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What are the Benefits of Chip and PIN Solutions?

This handy little machine is one of the newest and fastest ways in which to accept card payments, as it is reliable, efficient and will not break down or malfunction unexpectedly. Contactless Payment is becoming increasingly popular amongst commercial enterprises, as all you need to do is scan a card over the screen and the payment is processed immediately and deducted from the customer’s account. With a transaction speed of less than half a second, it is far speedier than even paying cash and all payments are taken securely and promptly, with no need for someone to enter their PIN-which can even reduce the cost of a debit card fee by up to a further 7p off what you are currently paying. So if you are looking to process a transaction of £15 or under then this could prove to be the perfect solution.

There are so many advantages and benefits to using Chip and PIN solutions as opposed to other, more familiar yet dated apparatus, one of which is that the machinery operates proficiently and effectively so that payments go through without a hitch. If you own a business and want to know how to reduce your outgoings then cost-effective methods such as Chip and PIN, will ensure that you do not go over budget and instead have enough left over to comfortably see you through the year. Some of the rewards which come as a direct result of utilising Chip and PIN machinery are listed below:

  • It will generate additional sales so that your turnover increases substantially
  • Accepting card payments is simple and stress-free
  • It increases average transaction values
  • Impulsive sales will be made which will boost and enhance revenue
  • Much easier to organise and manage your financial affairs
  • Simpler than handling cash/cheque transactions
  • Costs absolutely NOTHING to process into a bank account, unlike cash and cheque payments

And here at Independent Merchant Services, our approved and fully qualified providers guarantee that you only receive the finest products which are available on the market. We are a leading independent merchant services company with a reputation for exceptional customer care and attention to detail. If you want to find out why we are perceived as a trustworthy and dependable source when it comes to providing top of the range, extensive independent merchant services then give us a call today.

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