What to Know About Tap to Pay: The Future of Payments for Your Business
In today’s fast-paced world, customers expect quick, easy, and secure payment options.
That’s why Tap to Pay, also known as contactless payment, is quickly becoming a must-have for businesses. If you’re wondering how it works, why it matters, and how to get
started, this guide is for you.
At USBNE, we’re here to help Maryland businesses navigate the world of merchant
services and ensure they’re equipped to meet modern payment demands. Let’s dive into
what you need to know about Tap to Pay.
What Is Tap to Pay?
Tap to Pay is a payment method where customers can use a contactless-enabled credit
card, smartphone, or smartwatch to complete a transaction by simply tapping it on a
payment terminal. This process uses Near Field Communication (NFC) technology to
securely transfer payment data without any physical contact.
In a nutshell, Tap to Pay makes paying faster, easier, and more secure—something every
customer can appreciate.
Why Does Tap to Pay Matter for Your Business?
Implementing Tap to Pay isn’t just about staying trendy—it’s about keeping up with
customer expectations and improving your business operations. Here’s why it’s important:
1. It Speeds Up Transactions
According to Mastercard, Tap to Pay is 40% faster than traditional chip card
transactions. Faster checkouts mean happier customers, shorter lines, and the ability to
serve more people in less time.
2. It’s Growing in Popularity
Tap to Pay is no longer a niche option. A Visa study found that 91% of transit riders expect
contactless payments, and this expectation extends to everyday retail experiences as
well.
3. It’s Secure and Hygienic
Tap to Pay uses encrypted data to keep transactions secure. And since customers don’t
need to hand over their card or touch the terminal, it’s a cleaner, more hygienic option—
something people value more than ever.
4. It Appeals to Younger Generations
Millennials and Gen Z customers are tech-savvy and prefer using their smartphones or
smartwatches for payments. Offering Tap to Pay ensures you’re catering to this growing
demographic.
Benefits of Tap to Pay for Your Business
Still on the fence? Here are some specific ways Tap to Pay can boost your business:
• Faster service: Keep lines moving and reduce customer wait times.
• Higher customer satisfaction: Make payment easy and enjoyable for your
shoppers.
• Competitive advantage: Stand out from competitors who haven’t upgraded their
payment systems.
• Increased sales: Studies show businesses with faster checkouts tend to see an
uptick in revenue.
How USBNE Can Help
At USBNE, we specialize in helping Maryland businesses implement cutting-edge payment
solutions like Tap to Pay. We’ll work with you to:
• Upgrade your payment terminals to support contactless payments.
• Ensure your systems are secure and compliant with industry standards.
• Provide ongoing support so you can focus on running your business.
As a Maryland-based company, we understand the unique needs of local businesses and
are committed to helping you thrive.
FAQs About Tap to Pay
Is Tap to Pay secure?
Yes! Tap to Pay uses encryption to protect payment data, making it one of the most secure
payment methods available.
Does it cost more to accept Tap to Pay?
Not necessarily. Many modern payment terminals already include Tap to Pay functionality,
and USBNE can help you find the most cost-effective solution.
How do I get started?
That’s easy—just reach out to us! We’ll walk you through everything you need to know and
set you up with the right tools.
Ready to Upgrade Your Payment System?
Your customers are ready for Tap to Pay—are you? If you’re curious about how this
technology can benefit your business, we’d love to help. At USBNE, we make it easy for
Maryland businesses to stay ahead in today’s digital economy.
Visit www.usbne.com/getstarted or give us a call to learn more. Let’s work together to
take your business to the next level with Tap to Pay.
Learn more about how Visa Tap to Pay works. Link