How to Perform Cashless Payments Using A Debit Card by Appstar Financial

Americans prefer to spend at store outlets using a debit card. Therefore, merchants are compelled to use cashless debit processing to prevent the spread of coronavirus and allow customers to pay quickly just by waving their NFC-enabled mobile phones.

Some of the NFC-enabled smartphones in the US are iPhone 6, ZenFone 2, Vivo Xplay 3S, Fire Phone, Q10, Nexus 10, Butterfly, Desire 816, One X, and Hydro Elite. Appstar Financial provides debit processing services at affordable charges to small and medium merchants in the US.

Benefits of using debit processing

The merchants are freed from the hassles of checks and associated checks. They are cheaper compared to credit processing services. Therefore, merchants in the US can reap enormous profits. Security and speed of transactions are benefits being enjoyed by customers. They need not carry cash to pay at outlets. Customers can also enjoy rewards in the form of cashback from merchants.

The merchants availing of Appstar Financial debit processing can complete their transactions easily and quickly using the direct connection to both national and regional debit processing networks. They will enjoy reduced debit processing time, additional security with PIN access, no need for a signature, and convenience compared to accepting checks. They need not worry about bad checks.

Excellent customer service

The merchants can avail excellent customer service 24 hours a day and seven days a week to resolve any queries and need any emergency assistance regarding payments or point of sale machines. Appstar Financial provides the latest hardware and software solutions. They are tested and proven to provide seamless connectivity at any time of the day.

Appstar Financial provides equipment at affordable rates to satisfy your business needs. You can buy high-quality check readers, terminals, printers, and imagers from Appstar. The equipment and software are reliable.

Mobile payment trends

Consumers using mobiles to make payments in the US are expected to ramp up from 150 million in 2020. Around 56% of the customers in the US are using their smartphone payments at store outlets because of the wide availability of NFC-enabled phones and quick and ease and convenient. The merchants can easily understand the purchasing behavior of customers and improve their product range and offer to enhance their revenues.

The merchants use NFC enabled readers to accept payments from NFC enabled devices of consumers seamlessly. Appstar Financial supports Google NFC and Apple Pay at merchant establishments. The customers can install the Apple Pay app on their mobile phones and add a debit card to their wallets. They just need to open their message request app and tap on the Pay option to pay at a merchant outlet after verifying with a passcode or touch id. Appstar Financial trains the staff at merchant premises to accept payments seamlessly and quickly.

What is NFC and how does it work?

NFC stands for near-field communication. It allows a terminal and a mobile device to talk to each other when kept within two to three centimeters of distance. This technology is used to facilitate cashless payments. Samsung Pay, Apple Pay, and Android Pay are using NFC technology to make payments. The contactless chip reader accepts payments from NFC-enabled devices. NFC reader is less than $50. NFC payments are encrypted and secure compared to magnetic stripe cards. They use tokenization to protect your financial details.