Eight top tips for successfull …

Eight top tips for successfully upgrading your payments system

Customer using upgraded payments system in clothes store

Thanks to Finextra for publishing our article. The article provides 8 essential tips for successfully upgrading a payments system, emphasising the importance of strategic planning and comprehensive understanding.

Readers will learn:

  • Future-Proofing: Consider long-term needs and potential disruptions, involving representatives from all departments in decision-making.
  • Consultative Approach: Work with partners who offer tailored service and technical support, not just technology suppliers.
  • Proactive Maintenance: Anticipate changes and market shifts, avoiding waiting for faults to arise before seeking help.
  • Employee Engagement: Prioritise employee needs and usability to ensure smooth adoption and operation of the new system.
  • Simplification: Streamline multiple systems into a single, centralized payment gateway for efficiency and ease of management.
  • Security: Ensure robust security measures are in place to protect customer data and mitigate fraud risks.
  • Adaptability to APMs: Stay abreast of emerging payment methods and ensure the system can accommodate evolving trends.
  • Embrace Pay by Bank: Consider adopting Pay By Bank, a QR code-based payment method that offers simplicity and significant cost savings compared to traditional methods.

By following these tips and selecting a reliable payment partner, retailers can navigate the complexities of upgrading their payments system and position themselves for long-term success and growth.

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