The complete guide to digital payments for local businesses
In a world that is increasingly digital, it’s no surprise that digital payment processing is on the rise. While cash may still be king in some places, it’s never been more convenient to pay through digital payment methods than now. Why? Because with so many people relying on smartphones and other devices to stay connected, it only makes sense that we would also use them to make and receive payments.?
A study from McKinsey on digital payments found that 82% of Americans used digital payments last year. The transition to digital payments has been gradually increasing for a while, but the pandemic caused a rapid acceleration in this trend. Digital payments offer some advantages over traditional methods like cash and checks:?
? Faster and more efficient?
? Available anywhere and any time
?? More secure with encryption that protects sensitive information?
Yet, as a business owner, deciding which digital payment methods are best for your business can be daunting. In this guide, we’ll break down all the types of digital payments, including their advantages and disadvantages, to help you decide.
Download the full guide to discover more about digital payments and help you decide which methods are ideal for your business: https://bit.ly/3Ect55E
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