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6 Ways Accepting Mobile Payments Can Grow Your Business

consagousmridul avatar
consagousmridul
11 diapositives · 160 Views · Apr 04, 2018

Mobile payments are turning into a distinguished advantage in the field of retail. A current report predicts that over the portion of customers will use mobile

payments for in-store payments in a coming couple of years. That implies that by 2020, 150 million purchasers will utilize mobile payments like Android and Apple Pay.

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6 Ways Accepting Mobile Payments Can Grow Your Business
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  1. 6 Ways Accepting Mobile Payments Can Grow Your Business

  2. Mobile payments are becoming a game changer in the world of retail. • Mobile payments use near field communication (nfc) technology to complete a contactless payment. • Consumers a convenient, secure method of payment, mobile payments can also help grow your customer base, ensure more generous gratuities for your staff, & help your business achieve success on its journey to growth. Consagous Technologies LLC

  3. Six Ways That Accepting Mobile Payments can help you grow Your Small Business:- 1. Attract new customers. 2. Increased sales & tips. 3. Faster Customer Lines. 4. Faster Customer Processing Turnover. 5. Attract Millennial Customers. 6. Enhanced Security. Consagous Technologies LLC

  4. Attract New Customers • Looking for ways to grow beyond your regular customers? A common strategy for small businesses to grow their customer base is to introduce new products and capabilities. • Consumers who adopted mobile payments cited them as their ideal payment method, referencing speed, convenience, and security as their top reasons for continued usage. • These consumers reported that they actively seek out businesses that support mobile payment technology — so adding mobile payments might be the key to bringing in new customers. Consagous Technologies LLC

  5. Increased Sales & Tips • Customers who used their (NFC) device or a chip card tipped more than customers who used traditional magstripe cards. • Consumers are expressing gratitude for businesses that offer mobile payments, since they provide a safe and fast transaction experience for everyone. Consagous Technologies LLC

  6. Faster Customer Lines • Benefit of mobile payments is that they’re fast — far faster than chip cards. • To complete a transaction, all customers have to do is hover their phone near the mobile payments. • Mobile device will utilize NFC technology to process the transaction quickly, speeding up your checkout line. Consagous Technologies LLC

  7. Faster Customer Processing Turnover • Speedy transactions, you’ll have improved customer processing. • While more customers mean more business for you, a speedy line & checkout process make for a much better experience for your customers overall. Consagous Technologies LLC

  8. Attract Millennial Customers • 23 percent of millennial use mobile payments at least once a week. • Our survey, 45 percent of those who have adopted the technology are between the ages of 18 and 34. • It’s important to provide the payments experience that this generation will soon come to expect. Consagous Technologies LLC

  9. Enhanced Security • Protected by cryptograms & sophisticated tokenization methods, mobile payments like Apple & Google Pay are a highly secure form of payment. • Consumers can also activate fingerprint technology in most mobile payments solutions. • Add another layer of security that protects data on lost or stolen devices. • Mobile payments at your business means you’re providing a safe & secure way for customers to pay. Consagous Technologies LLC

  10. Are You Looking for a Mobile App Developer Contact Us https://www.consagous.com/hire-best-mobile-app-development-company-in-washington-dc https://www.consagous.com/ info@consagous.com Consagous Technologies LLC

  11. Consagous Technologies LLC