Debit card use was growing rapidly before the economy tanked, but the recession appears to have made them the preferred form of plastic. Both in terms of the number of transactions and the total dollar amount spent, debit cards have overtaken credit cards for U.S. consumers.
If you’re business involves wholesale merchandising or if you offer services to other small businesses such us printing, cleaning, shipping, repairing and other services, it’s time to consider accepting small business credit cards.
Checks are a hassle!
Today, most wholesale merchants and service establishments only require check as payments from small businesses. Most purchases come in large bulks or large orders, paying in cash is not practical and writing a check isn’t a viable option
Issuing checks may be an inconvenience not only for paying customers but for your business as well. With issued checks you usually need to wait for a few days before you can cash them. Also, you would still need to go out of your way to go to the bank and deposit those checks. (more…)
Online marketing is the modern way to do business. If your business already has a website, then you have already noticed an increase in your sales and customer potential. Aside from creating a professional business website and making sure that its user friendly, there is another thing that you need to consider. What, you may ask? Accept credit cards. Accepting credit cards from your customers will not only boost your sales, it will also give your business a better reputation.
Credit Cards Are a Must!
As we all know, almost everyone who is old enough to qualify for a credit card have one. And it is also a well-known fact that everyone who owns a credit card obviously use it in making purchases whether at regular stores or at online retail shops. Imagine how many potential sales you will be losing just because your customers are not able to purchase from you using their credit cards. (more…)
Accepting credit card payments from customers is indeed a great marketing strategy in enhancing your company’s profitability as well as gaining more potential customers. However, if this will be your first endeavor in accepting credit cards, you might find yourself lost amid the confusion of credit card processing and banking systems.
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