The significant shift in payment methods coupled with a higher level of convenience has transformed consumer demand; they’re more likely to adopt new methods of payment, especially when relating to cashless transactions. Moreover, in the present era, the regulations and customer adoption have revolutionized our society. However, it’s certain that the trend will become more prevalent over the coming years, which is evident in the gaming industry.
The gambling industry has transformed over time, merely considering the casino experience and changes in entertainment and social habits is a secure testimony to this. In addition to better consumer experience, a great number of casino owners and casino club runners are incorporating cashless systems into their business.
Being a business owner, if you are looking for innovative cashless gaming solutions, MOBILEMONEY can assist you in integrating the latest cashless systems into your business.
That being said, you will have many questions about the integration of the latest cashless systems into your business. No need to worry, as we will answer the most common questions you might have. Let’s have a look:
Why should you Incorporate a Cashless System?
With the increase in popularity of new payment methods, a significant number of consumers are switching to modern payment techniques compared to traditional ones. By offering a vast range of benefits to players and operators, the cashless system is making high tides in the gaming industry.
While credit and debit cards are considered the quickest ways to make payments, the RFID system has increased processing times significantly. Having a cashless system will keep your patrons from waiting in queues to make transactions. Moreover, it offers greater efficiencies combined with less cash handling, which makes the gambling experience for patrons hassle-free.
What Cashless Solutions are out there?
Many cashless systems incorporated in state-of-the-art machines, such as cashless kiosks from MOBILEMONEY, not only improve user experience but will also increase foot traffic to your casino. To utilize cashless systems, the users need to enroll for RFID through a simple process.
What is an RFID System?
The Radio Frequency Identification (RFID) wrist band has electronic chips to collect and track data. In other words, it is a wireless communication system coupled with POS hardware. You will be surprised to know that this technology is usually used in military operations.
Using RFID wristband, your customers will be able to make cashless transactions; all they will need to do is to tap their wrist band and spend without any worry.
What Benefits will you get by Adding a Cashless System?
Moreover, cashless systems ensure that your money is safe from criminal attempts. Besides, your players will be able to enjoy more convenience, which means a higher customer satisfaction rate. Not to mention, it will help retain customers, and your business will reach new heights of success. Moreover, the RFID system installed at MOBILEMONEY’s cashless kiosks is highly secured, which means there is no risk of robbery or theft.
In addition to increasing your gaming floor performance by driving significant foot traffic, the cashless system reduces the number of hand pays. As a result, it will help boost your cashbox revenue considerably. Furthermore, due to less cash handling, the latest cash system from MOBILEMONEY will free up your staff and increase flexibility and convenience for your players.
What do you need to do to add a Cashless System?
After incorporating cashless kiosks, you will search for trustworthy providers, such as MOBILEMONEY. Once the device is purchased, the technicians and experts will deploy the kiosk into your casino or card club, so that your customers can enroll and use their debit card, credit card or cash RFID wristband.
Last, but not the least, these mobile kiosks will make it easy for your patrons to convert their cash or money cards into electronic currency; this will allow them to have enough balance in their account, which they can spend during a game.