In a world moving rapidly towards digital payments, mobile payment solutions like tapeeno are becoming vital tools for micro-businesses. Yet, myths about their complexity and security still hold some businesses back.
Myth 1: Mobile Payments Are not secure
Think mobile payments are risky? It’s time to reconsider. According to UK Finance, contactless payments accounted for 38% of all UK transactions in 2023. Their popularity keeps growing because they are built on robust, secure and speedy technology like Near Field Communication (NFC).
With tapeeno, your transactions are encrypted. You never store sensitive cardholder data on your phone. Plus, with consumer confidence in mobile payments driving the UK market to a projected value of $31.9 billion by 2030 (around GB£25 billion) you’re investing in a proven, trusted system.
Myth #2: Mobile payment apps are too expensive for small businesses
Many small businesses worry about hidden costs when adopting new technologies. Here’s the truth: tapeeno offers a cost-effective pricing model. This allows you to accept payments without the burden of hefty upfront costs or long-term contracts.
And you’re not alone in this shift. UK businesses are rapidly adopting mobile payments, with debit cards leading the charge in small transactions. Contactless payments have become the standard, making mobile solutions not just affordable but essential.
In fact, the flexibility of mobile payment systems has made them particularly popular among micro-businesses such as market traders, personal trainers, and pop-up shops. By using a smartphone and tapeeno, you avoid expensive hardware while offering your customers the convenience they expect.
Myth #3: Mobile payment solutions are too complicated to set up
We get it—new tech can feel intimidating. But mobile payment apps like tapeeno are designed for simplicity. All you need is a smartphone, and you can start accepting contactless payments.
Research shows that UK consumers are making more payments than ever, with £48.1 billion transactions in 2023. This reflects a growing expectation for seamless, cashless payment experiences. With tapeeno, you meet these expectations without needing complex equipment or technical expertise.
Setting up tapeeno is as easy as downloading the app, creating an account, and linking it to your bank. From there, you’re ready to start accepting payments—no extra hardware, no hassle.
Ready to make the switch?
Don’t let outdated myths hold your business back. tapeeno empowers micro-businesses across the UK to take control of their payments with security, affordability, and ease.
