The most recent trend in payments in North America and around the World is the emergence of contactless credit cards (Tap & Go). Contactless credit cards allow you to “tap” your credit card on the payment terminal rather than swiping or inserting it. In an April 2020 study by Mastercard, 79 percent of respondents worldwide say they are now using contactless payments, citing safety and cleanliness as key drivers. This has become especially important during the COVID-19 pandemic, where consumers are taking unprecedented measures to limit physical contact in public.
Visa has stated that there are now more than 175 million Contactless Credit Cards in the United States alone. Mastercard data shows 40 percent growth in contactless transactions globally in the first quarter of 2020. Furthermore, 80 percent of contactless transactions are under $25.00, a range that is typically dominated by cash.
Laundry owners and customers have been looking for a clean, fast, safe, and secure payment method and finally, they have a solution. With SpyderWash, customers can use their Contactless Credit/Debit Cards directly at the washers and dryers, just like they would at grocery stores or any other retail shop payment terminal. Additionally, SpyderWash accepts Mag Stripe Credit/Debit Cards, Loyalty Cards, NFC/Smartphone payments via Apple/Google/Samsung Pay, as well as being EMV chip insert capable.
We have carefully studied payment trends worldwide and SpyderWash is the ONLY laundry payment system to incorporate both current and future forms of mainstream payment directly on the washers and dryers. With the Pandemic as well as a Nationwide shortage in quarters, now is the perfect time for your customers to consider adding SpyderWash to their laundromat. Please contact us to learn more about payment trends and how SpyderWash can maximize revenue for store owners.
For more information contact:
Setomatic Systems, Inc.