It’s 2:30 a.m. and clubs and bars are closing their doors for business. The throngs of inebriated patrons are all tapped out of cash, but they are also starving from a long night of dancing and alcohol consumption. Debit cards in hand, they approach a food truck and begin to order a bacon-wrapped hotdog. The owner then informs them that they only accept cash. This could have been easily avoided if the owner would only have invested in a portable credit card reader.

Related: Best credit cards for business travelers

A mobile POS and reader can help someone who owns a food truck increase their profits drastically. Using something like a SmartSwipe POS, would make you able to accept card payments anywhere which is an invaluable tool. In today’s market where cards and apps are used to make purchases, this ability is a necessity. A food truck conducting business without this is like entering a boxing match with Floyd Mayweather with an arm tied behind your back. This would not be a wise decision on anyone’s part.

The food truck industry is an extremely competitive one, and giving your business the ability to accept more payment options means that your product is always an option for any potential customer. This seems obvious, but can serve as a reminder that the market has come a long way and people are not always willing to go to an ATM for cash.

Having the ability to use a mobile POS that can track information and provide data on what is popular on your menu is still very important. It can not only help you to keep your inventory balanced, but also show you what you do not need as much of which can help you to save a lot of money in the long term.

You might also enjoy: Tips for taking a business trip to Europe