Visa is helping lead the cashless movement by working to reshape how people pay and get paid. Visa will award $10K each to up to 50 eligible restaurant, café or food truck small businesses who best answer, “How would going cashless benefit your business and what does Visa’s cashless movement mean to you?”
It’s easy to apply! All you need to do is get out your smartphone and record your answer in a video that’s 60 seconds or less. There’s no obligation to go 100% cashless to participate or win. Check out the challenge details below and at www.visa.com/cashless – and good news, the deadline to apply has been extended to November 30!
Now, if you run a food truck, café, deli, diner or gourmet restaurant, you already have enough to worry about: your inspections, mechanical breakdowns, spoilage, employee theft, property and vehicle insurance and robberies. Why worry about how you’re going to get paid too? I’m going to let you in on the benefits of going cashless. This will help you answer the question for your contest video submission.
Benefits of going cashless
People live on their smartphones. 70% of the world – or more than 5 Billion people – will be connected via mobile device by 2020, meaning there will be more users who can make purchases electronically than ever before. The average phone user in the U.S. checks their phone more than 150 times a day. If you are a food service small business, why not make sure that there’s one more way for your customers to do business with you? Going digital allows your patrons to pay via device. Additionally, wouldn’t it be great to spend less time reconciling the cash register every night at close?
Going cashless takes the concept of grab-and-go to whole different level. This is a huge opportunity for your business to meet the growing demand of your customers. As millennials become an increasingly important customer base and more commerce is initiated via mobile device, adding digital payments to the equation makes your business look tech-savvy, and could increase your takeout or delivery business. It’s fast, convenient, safe, and future-proof.
Enter this challenge today. From now until Nov 30, 2017, food service small businesses who operate a restaurant, food truck or cafe can enter the Visa challenge at www.visa.com/cashless.
Perhaps your holidays will be a little brighter with an extra $10K.
This article was sponsored by Visa Inc., the content is the advice and opinion of Melinda Emerson.