Importance of Accepting Credit Card Payments

Nowadays, accepting credit card payments whether you have a physical shop or an online shop is extremely important. Based on research, many people prefer to pay via debit or credit cards due to various reasons. For physical stores, it is ideal to have a POS credit card terminal and an internet credit card processing system for online stores.

Why do people choose to pay via credit cards instead of cash? First, people feel a lot more secure in paying through credit cards because they can easily retract a payment they have made in case a problem arises. This includes problem with the merchandise or with the merchant. For online transactions, credit card is the most convenient way for customers to pay for the goods they would want to purchase. They will not need to write and send a check nor go and drop off their payments through the online shop’s physical store. Customers feel more confident when shopping using their credit cards, that said, it only means that stores that offer this payment option will see an increase on their sales as well as boost their customer’s satisfaction.

Blog submitted by Marty Franze, a Total Merchant Services provider of payment processing software/equipment and services. Offering business owners; no risk, no contract and free account set up. An invaluable resource of information as a dedicated point of contact, for those in need of the most cost effective way to accept credit cards for their business.

Why Small Businesses Should Accept Credit Cards From Their Customers

Choosing to use credit card merchant services if you haven’t already could be the best decision you ever make. Did you know that accepting credit cards at your business can instantly increase your sales by 23%? This is because most people today only carry their credit card with them. Yes they can use an ATM machine inside a store or make a quick run to the bank for cash, but if you choose not to accept their credit card, it is so incontinent and out of the ordinary that it borders on the point of insult. You can easily lose hundreds, even thousands of customers every year by not accepting credit cards.

A credit card merchant account can offer you much more business than before on a cash or check only basis. Nobody really carries their checkbook around anymore. It’s a security risk because they have no way of stopping a thief from using their checks, where a simple phone call can deactivate a credit card.