Payment Facilities – Microbit Solutions

Cashless payments bring about innumerable benefits to both consumers and merchants. For consumers, cashless payments offer a quick and easy method of payment without the need for carrying large amounts of cash which can lead to safety issues. Carrying cash and coins which have been subject to a high number of physical exchanges may pose the risk of contamination. For merchants, cashless payments provide an opportunity for a more efficient revenue collection by reducing or eliminating the time required for cash collection and calculation, which will result in less bank visits. This allows businesses to focus on other aspects which will help in increasing their productivity and efficiency in the long run. There are also testimonials by our existing merchants showing evidence of increased sales with the implementation of cashless payment in their businesses since customers are now able to choose from a wide array of payment methods when they run out of cash.