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Reasons not to invest in EDC machines in 2025!

12 January 2025

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#POS #Restaurant

Reasons not to invest in EDC machines in 2025!

The EDC (Electronic Data Capture) machine was once an essential device for businesses wanting to accept credit and debit card payments. However, by the year 2025, there are several reasons why businesses should consider alternatives instead of investing in EDC machines.


1. The Rise of QR Code Payments

Currently, QR Code technology is becoming increasingly popular, especially in Thailand. Most banks and payment providers support the use of QR Codes, which are convenient, fast, and do not incur additional costs for purchasing EDC machines.


2. High Fees

EDC machines usually have high fees for payment processing, including monthly fees, transaction fees, and installation fees. Meanwhile, other digital payment systems have lower costs.

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3. Development of Financial Applications

Financial applications such as Mobile Banking and e-Wallets allow consumers to make payments via their mobile phones easily without using cards, reducing the need for EDC machines.


4. Security Risks

EDC machines may have security risks such as hacking or credit card data theft, while mobile payments or QR Code systems have stronger security measures.


5. Convenience of Receiving Money via Digital Accounts

Small businesses can receive payments via bank accounts or payment applications instantly without using EDC machines, reducing costs and the hassle of managing a payment system.


Summary

In 2025, digital payment technology will rapidly grow, making EDC machines no longer a worthwhile option for businesses. New options such as QR Codes, e-Wallets, and Mobile Banking are better choices in terms of cost, convenience, and security.

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