Are you searching for the best payment processing option for your salon? If so, there are many things to keep in mind. Naturally, you’ll want to consider the rates and costs associated with payment processing, as these can vary widely from one provider to the next. It’s also vital to choose a processor that offers excellent customer support and is committed to keeping your data safe and secure. That’s a given!
Although all of these factors are essential for your payment processing needs, integration is one of the most important features to consider. Why? Because payment processing is a lot more work for you and your team without it.
Let’s explore, shall we?
Suppose your payment processing is not integrated into your scheduling and point-of-sale software. In that case, your staff will have to transfer the total from each client’s ticket into the payment processing device by hand and then confirm that payment manually within your software. Think about that for a moment. If you have a 10-chair salon that checks out a client every 45 minutes on average, and your team only works five eight-hour shifts, that’s about 106 potential tickets to process per day, five or more days a week.
Let’s estimate that each transaction only takes one minute. By the end of the month, that could result in over 2,000 minutes wasted. In more relative terms, those minutes are the equivalent of about 45 services under the current model. That wasted minute doesn’t look so insignificant now, does it? Whether it’s your receptionist or each service provider checking out their own clients, that time could have been spent with other clients.
Taking the scenario a step further, a team member will need to check the batch totals against the software totals for payment processing and rectify any discrepancies at the end of each workday. Between the time it takes and the aggravation that can come with it, reconciling accounts is the last thing anyone wants to do at the end of a busy workday.
With an integrated payment processor, your staff won’t have to manually transfer ticket totals to the processing device, saving time and effort. The payment device will sync up with your salon’s software, so ticket totals are sent directly to the processing terminal, and the client can easily add a tip and authorize the payment. This integration also eliminates the need to reconcile payment amounts at the end of the day.
But Wait – There’s More!
In addition to smoother payments and batch-out processes, other costly and time-consuming issues integrated payment processing can help with. For example, every salon has issues with late cancelations and no-shows, which are costlier than expected.
Let’s say the average ticket in your salon is $100, and you have only one opening on the schedule because of a last-minute cancellation or no-show per day. If your salon is open six days a week, that’s $600 or $31,300 annually in lost revenue. Instead, you can place a value on your time and cover expenses by requiring a credit card on file for all clients and taking deposits.
Some salons require deposits for all clients, while others only use them for new ones, those booked online, and for time-consuming services or special events like weddings. Whether or not your salon opts to take deposits, the card-on-file option can help you enforce your cancellation policy and provide faster checkouts. Add digital tipping with an integration with Tippy, and the process is even quicker.
Plus, with built-in pre-authorizations, you know the card is valid before you or your team even start the services. These integrated features offer security and peace of mind for you and convenience for your clients.
All Together in One Integration
By choosing an integrated payment processor like RosyPay, you can enjoy excellent rates, no hidden fees, and the convenience of features like deposits, pre-authorizations, and contactless payment processing with a card-on-file feature. With these benefits, you can streamline the checkout process and make it easier for your clients and staff.
So, are you ready to save all that time and aggravation by flipping the switch on Rosy’s integrated payment processing?