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Showing posts from August, 2023

QR Codes: The Future of Payment Processing for Businesses

  If you own a business, chances are you've heard of QR codes. QR stands for "Quick Response," and these codes can be used for a variety of purposes, including making payments. QR code payments are fast, convenient, and secure, and they're quickly becoming the preferred method of payment for businesses and consumers alike. Here's everything you need to know about QR code payments and why you should start accepting them for your business.   What are QR Code Payments QR code payments are a type of contactless payment that uses a QR code to transmit payment information. To make a QR code payment, customers simply scan the code with their smartphone and the payment is processed immediately. QR code payments are fast, convenient, and secure, making them the ideal solution for businesses that want to streamline their payment processing.   Are QR Code Payments Safe For Accepting Business Payments? When looking to accept business payments, QR code payments are ju...

How to turn your mobile phone into an EFTPOS terminal

  Understand the benefits of using your mobile phone as an EFTPOS terminal Using your mobile phone as an EFTPOS terminal can bring several benefits to your business. It eliminates the need for additional bulky hardware, meaning that it can easily be taken on the go and used for transactions at events or pop-up stores – in addition to its use at physical premises. Using your mobile phone as an EFTPOS terminal also means that you can accept payments faster, meaning less time spent waiting for customers to make their purchases. This can be done at any location in the store, rather than at a central front desk or checkout. This also allows staff to focus on customer service instead of cash handling and multiple customers, making transactions smoother and more efficient. mobile payment system Finally, using your mobile as an EFTPOS terminal means that you have the potential to make your business more secure by reducing the possibility of fraudulent transactions. Depending on your ...

The Future of Business Payments is Here - Get Your Business Set Up To Accept QR Code Payments

 What are QR Code Payments? QR code payments refer to the use of QR codes (quick response codes) to facilitate transactions. A QR code is a two-dimensional barcode that can be scanned using a smartphone camera. When scanned, a QR code can reveal various types of information, including text, URLs, and contact information. These URLs can be clicked by the person scanning the QR code, which will open up a webpage or perform an action on their phone.  QR code payments work by allowing customers to scan a QR code in order to make a payment. A QR code can be scanned with a phone to bring a customer to a checkout. This is a quick and easy way to purchase an item. The customer just scans the code and they are taken to a page where they can complete the purchase. This is a convenient way to buy items, especially if the customer is already on their phone.   This type of payment is incredibly convenient for both businesses and customers alike - there's no need for cash or cre...

The dangers of using virtual terminals for accepting business payments

  What are virtual terminal s and how do they work?   Virtual terminal are online platforms that allow businesses to process customer payments. They work by a business owner or staff member manually entering customer credit and debit card information to process a payment.   The benefits of using a virtual terminal for businesses   Virtual terminals are convenient because they can be accessed from any internet-connected device, and they’re typically less expensive than traditional EFTPOS terminals and card machines. In addition, virtual terminals offer several features that can benefit businesses, such as the ability to process multiple types of payments, track customer purchase history, and generate detailed reports.   The security risks associated with virtual terminals   Unfortunately, virtual terminals are not a secure method of accepting payments. Since staff members manually enter the customer's card information, there is an increased risk o...