A study by Mordor Intelligence on the growth and trends of the Digital Payments Market in the world revealed that the market would see an annual CAGR of 12.38% within the year 2028. It also says that contactless payments will drive the market’s growth, specifically in the Asia Pacific Region. Thus, it is high time for you to catch up and adopt Digital Payments in your laundry and dry-cleaning Businesses if you still need to get on digital payments.
Certainly, there is no doubt that the digital payments market has been booming since the pandemic started. People have been wary of using cash for making payments and have been looking for quick alternatives for money. And they are shifting very quickly to cashless payments in everything from customer transactions to workers’ incomes.
To talk of the prevalence of cashless transactions in the cleaning industry, many laundry businesses already had the structure of cashless transactions in place. But then a few others still need help adopting digital payment modes in their day-to-day transactions. So, if you are one of such Laundry Businesses, it is time to start accepting payments virtually.
So, in simple terms, if you want your laundry business to walk step by step with society, you must update yourself regularly. From customer experience & convenience, reviews, account management, and reduction in error to saving time & money- Digital Payments come in handy and can help you to some extent.
Adopt Digital Payments in Laundry Business: Why, 5 Important reasons you must know.
1) Fast, Safe, and Secure
How often has it happened with you that the customer postponed the Payment for their order because they didn’t have any cash in hand? Or your delivery executive didn’t receive the Payment after completing the order for any reason? Adopt Digital payments- it is an easy solution to these problems in your laundry business, and you can take payments from your customers virtually without any delays.
However, it makes enormous money transactions easier and faster. Furthermore, one can make digital Payments anytime from anywhere around the globe, and it offers higher payment security.
2) High Demand
During the Coronavirus Pandemic, people have shifted to cashless transactions, and digital modes of Payment are in higher demand than ever before. Henceforth, even a study on the growth and trends of the Digital Payments Market would see an annual CAGR of 12.38% within the next five years.
So, it is high time for you to catch up and adopt Digital Payments services to your customers in your Laundry and dry-cleaning Businesses.
3) Automatically keep a record of your payment details
You can easily keep a record of your payment details and all kinds of transactions that you make. Automatic payment reconciliation, so, no need to do bookkeeping or manually. Management of a business account is a problem that all businesses face. And sometimes, it becomes even more difficult when you miss recording a transaction any day. Though, such a mistake can lead to high mismanagement of your accounts, and it will cost you a lot of time to discover the disconnect.
Thus, to avoid making such mistakes, you need to adopt digital payments in your laundry business. Whereas, at QDC (Quick Dry Cleaning Software), we provide a detailed order report and cash book in the software. It records your daily transactions and eliminates the need to record transactions manually. What can be better than this? Both cash and digital transactions at one place.
4) Customer Choice Payment gateway- Enhance Customer centricity.
Integrating digital payments gateway into your business allows your customer to use any payment gateway and boosts customer-centricity in your laundry and dry-cleaning business. Obviously, it will give a customer the convenience of paying.
It also adds a point to the excellent customer experience and therefore, increases the chances of getting more good reviews and ratings.
5) No Employee Pilferage and Help Reduce Errors:
There’s no risk of your money getting stolen, employee pilferage, or lost when you pay online. It helps reduce your errors, as with all the transactions recorded on your digital wallets. So, you can’t omit any transaction while managing your accounts.
Moreover, you can easily visit your payment account to check out the trades you have made. Besides, with cash, there is a very high probability of you omitting or making a wrong transaction.
Hence, now that you have read the importance of digital transactions in your laundry and dry-cleaning business. You are all set to implement them. All you need now is the flexibility to accept and make payments through digital channels, including cards, net banking, and Razorpay.
But how? How would you go about it?
Don’t worry. We’ve got you covered!
Thereupon, fill Out this form we will help you personally in integrating RAZORPAY to your Business: – https://forms.gle/TrWuSxVHhNq2aEZz9
Quick Dry Cleaning Software works with Razorpay, PayPal, Paytm, Telr and many more payment gateways. Once your customers make a payment using a link generated by QDC, it automatically gets recorded in the software along with the transaction id. Additionally, it goes into all the reports that QDC provides for monitoring your payments. To learn more about the QDC Reports: must track reports for laundry business in 2022 – QDC (quickdrycleaning.com)