Want to boost your bottom line? The answer may be in cashless payments. It’s all about taking your current systems and updating them to current trends.

Outside of the U.S., particularly in Europe and much of Asia, cashless payments are king. More people are relying on smartphones as payment processing tools (both in the consumer and business worlds). Of course, you don’t want to rely on cashless — you want to be able to accept any money your customers are spending, whether it’s cash, card or electronic.

Look at your point-of-sale system — is it ready for cashless? If not, look into it, research your options, ask around and see what option makes sense for your business (and bottom line). - Small Business Trends, 6/26/2019