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Why Cards Will Take Over Cash Payments in the Future

Why Cards Will Take Over Cash Payments in the Future

In today’s world, you can find almost everything in just a click of the mouse or just a tap of the finger. People and businesses take advantage of cash management solutions that are easy, simple, convenient, and secure.

When making purchases, paying in cash has long been the preferred option of many customers. However, with the kind of technology that the world has today, more and more individuals are opting for card payments. Over time, paying in cash may become obsolete as the focus switches on card payments.

  • Available Payment Methods and Solutions

    Nowadays, more options for making payments are becoming available even though many are still paying with cash. These include cash vouchers, cryptocurrencies, digital wallets, e-payments and more. Various payment processing solutions in Wilmington, North Carolina are also available to ensure that businesses receive these payments to complete the customers’ sales transactions.

  • Reasons Why Card Payments are Accepted

    Large companies accept card payments nowadays. However, many small businesses are still not taking advantage of this option for payment transaction processing in North Carolina. There are certain reasons why card payments may be on their way to becoming the future of payments – reasons which small businesses may not be seeing as of yet.

    • Convenience

      Convenience is definitely the top reason why accepting card payments is popular. Paying for your purchases with cards is more flexible than paying with cash. Since transactions are recorded, consumers can keep track of their purchases, thereby also affecting their spending habits in a way. Furthermore, most individuals tend to spend more when they are using cards rather than cash.

    • Instant Purchase

      When you pay using cash, you will have to line up on the cashier. Long queue lines can make you impatient and waste your time. With a card payment, you get to avoid those long queues and save time. You can also get and enjoy your purchase quickly.

    • Security

      Cash is more likely to be a target for physical theft than card. Customers prefer carrying a single card than a bundle of cash to stores. Carrying a single card is relatively safer than carrying a wad of bills with you. At the same time, businesses will also carry less cash on their stores when they accept card payments.

Let Infinity Payment Systems assist you in identifying and implementing the right payment solutions for your business. Call us today!

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TESTIMONIALS

  • I was previously with a national card processor. I thought I had received the absolute best rate and terms. That is until I met Kyle and his wife in my store one day. He was not pushy or high-pressured but said he would be more than happy to review my plan that I had just signed on to. Not only did he beat my 'best' rate from the national company, he offered me personal, local customer service you just can't get anywhere else. Although this is professional company, I truly was made to feel like I was part of the family. From day one, Kyle and his father made sure that every question I had was quickly and properly answered. They went out of their way to make me feel like I was their best customer. I will recommend this company to anyone at any time. If you have a question, feel free to message me. I believe these guys to be the best in the business and look forward to many years of a satisfying business relationship with them. Thanks Infinity! Lou's Flower World
  • It is refreshing to do business with a local, family-owned and operated company that is honest. Payment processing is sadly an industry full of scam artists and Thomas and his team at Infinity are incredibly honest and affordable with several options for small and large businesses. Thank you for your help! Carolina Commercial Properties
  • I could not be happier. Infinity essentially cut my merchant fees in HALF, and showed me clearly how I was being cheated by the cc processing firm I *had been sold to*. Next day deposits, great customer service and support, local business - what's not to like?? DogTrain
  • My name is Lior and I am the owner of The Cigar Exchange located in historic downtown Wilmington. My decision to use Infinity Payment Systems as my merchant services provider has been absolutely one of the best business decisions that I have made. Thank you very much Kyle, You're the best! The Cigar Exchange
  • We highly recommend Duane and Infinity Payment Systems. He is local, and in addition to great rates, he offers awesome customer service Capital Auto Repair & Service
  • Our rates were lowered to a point that no one has been able to touch their rates…whenever we need them, they are right there for us Apex Transmissions
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