Whether you work in a hair and beauty salon or have been to one for a treatment, we can all agree that it's fast-paced. The last thing anyone wants is to be slowed down when taking payments. By accepting card payments, your business can reduce the transaction time by 50%.
UTP is a card processing company that has been helping businesses succeed for over ten years. They provide a range of physical and virtual card machines to suit all business needs. Many of their customers are in the hair and beauty industry. Here's how accepting card payments with UTP can improve your business.
Many of us leave the house with only our phone for contact, navigation, and now for payments. On average, 47% of us have less than five pounds in change on us daily. Instead, we rely on the ease of using our digital wallets, such as Apple Pay and Google Pay, on our phones. For hair and beauty salons, the average transaction price is on the higher side. This means if your business only accepted cash, customers would have to get cash out before visiting your salon. Not only does this make the person carrying the cash a target for theft, but it can also be annoying for the customer to go out of their way to withdraw cash. More than half of people have admitted they are deterred by cash-only businesses due to these reasons.
UTP's card machines accept all types of card payments, from the traditional chip and PIN to the more commonly used contactless and digital wallet payments we see today. Their card machines process transactions in less than four seconds. Customers can get on with their day faster, while you can set up for your next client.
Customers paying by card are 18% more likely to make spontaneous purchases. In a hair and beauty salon, this can be beneficial when you are trying to sell products. Customers usually underestimate their total cost when paying by card, so they are inclined to purchase more. Whereas when people are paying by cash, they overestimate their spending by nearly 10%. With UTP's terminals, your customers can also leave gratuities. On your card machine, you can let your customers add their own percentage tip, a custom amount, or no tip. Accepting card payments with UTP enables your customers to pay how they prefer, in ways that are convenient for them. This often equates to increased spending.
In your hair and beauty salon, it's important that your card machine has a strong connection. This ensures that all payments go through smoothly and there are no delays or errors. The UTP Max card machine can connect to the internet in various ways, including GPRS, 3G, 4G, and WiFi. You can also connect via Bluetooth. These connection options allow you to take payments around your premises. It also means that you have backup connectivity options in case one is down. Due to the SIM card in the UTP Max, you can offer home services and take payments on the go. Offering this service can further increase your customer base, as you can now see to clients who are unable to go to your salon.
One reason for businesses to only accept cash is because they worry about the cost. UTP offers competitive transaction rates and is usually 33% cheaper than other card processing companies. Another reason why people are hesitant to accept card payments is due to cash flow. However, UTP has taken this into consideration. Faster Processing is UTP's free service which enables you to get paid frequently. You can get funded after each transaction or after each working day. It can take other card processing companies up to four working days to fund you and some even charge extra to fund you faster. Faster Processing eliminates the low cash flow worry that many businesses have.
Do you want a card machine for hair and beauty salons, or do you want to see how much UTP can save you? Get in touch with today for your free quote.
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