Why would merchants tie their capital up in non-core depreciating technology when they can rent hardware and software solutions as part of Nomads value proposition?

Nomad offers a variety of flexible payment solutions underpinned by the philosophy that you should invest the cash in your business and leave the payment systems and technology on a operating expenses model.

ADVANTAGES OF RENTALS

• Rentals are fully tax deductible, thereby minimizing income tax obligations.     
•  "Off Balance Sheet" rentals are structured, and may be shown as an operating expense, thus improving gearing ratios
• Rentals avoid capital expenditure approvals.
• No deposit is required thus reducing the clients cash outlay.
• Monthly rentals can be reduced by the use of annual escalations of up to 10-15% thereby easing up the clients immediate cash flow
• The customer has the option to upgrade the equipment during the contract, thereby
•  Providing flexibility to change as technology improves or as the company outgrows the equipment.