Tap and Go - the silent profit killer
Written on the 20 June 2017
The convenience of Pay Wave and Pay Pass means that more and more tap and go transactions accessed everyday. But someone has to pay for that convenience and the banks process tap and go transactions as credit card payments and are charged as such.
Whlie some businesses do add a surcharge on to your transaction, many smaller businesses often absorb these surcharges themselvestap and this can be a silent kller for your bottom line.
If you own a business dig out your last EFTPOS statement and find out the real cost of providing this service to your patrons! Perhaps a fixed ATM would be a better solution!
Why have an ATM?
Click here to find out how your business would benefit from a retail ATM.