Contactless Payments: How They Can Help You in a Pandemic

Contactless Payments in Pandemic Vesta

From your smart phone to your watch, there are countless ways to use contactless payments these days. They can help your business increase sales in a pandemic.

It's no secret that the COVID-19 pandemic has drastically reshaped most industries. Unfortunately, there are even a handful of spaces that are projected to be unable to recover.

There's a handful of steps you're able to take in order to adapt, though, with me of the most important being contactless payments. Not everyone is sure where to begin, though.

Not sure where to start? Don't worry, we’ve got you covered.

Let's take a look at everything you need to know.

Overall Efficiency

As you may expect, contactless payments allow you to eliminate a handful of steps during the payment process.

Although the extra speed isn't much different than using a credit card, it completely eliminates the opportunity to use cash. Since fumbling around with bills can easily increase the transaction time, it's worth implementing for this reason alone.

The reduced transaction time will directly result in increased revenue, as well.

Extra Security

Contactless payments (such as through using an Apple Watch) provide a notable amount of security. The systems that these devices use are designed with security in mind and include a strong level of encryption to make payments safer.

So, there's no need to worry about issues related to having your personal information or card number stolen, something that's fairly common at gas stations.

Cleanliness 

Perhaps the most important attribute of contactless payments is how hygienic the process is. Since there's no need to hand someone cash or your credit card, there's minimal risk associated with it.

In fact, a larger number of customers could use contactless payment methods within a short period of time without the processes posing a health risk.

For businesses that are required to adhere to strict health standards (such as restaurants), using this form of payment can decrease the chance of running into any issues.

This is especially true for those who operate in regions with large numbers of cases, such as New York, California, or Florida.

Reduced Environmental Impact

By eliminating the use of physical media, businesses are able to significantly reduce their impact on the environment. The extent will depend on the company industry the company, and some will benefit more than others.

Locations like convenience stores will be able to eliminate the need for paper receipts. Other businesses (such as arcades) will see a much more drastic change.

For example, an arcade or gaming facility can completely eliminate the need for paper tickets, allowing customers to keep track of their score or winnings via their contactless payment device. 

Incorporating Contactless Payments Can Seem Difficult

But it doesn't have to be.

With the above information about the benefits of contactless payments in mind, you'll be well on your way toward keeping your customers and staff as safe as possible.

Want to learn more about how we can help? Feel free to get in touch with us today to see what we can do.

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