Small business owner decision fatigue is real. But choosing to take card payments? That’s one of the easiest decisions you’ll have to make. Here are seven reasons why.
1. Open The Door To More Customers
In 2022, card payments made up a whopping 76% of all transactions in Australia. Accepting EFTPOS payments is an obvious place to start to tap into this growing market segment that’s loving the convenience of cashless transactions.
2. Safety In Numbers
More electronic purchases means less cash handling. The less cash you handle, the less you’re a target for thieves. Lowering your cash handling may also help you save on your business insurance.
3. Hello, Better Cash Flow. Bye, Bad Debt
Forget chasing ‘cheques in the post’. With EFTPOS, you get paid on the spot – anywhere, anytime. That’s a win for your cash flow. And a big good riddance to your bad debtors.
4. Happier Customers
Your customers want your payment process to be fast and easy. That’s what EFTPOS delivers. A better customer experience means happier customers. And that’s only ever a good thing for your business.
5. Faster Number Crunching
Unless you’re an accountant, you probably didn’t get into business because of your passion for reconciling accounts. An integrated EFTPOS solution simplifies the process of matching your payments, giving you precious time back in your day. No accounting degree required.
6. Ditch The Invoices
With EFTPOS, your invoicing is done for you, so you can say goodbye to invoices. If your customer needs a GST receipt, you can print one straight from the terminal. Easy as.
7. Track All Your Transactions
EFTPOS gives you traceable transactions for a clear audit trail. It also puts you on the front foot to resolve payment disputes quickly and easily.
Cost-effective payments
Accepting EFTPOS doesn’t have to cost. Shift4 Zero Cost™ EFTPOS is a flexible, easy-to-use, plug-and-play solution that could save you an average of $6,800 per year.
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