5 Benefits of Using a Debit Terminal for Your Small Business

5 Benefits of Using a Debit Terminal for Your Small Business

April 13, 2023

Small business owners are the backbone of the Canadian economy, and Moneris is proud to partner with you to support your success. We understand that small business owners face a variety of challenges, from managing cash flow to attracting and retaining customers. That's why we offer a range of payment processing solutions to help small businesses grow and thrive. 

 

Using a debit terminal is just one of the ways that small business owners can improve their payment processing and provide a better experience for their customers. Let’s take a look at the benefits of using a debit terminal for small businesses and how Moneris can help small business owners achieve their goals.

Improved Cash Flow

Small businesses benefit from using a debit terminal by improving their cash flow. Accepting debit card payments can lead to faster and more reliable payments. Electronic payments reduce the need for manual cash handling, which can reduce errors and save time. Using a debit terminal can also help small businesses reduce their costs associated with cash handling, including labour costs associated with manually totaling cash and closing tills, as well as cash shortages and overages due to human error. 


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Debit Terminals Reduce The Risk of Fraud

We know fraud is a major concern for Canadian small business owners. However, using a debit terminal can help reduce the risk of fraud and chargebacks. Moneris offers secure payment processing and fraud detection services to ensure transactions are safe and secure. Using a debit terminal can also help your small business build trust with your customers, as your customers know their payment information is protected.

Debit Terminals are Convenient for Customers

Providing a convenient payment experience for customers is crucial for any small business. Using a debit terminal can provide a more convenient payment experience for customers, especially with the rise of contactless and mobile wallet payments. 


Accepting a variety of payment options can also help small businesses attract and retain customers. For example, restaurant owners can diversify their offerings with options like online ordering that integrates with your restaurant POS system, allowing your business to reach customers wherever they are and in the most convenient way possible.

 

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Increased Sales with a Debit Terminal

Accepting debit card payments can help small businesses increase sales. Customers are more likely to make purchases when they can pay with their preferred method, and year after year, Canadians continue to shift to electronic methods of payments, including debit transactions.


Accepting debit card payments can also help small businesses reach a wider customer base. Moneris offers scalable POS systems that can grow with your business as your needs change, and we ensure that your payment processing solutions are always up-to-date and ready to face the demands and preferences of today’s consumers.

Debit Terminals are Easy to Use

Using a debit terminal is easy for small business owners. Moneris offers 24/7 live customer support and access to the exclusive Moneris Go Marketplace, plus the majority of our devices are ready right out-of-the-box.


The Moneris Go Marketplace features downloadable apps to help boost businesses, including all-in-one gift and loyalty card solutions. Marketplace also allows businesses to track and reward customer behavior, turning the POS terminal into an engagement platform for acquiring new customers. With Moneris Go Plus, small business owners can take advantage of wireless connectivity, making payment processing even more convenient in store and on the go.

 

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Benefits of Moneris debit terminals.

Using a debit terminal can help your small business improve cash flow, reduce the risk of fraud, and provide a better payment experience for your customers. 


Moneris is proud to offer industry-leading in-store and online payment solutions, all-in-one POS systems for professional services, and scalable POS systems that can grow with businesses. With 24/7 support and on-site field services, Moneris is committed to helping small businesses succeed. 


Our payment processing solutions are designed to be reliable and secure, ensuring that your customers' payment information is always protected. With our Moneris Go devices, you can access the exclusive Moneris Go Marketplace, giving you the ability to boost your business and track customer behavior. 


Whether you're a fashion boutique, grocery store, or garden center, Moneris has the payment processing solutions you need to thrive. Contact us today to learn more about how we can help your small business grow.

 

Moneris: Discover debit terminals that grow with your business

At Moneris we understand that as a business owner, it is important for you to be able to focus on running your operations as smoothly as possible. 


Our integrated tools are designed to help you increase your income and achieve success. We believe that you deserve products that are always connected and consistently perform at a high level, just like your business.

 

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