Businesses That Accept Credit Cards Experience Major Increases in Sales

Today, there are many payment processing options available for business owners, such as credit card machines (Point of Sale-POS), wireless credit card machines and various mobile phone payment options.
Recent studies have shown businesses which accept credit card payments experience an upsurge in sales almost instantly. Studies also show that credit card holders are more likely to buy from a business that accepts credit cards than one that does not.
Here are a few reasons to offer credit card payments as a payment option for your customers:
Attract impulse buyers.
Consumers are more likely to make impulse purchases with their credit cards. They also love using credit cards because they can earn cash awards and bonus points from their credit card provider.
Accepting credit cards builds credibility.
Experts suggest when business owners advertise the major credit card logo at their place of business or website, it builds the consumers trust. In addition, statistics show that more than 90 percent of Internet purchases are made with major credit cards. If your business does not accept credit cards, you’re losing money.
Receive money from your customers instantly.
When a business accepts credit cards, it can improve cash flow. When your customers purchase your products or services, the funds from the credit card sale are immediately transferred to your bank account. With a credit card machine, you no longer have to wait a long time for a check to clear before receiving money.
It’s affordable.
The days of paying expensive merchant account fees are long gone. Credit card processing fees are very inexpensive. They’re so inexpensive that a start-up business on a shoe-string budget can afford to accept credit cards.
Increase orders.
Customers are more likely to make recurring payments than they would with other forms of payments.
Fast and easy set up.
The overall set up process is very easy. Depending on the merchant account provider, you can be up and running within 1-2 days.
Today, there is really no good excuse for not accepting credit cards. Your customers will expect you to accept credit cards. If your competition is accepting credit card payments and you’re not, will lose potential profits.    

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The Best Merchant Account

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