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American retail banking expert Peter Olynick predicted that by 2017, about half the country's smartphone-owning population will use smartphones as their preferred payment mode.Â
This prediction came at a time when a bigger prediction about the world coming to an end was making rounds in 2012. While that obviously didn’t come true, people have largely approved cashless transactions now. A study reveals that almost 48% of American adults use non-cash payment methods in a week. Also, 64% of Americans foresee a cash-free future when making payments.Â
Catering to such large-scale expectations and adapting to changing landscapes are, of course, the only scalable solutions for businesses. The need to discuss the frameworks of a cashless payment system at the meeting table is real. Companies seek to build sustainable cashless transaction models to streamline payments, avoid thefts and handling costs, and improve the overall customer experience.Â
Building a framework for such a drastic transition is never easy. It needs to consider the requirement, its impact on the business, and ways to counter the challenges. The meeting agenda must address all the possible concerns, without which the discussion could turn out to be shallow.Â
Imagine developing a cashless payment application that is not tech-friendly for Generation X people or requires Gen Z to sign up on complex transaction networks. That is asking for trouble.Â
There is no better way to avoid such troubles than using SlideTeam's comprehensive and inclusive PPT templates during the meetings. We have designed them to save you time and energy, allowing you to focus primarily on content. Use them to develop your meeting agenda and ensure your undivided attention to maximizing the potential of cashless transactions and mitigating the risks involved.Â
You can also make a thorough presentation about digital banking using our digital banking templates.Â
Template 1: Cashless Payment Adoption to Increase Business Sales Powerpoint Presentation Slides
This 90-slide presentation is a complete package for an organization looking to adopt digital payments in its business. It contextualizes the discussion early on by providing an overview of the framework's benefits and limitations and backs up the points with key statistics and market trends.Â
Grab this deck to compare the change's impact on your business, customers, sponsors, and employees. Based on all the statistical information, it will be utilized to foresee the cashless payment market size in the upcoming years. Eventually, it offers PPT templates to build a network for multiple transaction methods, such as cheques, mobile wallets, and cards.Â
Template 2: Cashless Powerpoint PPT Template Bundles
This deck contains a more specific presentation layout that you can use after constructing a basic framework. As a presenter, you can use it to compare different cashless payment applications based on their features, fees, transaction time, and usage by small to medium-sized businesses. It helps you choose the most impactful apps to ensure non-cash payment.Â
Additional slides offer insights into determining consumer psyche and approach towards cash-free payments and how businesses utilize them for their own benefit. Use them to build a strong case for this new payment structure by discussing the benefits and usage of multiple pay options.Â
Template 3: Insurance Claim Cashless And Reimbursement Process
Who doesn't love a fast and smooth insurance settlement and reimbursement process? It helps form trust and confidence among the insured parties and enriches your brand image. Our template streamlines the whole procedure by following a ten-step blueprint. It promotes cashless settlement, where the insurance companies directly transfer the claimed money digitally after verifying the claim. Apply it to follow a similar line of action in the reimbursement claims.Â
Template 4: Cashless Payment Overview with Benefits and Limitations
This minimalistic slide comes with an attractive format. By editing your pointers accordingly, you can present the benefits and obstacles to setting up contactless payments. List benefits such as transaction tracking or faster and more secure payments to pitch a convincing proposal to your team. Discuss problems like susceptibility to fraud or data privacy issues for customers in the system’s implementation. This ensures you get maximum returns with minimum input.Â
Template 5: Most Popular Methods Used in Business Transactions
Gone are the days when people considered ignorance bliss. This is not true, at least in the business spectrum, and therefore, it is important to know what payment methods different companies apply for regular transactions. This presentation layout contains a pie chart, which you can use to narrate payment-related data in an interesting graphic format along with insights. The visual representation of information captures the attention of your stakeholders.Â
Template 6: Strategies to Implement Cashless Payment in Business
Much like your strategies, this template creates a strong impact on your presentation upon correct usage. This slide picks different plans for a step-by-step implementation to produce the desired impact. The strategies discussed are inclusive as they consider the customers’ preferred options using surveys as determination tools. Download this slide to describe the payment processor selection process or the implementation of the CRM tool to appear confident in your planning.Â
Template 7: Preferred Cashless Payment Method by Target Audience
When you introduce a new framework, it must be friendly to use for people of every age group for it to be effective. A lack of it might make some of your target audience feel excluded. Therefore, using this PPT template, your company must categorize the audience based on their age group and generation, as different generations, such as millennials or Generation X, have different payment purposes and challenges.Â
Template 8: Comparative Analysis of Cashless Payment Application
After figuring out which audience to offer digital payment applications to, the next step is to choose the best applications among the options. Our tabular layout offers the best value for money, as it lists some contactless payment giants like Paypal, Venmo, and Google Pay and compares them based on their features, transaction time, and ease of use. Use it to identify the best payment option for your own purchases.Â
Template 9: Best Practices for Accepting Card Payment
Enabling credit and debit card payments is integral to empowering a cashless payment system in your business. With a 10% increase in business sales and a 20% enhancement in convenience, it is imperative to apply the best practices involved with this transaction method. This template describes steps like confirming customer ID for authenticity and providing physical or digital receipts after each payment. Download it to follow an uncomplicated framework.Â
Template 10: Types of Mobile Wallets for Contactless Payment
Mobile wallets, which already have a 25% market share, are expected to become the pillars of contactless transaction systems in the coming years. Considering this, all organizations planning to employ them need to understand their different types. Take advantage of this slide to explain closed, semi-closed, and open mobile wallet types with features and popular examples. Combine this with best application practices to ensure more clarity and tighter security.Â
Digital Currency is the Future
Carrying cash to convenience stores or opting for a cash-on-delivery payment mode for online shopping has started to lose popularity, particularly after COVID. It is now time for a safer and more convenient digital currency to take over the industry. To exploit the growing popularity and acceptability of cryptocurrencies, companies have already started building stronger blockchain networks.Â
While our deck above already contains best practices for leveraging cryptocurrency payments, explore these digital currency templates, which are made for you to add more depth.Â
Furthermore, flourish your banking business by becoming a part of the digital banking transformation by clicking here.
