In the latest episode of Clearent Connects, we talk about how small business owners can leverage technology as they think through their post-COVID business strategy. Service industries, along with restaurants and retail, have been hard hit, but having the right technology in place can help open new revenue streams and build customer loyalty.
Since EMV first appeared on the scene in the U.S., most businesses have been focused on the mandate and how it helps protect them from fraud. However, not all businesses are EMV compliant and many still have to take the card from the consumer in order to complete the purchase.
Businesses and consumers are concerned about security, but these days safety is just as important. We talk about new technologies like pay at the table and contactless payments, which keep the card in the consumer’s hand at all times and in some cases, prevent them from having to touch the terminal at all.
Listen in and find out how to securely process payments while keeping up with consumers’ changing preferences and the habits they are developing during social distancing.