Pay Anytime, Anywhere, Without Internet
With CM.com's new technology, payments can be completed regardless of internet availability. This innovation liberates businesses and event organizers, who increasingly prefer 'card only' policies, from dependency on a stable internet connection.
Jeroen van Glabbeek, CEO of CM.com, explains:
“The reliance on technology and internet connections for cashless payment systems has always been a critical challenge in organizing card-only events. As a payment service provider and software supplier, CM.com has all the necessary resources in-house. A payment method that works without internet aligns perfectly with our vision to continually enhance customer experience and operational efficiency.”
The Rise of Cashless Payments
Research by Betaalvereniging Nederland and De Nederlandsche Bank indicates a growing trend in contactless payments. Both entrepreneurs and consumers are recognizing the benefits. The absence of cash reduces the risk of theft, loss, or fraud. Contactless card payments or payments with wearables are simpler and faster. Digital payments are instantly credited to the account, eliminating the need for cash handling, storage, collection, and processing.
Van Glabbeek adds:
“Moreover, avoiding cash is crucial in places where food and beverages are handled. With CM.com's new implementation, payments are processed even if the internet connection fails.”