What are RFID Contactless Payments?
There are over 300 million contactless credit and debit cards that have been issued in the United States. From that number, in 2021, SpyderWash has seen contactless transactions increase by over 200% with customers.
Contactless (aka “tap-and-go”) laundry payment provides your customers with a convenient alternative to mag stripe card payment options. This system also makes it easier for you to manage transactions and track sales data.Call 516-752-8008 Now
Contactless Credit/Debit Cards have a chip embedded inside the card that uses RFID (radio frequency identification technology) to carry out the payment at a terminal that has the contactless symbol. Unlike magnetic stripe cards which need to be swiped at the credit card reader, these contactless cards just need to be placed in front of the reader to pay for your purchase. These types of cards have been widely used for years in many parts of Europe and Asia, as well as Canada.
There are millions of “Contactless” enabled Payment Terminals in the United States across all different type of industries, from most major retail chains to self-serve industries like Laundry, Gas Stations, Vending Machines, Car Washes and Taxi Cabs. The fact is, with Payment Technology rapidly evolving and Credit Card magnetic stripe fraud rapidly increasing, all major banks and processors are turning to these contactless card systems as an answer. Not only do these types of transactions speed up the purchase, they are far more secure than the magnetic stripe cards most of us use today.
All four of the major card companies; Visa, MasterCard, American Express and Discover offer a Contactless Credit or Debit Card. This segment of the market is sure to grow substantially in the near future as the United States moves to the more secure EMV standard. Only with a SpyderWash Payment System will you be equipped to accept RFID Contactless Payment so your Laundromat will not be left behind as this type of payment becomes the norm.
Advantages of RFID Contactless Payments
- No need to invest in a new system when these emerging technologies become the norm
- Simply tap your RFID credit card to our reader and start the machine – no swipe required
- Increased security
- Unique advantage over your competitors
- Can also be used for NFC Mobile Payments (Apple Pay, Samsung Pay and Google Pay) Please see the “NFC Mobile Payments” section for more information about this emerging technology
- Contactless technology (RFID and NFC) is used in many other ways besides payments, including turning your phone into a boarding pass, train ticket and more
- Contactless RFID Card users will prefer retailers who accept contactless payments
- Improving service quality and meeting customer needs increases customer satisfaction
Invest in a SpyderWash System for Seamless Transactions
Setomatic Systems provides an easy, all-in-one payment system that offers an RFID contactless payment solution for laundromats. The SpyderWash system integrates multiple payment methods directly into your washers and dryers, allowing for automated self-service options.
SpyderWash ensures you are always prepared as technology evolves and payment methods change. Contact us today to learn more about adapting your laundromat with SpyderWash.Contact Us Today!