4 scenarios where Tap to Pay can boost your revenue

4 scenarios where Tap to Pay can boost your revenue

You might have heard the term “Tap to Pay” or “SoftPOS” before. In short, it’s an app that turns your smartphone into a payment terminal. All you need is a phone or tablet — and an account to process your payments.

Using the app is incredibly easy — which is why it’s becoming increasingly popular among entrepreneurs. It’s ideal for hospitality businesses, taxi drivers, kiosk owners, market vendors, delivery services, and charities. It’s also perfect for businesses with multiple mobile sales locations.

There are countless situations where this payment method is a perfect fit. Below, we’ll share four common scenarios where Tap to Pay can help you increase sales and avoid missed revenue.

1. My payment terminal just died — now what?

Of course, it always happens during a rush. Your payment terminal suddenly stops working. Switch to cash? Not ideal — more and more consumers prefer to pay by card and rarely carry cash. How great would it be to simply pull out your smartphone and use it as a backup terminal? While your colleague troubleshoots the main device, you can continue accepting payments with your phone — so you don’t lose a single sale.

2. Only a few transactions per month?

Do you only have a few key sales moments throughout the year — just not enough to justify buying a full payment terminal? Then Tap to Pay is a great alternative. You avoid hardware costs while still offering the convenience of card payments.

3. Trade shows, markets, and pop-up events

Let’s say you run a shop with only one payment terminal. A few times a year, your town hosts a busy local market you don’t want to miss — but you also want to keep your shop open. Instead of choosing between the two or buying an extra terminal, just use Tap to Pay for your temporary sales point. It’s also perfect for pop-up stores, trade fairs, or seasonal promotions.

4. You don’t always carry a terminal — but you do carry your phone

Nearly everyone always has a smartphone on hand. Many entrepreneurs spot opportunities outside business hours. With Tap to Pay, you can instantly turn any moment into a sale — anytime, anywhere.

Of course, there are many more situations where Tap to Pay comes in handy. You might already be thinking of a few moments when this app would’ve saved you time — or revenue.