Jun 06 Benefits of Cashless Payment Systems to your Company
Benefits of Cashless Payment Systems to your Company
Reduced queuing times – 3 Times Faster than Cash!
There are many benefits to to having a cashless payment system in operation on your premises.
Cashless Tills operate much faster than Cash tills, speeding up transactions for staff and customers are not waiting as long.
Eliminate cash handling costs – No need for cash floats
No cash means all the headaches and worries about handling it correctly are gone.
Save time – No cash balancing required
When the final transaction is complete you are done. The advantage being there is no need to cash up! Use the time saved for other tasks.
Reduce risk – Greater security
Cashless tills can be left unsupervised during quiet times. There is no risk of theft or accidental loss of money.
Any refunds or discounts can only be enabled by Management password control.
Analyse all aspects of spending and take up of paid for facilities. For example who buys lunch and when they buy, what they spend. Find out how much hospitality spend is and how many visitors use the Restaurant.
More efficient hygiene routines
No money changes hands at the point of sale. This gives you greater flexibility with how you deploy your catering staff.
Positive cash flow
With pre-loading of credit onto the cards there is a positive cash flow situation. You receive the money loaded onto the cards in advance of when the actual sales take place.
Increased turnover on vending and snack machines with no down time for coin jams etc.
Always available vending, with no worries about coin jams or foreign coins.
Coordination of all paid for facilities
In many cases it is possible to use one plastic card for a variety of facility based uses, such Access Control, Car Park Entry, Photocopying Control and Cashless Catering and Vending.