a card.
Reduced handling of cash: Using a card reader can reduce the need to handle cash, which can be time-consuming and increase the risk of errors or mistakes. It can also make it easier to track and reconcile sales and payments.
Enhanced customer experience: Accepting card payments can improve the customer experience by providing an easy and convenient way to pay. It can also make it easier for customers to make large purchases or split payments with friends or family.
Increased sales: By accepting a wider range of payment methods, businesses may be able to increase their sales by attracting customers who prefer to pay with a card or mobile payment.
Overall, using a card reader from Oxipay can offer numerous benefits for businesses, including increased security, convenience, and the ability to attract more customers.
A payment processor is a system that enables financial transactions, commonly employed by a merchant to handle transactions with customers from various channels such as credit and debit cards or bank accounts. This is usually done when you buy a product by swiping your card through a card reader, that processes the transaction and gives you a receipt for your purchase.
In todays world, technology moves quickly, everyday new products emerge better than they did before. Small or big businesses need to keep up with the latest advances and this is where Oxipay can help. Oxipay has the latest in payment Card Readers, designed to help business take payments quicker than ever, but with options of payment to your bank next day. Read why its important to make the move now!
A new study has found that more than half of UK small businesses are planning to leave their current business broadband provider, as three-quarters say they have been impacted by slow broadband over the past year.
In this year of 2022 businesses are looking at critical issues, such as does my business need to have a presence online, am i doing my business damage by not joining the digital revolution?