Q. What’s the best way to ensure that students can only spend their money on your premises?
A. Remove cash from the equation and issue smartcards. That way, the funds can only be used in your establishment.
Ironic, isn’t it, that by deciding not to accept cash at your point of sale you’ll actually see your turnover increase. Your service lines will move faster too since there’s no waiting around for change, that’s the beauty of a tap & go system. And with the myriad of reporting functionality available, there’s no more throwing money down the drain along with the leftovers. Oh, and it goes without saying there’ll be no more trips to the bank to lodge all that pesky cash and pay bank charges for the privilege. Instead, parents can top-up a pre-paid debit card, and the funds are in your account ready for use.
The only losers in the cashless cafeteria scenario are the local fast food outlets and that’s no bad thing. We’re not bashing these outlets – they have their place in today’s hectic lifestyle scenarios – but when parents provide dinner money they rightl