Now, more than ever, it is incredibly important to offer your customers card payment. Out of the 40 billion payments in the UK, only 23% were made with cash. In fact, the average consumer carries just £25 in cash, usually just for emergency purposes. If you want to accept payments higher than this figure it is vital to have a card machine. In doing so, you’ll be boosting the potential for financial growth of your business.
COVID-19 has further accelerated the transition towards card payments. Mastercard reported a 40% surge in contactless payments with consumers remaining largely resistant towards exchange physical cash.