Cash transactions and the value of each cash transaction is down. ATM use is in decline, to the point where some banks are removing their machines from high streets due to a lack of demand.
In place of cash, people are often choosing credit and debit cards for their purchases, even for small payments such as buying a latte.
Financial experts predict that by 2027, just 16% of purchases will involve cash. Meanwhile, debit card sales are set to increase by 49% and credit card sales are also forecast to grow.
And even more recently, during the current nationwide situation where the coronavirus is still at large, most people would prefer to avoid handling cash and would rather pay for services by card.
We have had many requests recently to consider offering our customers the opportunity to pay for their electrical work by card payment and we have listened.
Evolve Electrical Services are pleased to announce that we can now accept payments from all major debit and credit cards. We hope people will take advantage of this new facility, which will not only add convenience but should hopefully avoid the financial worry of having essential work carried out allowing the cost to be deferred to a credit card until payday.
We have capped the maximum value of a transaction at £500, which we feel should be appropriate in most scenarios. For trade customers, or large ongoing projects we can still offer the benefit of having a 30 day account where the balance can be cleared by bank transfer.
We appreciate that some customers may still prefer to pay for our services the traditional way and we are still happy to accept payments by cash, cheque and BACS.
Please contact us for further information if required.