Anticipate summer demand and secure your electronic payment devices stock!

As summer approaches, businesses in retail, hospitality, and other sectors can expect a predictable surge in foot traffic. For professionals in these industries, ensuring that their POS infrastructure is prepared for this increased demand is critical. Key elements of this infrastructure include electronic payment terminals (EPTs), which enable merchants to accept card payments efficiently and securely.

Anticipating summer demand means preparing not only for an influx of customers but also ensuring your business operates smoothly with sufficient equipment to handle all transactions. In this article, we share top tips for managing summer demand!

Refurbished terminals: an economical and practical option

One of the most effective ways to secure your stock of payment terminals is to consider refurbished terminals. These reconditioned devices provide a cost-effective and practical alternative to buying or renting new equipment. By opting for reconditioned POS terminals, you can benefit from lower prices while ensuring the quality and reliability of your devices.

Additionally, refurbished terminals increase your chances of finding large quantities of older or even obsolete models that your staff are already familiar with, making it easier to manage your POS terminal fleet if it remains homogeneous.

Choosing refurbished equipment also reduces your company’s environmental footprint by extending the life of devices that might otherwise be discarded. Many suppliers of refurbished electronic payment devices also offer comprehensive warranties and after-sales services, providing peace of mind for retail and foodservice professionals.

You can select from a range of refurbished EFTPOS terminals, including pinpads, cheque readers, and bank card readers.

Should you buy or rent payment terminals?

The decision to buy or rent payment terminals depends on your business needs. For temporary or seasonal peaks, renting is often the most practical solution, helping to avoid unnecessary capital expenditures. Renting is ideal for managing summer peaks in activity, and with a maintenance contract, you can ensure uninterrupted service throughout the season.

If your needs are more consistent year-round, purchasing equipment might be the better option. While the initial investment is higher, ownership offers greater flexibility and control, especially during non-peak periods.

Leading brands and models: what choices for your business?

When selecting EFTPOS terminals, there are several top brands and models to consider, depending on your business’s needs.

To ensure a successful summer season, it’s crucial to anticipate your equipment needs as early as possible. Work with a supplier that can assist you with both purchase and rental solutions. Don’t wait until the last moment—start planning now to secure your equipment and avoid disruptions during peak activity.

Need help deciding whether to buy or rent electronic payment terminals for the summer season? Our Codeo advisers are here to assist you. Contact us today using our form to discuss your project!