Markus Nilsson’s Post

If you're at this seminar and are curious about the benefits of automating and digitizing your cash handling processes, please stop by and talk with Joe.

Some transactions will naturally go smoothly, and others are a month of challenges. Learn what you can from each transaction, move on, and start the next one. – Kurt Uhlir #realestate #realestatelife #realestateinvesting #quoteoftheday #friday #firstdayofthemonth #december

Designed to foster greater understanding between merchants and issuers, this article highlights the main takeaways from a recent discussion between some of the world's leading merchants, Forter and Jon Borman from Capital One. https://lnkd.in/eSjpSVuT

Cash usage grew for the first time in a decade last year, according to figures from the British Retail Consortium (BRC). https://lnkd.in/g_3i7JMy #cash #financialtechnology #financialnews #financialtrends

Interesting study from De Nederlandsche Bank to understand retailer's choice for refusing cash. "This study reveals that the 40 entrepreneurs who refuse to accept cash say they do so mainly for safety reasons, citing various risks, such as the risk of robbery or burglary (38%) and theft by staff (31%)." If you're still refusing cash for those reasons or others, I'm reminding you that GLORY helps retailers with the CASHINFINITY solution. #cashinfinity makes the difference, CASHINFINITY solutions are highly secure and potentially offer self-service options anywhere that you need to take cash and give change. By using secure cassettes, security is greatly enhanced because there is no need to touch or manually count cash at any point from when it is tendered by the customer.

From Checkout to Credit: Unlocking the Power of Embedded Financing in Retail 🛍️💳 In today's dynamic retail landscape, seamless shopping experiences are key to customer satisfaction and loyalty. Embedded financing is revolutionizing the checkout process by offering instant credit, eliminating lengthy applications, and making purchases more accessible. For customers, it's about flexibility, convenience, and financial inclusion. For merchants, it's about increasing sales, reducing cart abandonment, and gaining valuable customer insights. 🚀 Ready to transform your retail business and build lasting customer relationships? Read below 👇 to discover how embedded financing is reshaping the future of commerce. #RetailInnovation #FinTech #CustomerExperience #BusinessGrowth #EmbeddedFinance #SME #EconomicGrowth #FutureofRetail #SeamlessTransactions https://lnkd.in/dWRinyhQ

Is Cash Still King? 💸 Over the last week in work I've had at least 5 customers, when asked if they were paying with cash or card, reply along the lines of "Cash! You do take cash don't you? Cash is coming back!" or "Cash please! All about Cash!!". Several of these led to some interesting discussions. While some people are clearly more passionate about this topic then others, please see Piers Corbyn ( https://lnkd.in/e_gDEzUq). The general consensus from those I spoke to believed that their was a real risk of cash disappearing, they feared being totally reliant on card and said they simply preferred managing their spending with cash. Now for those concerned, of course we can't deny the ubiquity of digital payments in our daily lives. But you should be able to take comfort in the fact that although since the COVID-19 pandemic, the use of cash has greatly decreased, the demand for it has not. This is due to the fact that cash holds an enduring value. It is universally acceptable, think trying to pay for a camel ride across the dessert with card. It provides a level of anonymity that digital payments and online banking profiles do not. Finally, cash is reliable, it is not dependent on online systems or banking networks. Combine this with a clear resurgence in people's desire to hold and spend cash. And I'd like to lean to the side hoping and predicting a resurgence in our cash usage. Especially for our small and independent businesses, often suffering from fees on card microtransactions, try and use more cash, give yourself more autonomy and potentially, get a better hold on your spending.

Today marks a historic moment in the #UK as new banknotes featuring King Charles III enter circulation! While the transition from physical to #digitalpayments continues, #cash remains a crucial part of our economy. Pete Wickes, General Manager for Enterprise EMEA at Worldpay, emphasizes that "While the debate around its relevance plays out, our data reinforces its continued importance in society and to the British economy. In 2023, cash accounted for 10% of point-of-sale (POS) transaction values, equating to ~£120bn." Read this article by Payment Expert to learn more about the ever evolving #payments landscape: http://spr.ly/6049519aZ

What is Dual Pricing? It's a pricing strategy where businesses offer two different pricing models: one for cash payments and another for credit card payments. This approach allows customers to choose the payment method that suits them best, often incentivizing cash payments with a discount. 🌟 Benefits for Your Business: - Increased Transparency: Clearly displayed pricing options enhance customer trust and satisfaction. - Cost Savings: Reduce the fees associated with credit card transactions by encouraging cash payments. - Legal Compliance: Fully compliant across all 50 states under the Durbin Amendment, ensuring you can implement it without legal concerns. Ideal for retailers, service providers, and anyone who processes a significant volume of transactions. Embrace dual pricing and give your customers the power to choose, boosting your business's flexibility and appeal. 💬 Want to implement dual pricing with BoxFi's support? Drop us a message or comment below or visit us at https://boxfi.co/ #BoxFi #BusinessStrategy #DualPricing #RetailInnovation #CustomerSatisfaction #PaymentSolutions #RetailTech #InnovativeBusiness #CustomerExperience #BusinessGrowth

𝗧𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗱𝗮𝗶𝗹𝘆 𝗶𝗻𝘀𝘁𝗮𝗻𝘁 𝗰𝗿𝗲𝗱𝗶𝘁 𝗳𝗼𝗿 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀. Retail organizations that operate on aggressive margins are constantly monitoring a number of variables to remain competitive. Two such variables are store overhead and cash flow. In this article, we discuss the topic of daily instant credit. We’ll review how it works, the entities involved, and how it can positively affect a store’s cash flow, operations, and overhead. https://lnkd.in/eVN4NEde #retailinnovation #cashmangement