Are you considering adding mobile payments to your company’s offerings for consumers? Worried that your business is “too small” to benefit from accepting mobile payments? Think it might be too much of a hassle or an expense?
Here’s the truth about mobile payments, including how they can mean big benefits to small businesses:
Why Use Mobile Payment Options?
Most people these days own and use a smartphone, smartwatch, tablet, or another mobile device. It only makes sense to cater to that. When you offer a mobile application or mobile-friendly program, you meet consumers where they already are – and they’re more willing to give you their business in exchange for doing so.
Mobile payment options make it convenient for today’s consumers to just tap their familiar screens a few times and pay for your goods or services. It increases the likelihood that they will purchase more from you and come back with repeat business again and again.
The Loyalty Factor
Another major reason many businesses use mobile payment systems is that it breeds loyalty. Pairing your consumer’s ability to pay directly from their phone or tablet with an incentive like a store rewards program entices them to do more spending from those apps – and put more money in your pocket.
More Current Currency
Want yet another reason to consider mobile payment solutions? Your customers may want the option to pay with more than just cash or credit. Many of today’s consumers prefer online solutions like PayPal or Stripe, or even cryptocurrencies like Bitcoin for online purchases. When you can offer these options right from the convenience of your shopper’s home screen, you win big points with your customers.
Ready to learn more about putting mobile payments to work for your company? Contact your nearest provider of business payment solutions. They’ll help you choose the right program to help you bridge the gap between today’s consumers and your bottom line.