10th January 2023 Nursery Management Software All Posts

Utilising Contactless Payments in Your Childcare Setting

As technology advances and the childcare sector continues to evolve – many nursery managers will notice a higher demand for technology in their nursery settings. Tech adoption has been a growing trend for a number of years – with management software solutions available to help practitioners streamline operations, and create more time in the day to focus on child learning and development. 

The study of 136 childcare professionals revealed that there has been a 14% increase in the use of contactless payments since the onset of Covid-19 – a mechanism introduced to help reduce the amount of touch-points and make transactions as safe as possible. 

In addition to this, 49% of people believe the main benefit that contactless payments offer is a better experience for parents, while 44% feel it’s the reduced admin that is the greatest advantage. Others also referenced it being time-saving, improving safety for staff, and increasing security against fraud.

There is no doubt that in recent years there has been a surge in the uptake of contactless technology, and many nursery owners are now beginning to adopt this in their settings. 

Utilising Contactless Payments in Your Childcare Setting

Contactless payments allows you to use your phone or card to pay without rummaging around in your purse for cash or your debit card and is much more convenient for the user. 

It is a form of payment that does not require cash or card and this makes it much more accessible to parents when paying their nursery bills. By using contactless payment technology, payments can be made within seconds and will immediately be transferred into your business account. 

Why Contactless Payments are Convenient

One of the main benefits of contactless payment cards or applications is how easily it links bank accounts and processes payments with minimal effort. It cuts down transaction time for both the parent and nursery manager, allowing for a streamlined payments process that benefits all parties. 

The quickest and most affordable way to receive payments is Connect contactless. This enables parents to make payments through ParentZone. The payments are made in 5 simple steps and you receive them instantly!

Offering an enriching and fulfilling learning journey for children is paramount for childcare providers, so for many settings. Taking payments can be a timely task that is understandably a big frustration in an already busy environment. It quickly adds up to precious minutes in the working day that could be spent on child development or strategic business planning.

How Secure are Contactless Payments?

When considering the adoption of a new technology in your setting, particularly where finance is involved, it is understandable to worry about potential risks.  When using a system such as Connect Cashflow, payments are safe and secure. Our payment solution is Level 1 PCI DSS Compliant. This means you can be sure that contactless, debit and credit card transactions are processed safely and securely with fraud protection.

Why Do Parents Love Contactless Payments?

Before you consider adopting contactless payments into your business plan for 2023, it is important to consider the benefits of this technology with respect to the parents who will be using it. 

Here are the top 3 reasons why parents love contactless payments:

  • Convenient – Parents can view their bill and pay it directly within the award winning ParentZone app. 
  • Safe – Their debit and credit card transactions are processed safely and securely in ParentZone with fraud protection.
  • Fast – Payments through ParentZone can be made in 5 simple steps – and you receive them instantly!

Join the Revolution

Find out how much money and time you could be saving with Connect Cashflow today.
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Imogen is our Content and Social Media creative