According to recent data from UK Finance, approximately 57% of UK adults used mobile wallets last year—a significant jump from 42% in 2023. This shift isn’t just a temporary trend; it represents a fundamental change in how consumers prefer to pay. Mobile wallets are becoming the preferred option for day-to-day, low-value transactions, signaling that businesses must adapt their payment infrastructure to meet evolving customer expectations. This article will explore this change and its impact on new EFTPOS machines.
For businesses operating in retail, F&B, banking, and delivery sectors, the message is clear: traditional card processing alone is no longer sufficient. Today’s terminal payment machine must handle multiple payment methods seamlessly—from chip cards and magnetic stripes to NFC-enabled mobile wallets and QR codes.
Why Modern EPOS Card Machines Need Multi-Payment Capabilities
The rapid adoption of mobile payments across all age groups has created new operational challenges. Mobile banking has surpassed online banking as the most common way to access accounts, with approximately 75% of UK adults using mobile banking last year. This behavioral shift means customers expect to tap their phones at checkout just as easily as they swipe a card.
A truly effective credit card processing equipment today must support:
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Contactless card transactions via NFC technology
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Traditional chip and PIN for customers who prefer physical cards
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Mobile wallet integration (Apple Pay, Google Pay, Samsung Pay)
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QR code scanning for app-based payment platforms
Businesses that fail to offer these options risk losing customers at the point of sale—a costly missed opportunity in competitive markets.
Speed, Convenience, and Security: The Three Pillars of Modern Payment Processing
1. Processing Speed Matters More Than Ever
In high-volume environments like restaurants and retail stores, transaction speed directly impacts customer satisfaction and throughput. Modern electronic payment machines must process payments in seconds, not minutes, regardless of the payment method chosen. Slow terminals create bottlenecks, frustrate customers, and reduce staff efficiency.
The latest generation of contactless payment machines leverages advanced processors—including octa-core chipsets with 12nm architecture—to handle multiple payment streams simultaneously without lag. This mobile payment processing power ensures that whether a customer taps their phone, inserts a card, or scans a QR code, the transaction completes quickly and reliably.
2. Convenience for Businesses and Customers
Convenience operates on two levels: the customer checkout experience and the merchant’s operational flexibility. Customers want minimal friction—no fumbling for cards or waiting for approvals. Merchants need mobile devices that work across multiple scenarios without requiring separate hardware for each use case.
A versatile smart mobile payment terminal should offer:
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Portability for tableside service, mobile vendors, and field operations
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Large, intuitive displays (6.5″ or larger) for easy navigation
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Long battery life to support full-day operations without interruption
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Connectivity options, including 4G, Wi-Fi, and Bluetooth, for deployment flexibility
Telpo P9 payment terminal machine exemplifies this approach with its 6.5″ touchscreen, 7.6V/3500mAh battery, and ergonomic design. The device runs on the latest Android system with up to 4GB+64GB memory, ensuring smooth operation even with multiple applications running simultaneously. For specialized needs, the Telpo P9 family includes variants with secondary displays, integrated fingerprint scanners, and PDA configurations—adaptable to retail, F&B, banking KYC, and food delivery applications.
Security Cannot Be Compromised
With the increase in digital transactions comes heightened security risks. Every contactless card payment machine must comply with PCI standards, employ end-to-end encryption, and receive regular security updates. Customers trust businesses with sensitive financial data, and a single security breach can devastate a company’s reputation.
To ensure secure transaction processing and enhance customer experience, the Telpo P9 has passed multiple international security certifications, including PCI-PTS V6.x, EMV, Paywave, Paypass, American Express, UnionPay, Discover, Pure, Rupay, and TQM.
Integrated Payment Solutions for Diverse Business Needs
Beyond individual devices, forward-thinking businesses are adopting a comprehensive advanced payment solution that unifies hardware, software, and backend systems. Telpo’s smart payment solution offers businesses flexible deployment options with both printer-integrated and PDA configurations, adapting to different operational environments and requirements.
These integrated systems support multiple payment methods within a unified platform. The intuitive interface design accelerates transaction processing across various business scenarios, from mobile vendors to established storefronts.
Choosing the Right Smart Mobile Payment Terminal for Your Business
When evaluating a new payment POS machine, consider these critical factors:
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Payment Method Compatibility: Ensure the device supports all payment types your customers use—contactless cards, mobile wallets, traditional cards, and QR codes.
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Processing Power: Look for terminals with modern processors (preferably octa-core) and sufficient memory to handle demanding applications without slowdowns.
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Display Quality: Larger screens improve usability for both staff and customers, especially for signature capture and receipt review.
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Battery Performance: For mobile or high-traffic environments, battery capacity determines whether you can complete a full business day without interruption.
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Scalability: Select solutions that can scale with your business, supporting software updates, new payment methods, and seamless integration with emerging technologies.
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Vendor Support: Reliable technical support and regular firmware updates are essential for maintaining security and functionality over the device’s lifetime.
Future-Proof Your Payment Infrastructure with Telpo Credit Card POS Terminal
The UK payments landscape will continue evolving as consumer preferences shift toward faster, more convenient digital payment methods. Businesses that invest in modern, multi-functional credit card terminals position themselves to capture every sale, regardless of how customers choose to pay.
Don’t let outdated payment technology cost you customers. Explore how Telpo’s payment terminal solutions can streamline your checkout process, enhance customer satisfaction, and prepare your business for the next wave of payment innovation. Contact us and discover the full range of Telpo P9 configurations and payment terminals designed for your specific industry needs.
