ADVANTAGE
There are registered reading errors in about 6% of the transactions worldwide, which increases the chance for fraud. The use of the CleanYourCard Program dramatically reduces the number of errors, improving the safety of transactions. This will greatly benefit the card user, the merchant, the bank and of course the credit card companies.
Merchants using the CleanYourCard Program will save money and eliminate many practical problems. Clean terminal card readers and debit or credit cards are necessary to ensure as well as secure the business of customers with no cash.
Examples of potential increase in annual turnover resulting from use of the CleanYourCard Program are shown here:
|
Merchant with
2 terminals |
Merchant with
8 terminals |
|
|
Potential turnover on debit or credit cards
|
$ 2,000,000 |
$ 10,000,000
|
|
6% error and loss in turnover
|
$ 120,000
|
$ 600,000
|
|
Potential reduction in errors by 50%
|
$ 60,000
|
$ 300,000
|
|
Potential increase in turnover
|
$ 60,000
|
$ 300,000
|
|
Cost of CleanYourCard Program
|
$ 1,118
|
$ 4,472
|