Cashless payments
23oct 2019

Cashless payments

ProductsTechnology#cashless payments#business

Do you know the reasons why you should introduce cashless payments at your car wash? If you give us 3 minutes now, you’ll find out why you should do it.

Poland is one of the most developed countries in Europe when it comes to innovative cashless payment technologies.

A characteristic phenomenon observed on our market is a further increase in the number of contactless cards. According to data from the June NBP (National Bank of Poland) report “Information on payment cards Q1 2019”, at the end of March 2019 there were 35 million cards in Poland. Over the quarter, the number of cards increased by another 330 thousand. At the end of the first quarter of 2019, the share of contactless cards in the total number of payment cards reached a record level of 84.8% (in the previous quarter it was 84.1%).

The fact that Poles like to pay without cash is also confirmed by the latest report “Electronic payments 2018”, prepared by the Chamber of Electronic Economy. It shows that 67% of Poles use payment cards, 62% have a bank account with internet access, and 39% use mobile applications.

It is no wonder, then, that car wash owners are increasingly deciding to buy PayPass electronic payment readers. What’s more, we note an increase in the number of readers sold per car wash. Some car wash owners decide to buy readers for every washing bay, because they want to meet the expectations of their customers and ensure comfortable use of the service. New at BKF car washes since last year is also the possibility to install the BE LOYAL mobile application, thanks to which customers can quickly and efficiently pay for washing by phone.

ORDER READERS FOR YOUR CAR WASH

See 3 benefits

most frequently mentioned by car wash owners who have PayPass electronic readers:

  • Adapting the offer to prevailing market trends. More and more customers use payment cards. Owners know that thanks to this solution their car washes will be more competitive than others. They will be able to attract and retain new customers faster.
  • Car wash revenue increase. The owners of BKF car washes who decided to introduce PayPass readers at their car washes noted an increase in revenue of up to 35%.
  • Easy and quick installation of readers. A novelty in the BKF offer are readers that can be installed without having to run a cable. To connect the solution, you only need to start a GPRS internet connection and sign a contract with a payment provider’s representative.

Poland against the background of Europe

In Europe, electronic transactions have developed the most in Scandinavia, especially in Denmark and Sweden. Cash turnover in these countries accounts for only a few percent of financial operations. Our Scandinavian clients invest only in car washes where money circulates exclusively in cashless form. If you find this topic interesting, follow the news on our blog.

Take care of your future now

Undoubtedly, cashless payments are the future and we know that they will continue to revolutionise the market. The benefits of using this solution on a global scale are many: they simplify the payment process, give immediate access to the funds we have and allow us to use many additional, convenient services. So let’s use these innovative solutions and make them easier to use for our clients, too.

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