News

In February 2021, 85% of Americans were reported to own a smartphone. The statistics were a stark contrast to the 35% of Americans who owned a smartphone back in 2011. The new trend is indicative of the fact that most Americans are well-acquainted with the latest technology. Global statistics are no different.

In 2020, mobile payment technology collectively welcomed 6.5 million users, most of whom were Gen Z and millennials. They’ve streamlined the technological aspect for several small businesses and professionals.

Mobile POS systems have, by and large, replaced cash registers and manual bookkeeping. These innovations have reduced human error, oversight, and fraudulent activity for smaller businesses that previously lacked a proper payment gateway. And that’s not all these apps have done.

The real superheroes of America are blue collared; Handymen, Home Service Technicians, and Small Businesses. But while you build America with your blood, sweat, and elbow grease, don’t forget to keep an eye on your bank balance.

Small business owners have to adopt all the right measures to meet their future growth targets efficiently. The use of innovative technology can help reduce redundancies within the workplace and optimize operations.

On average, small and medium businesses in the US spend 15 days and $6000 in labor costs to chase delayed payments EVERY YEAR. As of 2020, there were 3.7 million micro-businesses. That was 532,800,000 working hours down the drain. Surprising, isn’t it?

According to a 2020 report by Reuters, the domestic work sector in the United States experienced the biggest casualties of the pandemic. The shelter-in-place orders put millions of landscapers, gardeners, nannies, caretakers, and domestic helpers out of a job, with some receiving no house calls for months on end.

ScanPay is helping many small to medium business owners achieve their operational goals with an innovative mobile invoicing app. Their contactless method of payment has made financial transactions safer for both consumers as well as retailers.

ScanPay offers a mobile digital payment app for contractors and other service professionals that makes financial transactions easier for all parties involved.

ScanPay helps thousands of businesses in the US accept contactless payments (Apple Pay, Google Pay, Samsung Pay) through the ScanPay mobile payment app.

ScanPay is a digital payment solution that replaces traditional methods with an easy-to-use and safe mobile payment app. With ScanPay, merchants can accept payments anywhere and anytime.

If you're a retailer, you've probably spent more time researching new mobile POS systems than anything else. The reasons are obvious—the growth of mobile technology has made it possible to do business anywhere, anytime.