Are you ready for the shift toward diversified payment methods?
In recent years, mobile payments have become increasingly popular. Non-cash payments have become a global trend, with governments worldwide actively promoting digital payments as they move steadily toward a “cashless society.”
Non-cash payments include credit cards, mobile payments, third-party payments, e-payments, and electronic tickets. In Taiwan, this is officially termed “electronic payments.” Electronic payments help improve economic efficiency, reduce the costs associated with cash handling, shrink the underground economy, and promote financial transparency.
Over the past three years, Taiwan has been greatly impacted by the COVID-19 pandemic, which significantly changed the lifestyles of consumers and various industries. It also shifted traditional cash payment habits. The government has actively promoted new epidemic prevention lifestyles, encouraging businesses to utilize diversified payment methods to maintain safe social distancing and reduce contact infection risks. As a result, the proportion of consumers choosing mobile payments has surged, and the habit of using multiple payment options is becoming an industry trend moving forward.
To help business owners keep up with these industry trends, Datai has integrated popular consumer payment methods in recent years, including Apple Pay, Google Pay, LINE Pay, JKoPay, Pi Wallet, Taiwan Pay, and EasyCard Pay. In 2022, Datai also added integrations with PX Pay by PX Mart and QuanYi Pay by FamilyMart. After choosing to use Datai’s POS system, brands can be assisted in integrating the electronic payment methods their businesses require, giving consumers more choices that suit their payment preferences.
Once the integration with the POS system is completed, when customers select from multiple payment options, the payment amount is directly transferred from the POS system. Customers can then follow the respective electronic payment process to complete checkout quickly, speeding up transactions and ensuring smoother store operations.
Additionally, after integrating multiple payment methods, Datai’s BI and operational dashboard systems will list the payment amounts and proportions by payment type for each brand. Brand headquarters can analyze each store’s payment preferences through this data, which can also serve as valuable insights when planning future store expansions.