Merchants undoubtedly see an increase in the number of customers because people are more comfortable carrying smart phone and the ease of payments makes them visit more often than otherwise. Because we charge significantly lower processing fee the benefits can be passed on to the customers which helps in increasing the loyalty of the customers.
Without doubt smart phone payments have been on the increase. But still a large majority have been using credit cards still as the primary method of payments. As the world transitions to smartphone payments , we are undoubtedly the best and only choice for most of the merchants as we accommodate this transition to smart phones in the best possible way in the world. The merchants while not maintaining any additional hardware or software for smart phones , he can completely remove all the hardware he has and just use one software hardware for all forms of payments. This helps in reducing so much of additional costs every month to the merchants in addition to the savings on processing fee. All these benefits can be passed on to the customers thus benefitting on the entire payment chain.
