A recent study by Mastercard showed that there was a 40% increase in the use of contactless payments since January 2020 (Source: CrowdfundInsider).Prior to the pandemic, it was this emerging trend which prompted the reincarnation of the Swipii product in 2018 with advanced card linking technology, and has since led to small and local businesses across the country looking for answers on the card readers they should be investing in. Trying to decide what the best card machine for your small business could be? Businesses up and down the UK are now heavily reliant on card readers, as the number of customers using card payments continues to grow rapidly. Which card machine for my small business? We wanted to give a bit of insight into the world of card readers, and let you know which of these platforms work best with a listing on the Swipii cashback app. That said, it can be difficult for an independent business owner to know exactly which card payment technology will work the best for their customers and their own systems. Before COVID-19 played a pivotal part in this growing shift, we worked hard to ensure Swipii was at the forefront of card linking technology and provided a product that works for local businesses.
Since the beginning of lockdown, the use of ATMs has dropped by 62% year on year according to the Financial Times and businesses are needing to quickly adapt to facilitate card payments. The use of card machines for small businesses is more important than ever as the shift away from cash grows with the pandemic.
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