Top 5 consumer benefits of cashless stores and cashless restaurants

Going cashless at your restaurant or retail store is one way you can create more efficiencies, cut costs, and keep a safer environment at your business location(s).  A variety of business types - from shopping centers to pro sports stadiums – are reaping the benefits of using our Cash-2-Card self-service kiosks to create frictionless transaction experiences between customers and employees.

As a business owner, you may be well aware of the benefits that come with conducting business cash-free, but you may be wondering, “How does going cashless benefit my customers?” Cash-2-Card ReverseATM Technology can improve your customers’ experience at your business in many ways. Here are the top 5 ways Cash-2-Card self-service kiosks can benefit customers in cashless stores and cashless restaurants.

1.     Going cashless means customers can expect less waiting in line

One of the best biggest benefits of cashless transactions for consumers is less waiting in lines. Because employees at your store or restaurant won’t need to operate a traditional register any longer, all transactions can be conducted electronically and therefore they’re much quicker. No more counting change.

Since the pandemic hit, shopping and dining experiences have drastically changed when it comes to waiting in lines. Many stores have had to put in signage to direct people to stand six feet apart. This measure extends lines, takes up more space in a store, changes the traffic flow of a store, and in many ways can hinder the shopping experience. Going cashless can help mitigate the shopping traffic jams at stores during peak shopping times.

If you have mobile checkout (via tablet), customer check-out lines can be eliminated altogether. Customers can simply make their payment with their card with one of your employees “on the floor” and leave with their merchandise – a better experience for your customers and employees alike.

2.     Going cashless means faster transactions for customers

Speedier checkouts greatly improve customer experience, especially if you are a fast-paced restaurant or a concession stand at a stadium. Who likes being stuck in line, holding their tray, staring at their food while they’re stomach is grumbling?  If you’re in line waiting to pay for your burger and fries while you are at a stadium, you might miss seeing a big play! Speedier, cash-free checkouts mean your customers get to eat quicker and get back in their seats faster.

3.     Cash-2-Card ReverseATM Technology is free for your customers to use

Using a card dispensed by Cash-2-Card kiosks is 100% free for your customers to use. There is no transaction fee involved for them at all. Unlike using a credit card, customers won’t rack up a balance that they need to worry about paying off later or carrying balance they could accrue interest on. All they need to do is insert cash and receive a card for the exact same value of the cash. They can use the card at your store for multiple transactions until the balance is depleted.

4.     Cash-2-Card Kiosks can help your customers take advantage of promotions at your cashless store or cashless restaurant

Got a gift card program, coupons, shopper rewards or other promotion customers should know about? Sometimes customers can miss or forget about the promotions advertised to them before they arrived at the store. Cash-2-Card kiosks improve visibility of your cost-saving promotions, serve as your remote touch point to enroll customers in your loyalty program, collect info, advertise and dispense coupons – right in your store.

5. Going cashless means customers can feel less nervous about encountering germs

Understandably, many restaurant goers and shoppers at brick-and-mortar stores are currently feeling skittish about germs. Going cashless means you can setup contact-less, safely distanced check-out experiences in your restaurant or store with efficiency. For retailers, no more long checkout lines to wait in mean customers can be in and out of the store quicker as the get their holiday shopping done. Checking out a restaurant or concession stand, a touchless, socially distanced transaction experience can be implemented. A live flu virus can live on paper currency for up to 17 days - the removal of physical banknotes and coins takes away the risk of transferring germs between people in this way.

Got questions about how Cash-2-Card ReverseATM Technology can empower your customers? We’d love to chat. Check out our FAQs page, and click Contact Us to set up a call.