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Benefits of Accepting Credit Cards
Top 8 reasons why you should accept credit cards


As a business owner and merchant, you already know that accepting credit cards is a smart thing to do. Your customers are expecting it, they want the convenience and it also increases your average sale value.

But to help you out, we have looked back through over eleven years in the credit card processing industry to list the top 8 reasons why you should accept credit cards. Here they are from good to great:

  • 8. Credit cards work for all kinds of businesses.
    Whether you are in retail, crafts, food services, home business, trade shows, mail order, phone sales, taxi driver, e-commerce, or another line of business, your consumers appreciate the convenience of paying by credit card.

  • 7. Credit cards are fast!
    Speed and service are important. The faster you get the consumer through checkout, the faster you get paid. Like any sales, once the customer decides to buy let them buy NOW!

    Credit cards are processed in real-time. You can be certain of your consumer's ability to pay - then verify the card - and complete a transaction almost fairly quickly

  • 6. Credit cards build confidence among your customers.
    Your customers know they won't be held responsible for more than $50 in fraudulent charges (due to VISA and MasterCard guidelines) when someone else uses their card without their knowledge or permission. Therefore, they feel safe and your customers will buy with confidence using their credit cards.

  • 5. Customers use credit cards for benefits; help them earn more!
    Rewards, airline mileage, lower gas prices and other loyalty programs are encouraging customers to use their cards more often.

    (But a word of caution. Watch what some merchant service providers may charge you to process rewards!!! It's one of those hidden charges you need to watch out for!

  • 4. Your competitors accept credit cards.
    Your competitors take credit cards. If you don't, customers may decide to go where it is more convenient to do business. Convenience is a factor that influences a buying decision.

  • 3. Credit cards are essential for e-commerce merchants.
    Credit cards are the number one payment choice for online shoppers. PayPal works well but not everyone has a PayPal account yet most consumers have credit cards. And because of SSL certificates and secure payment gateways, online credit transactions are secure!

  • 2. Credit cardholders spend more and more often.
    Credit cardholders tend to make more frequent purchases than consumers who use cash. How many people do you know that don't even carry cash in their wallets or purses anymore? It's growing more and more all of the time!

  • 1. Accepting credit cards may make you more money!
    If you want your customers to spend more, make it easy for them! Setup your business to start accepting credit cards.

Contact us today to receive the lowest cost available and start accepting credit cards within less than a week!

 

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