LONDON, May 11, 2016 /PRNewswire/ --
Digital payment device will render manual cash registers obsolete
Worldpay, the UK's leading payments processor, has transformed the till as we know it with today's unveiling of My Business Hub. This intuitive, all-in-one tablet-based till will completely change the way small business owners collect and reconcile payments in their shops. As a result, everyday transactions will be much simpler and less time-consuming.
Replacing the till of old, My Business Hub consolidates existing cash registers, payment devices and receipt printers into one fully integrated payment device. Fast and intuitive to use, My Business Hub automates reconciliation of cash and card payments, reducing the daily admin burden and leaving business owners with more time to concentrate on growing their business. The all-in-one device will even enable small business owners to take sales from anywhere in the store, something which has been beyond their reach until now.
Dave Hobday, Managing Director of Worldpay UK, said: "Great technology should not be the preserve of large companies. My Business Hub sits at the heart of our strategy to provide small business owners with access to the tools and support they need to grow. My Business Hub makes running a business easier, and the way we have designed the product means it can evolve and flex to address the specific needs of small business owners. We are challenging consumer perceptions of small businesses, enabling them to provide a more personalised service and literally putting growth at their fingertips."
Operated with a detachable Android tablet, My Business Hub gives business owners the freedom to take payments anywhere on their shop floor. This flexibility means staff can spend more time helping and advising customers, enhancing the overall customer experience, while also helping to reduce queues at busy times. The tablet also allows businesses to use the device for other functions, whether that be ordering stock online or checking emails and responding to customer enquiries.
Providing a holistic view of all transactions and trends, My Business Hub is also fully integrated with My Business Dashboard, Worldpay's online insights tool for small businesses giving full access to card transactions online. Hub users will be able to see both cash and card transactions in their My Business Dashboard account, saving them time, whilst also enabling them to track performance, view sales trends and gain valuable insights about their business.
Worldpay customer Peter White, owner of Tilbury Tiles in Essex, has been using My Business Hub since early 2016. He has found that the new technology has given his business an edge when it comes to creating the right customer experience.
"The fact that it's all in one is perfect, it's really easy to use. It does away with paperwork and being able to log in to the online account to get all of our records is great.
"Providing a stress-free shopping experience is very important for our business, especially when customers are paying for higher value orders which can often be over £500. Most of our customers prefer to pay by card and My Business Hub helps give customers that extra confidence."
Available at an accessible price for SMEs, getting up and running with My Business Hub could not be easier. Simply unpack, plug in and download the My Business Hub app from the Google Play Store to start taking transactions. The simple app gives business owners instant access to the very latest technology from Worldpay and its network of partners with automatic updates when new features and functions are added.
My Business Hub is currently available on a limited basis, with full roll-out coming in Summer 2016. For more information on My Business Hub and to register interest visit: http://www.worldpay.com/uk/my-business-hub
Notes to editors:
Worldpay is a leading payments company with global reach. We provide an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies. We help our customers to accept more than 300 different payment types.
Worldpay UK has a 42% market share in the UK and helps businesses of all sizes sell more to their customers by accepting card payments in-store, online, via mail or telephone, and on the move. http://www.worldpay.com/uk
For more information please contact:
Siobhan Acha Derrington