Accepting credit cards should be a standard business practice for any company, large or small. The convenience, the ease of use, and the flexibility offered to the customer is unmatched. Your customers want the ability to make payments using their credit card, it is very convenient to them. A smart business should always be able to accept a customers card
By accepting credit cards, you are allowing your customers to make their own decisions as to how and when they want to pay for their purchases. The credit card merchant pays you in full and in turn allows the customer to make monthly minimum payments or pay the balance off when they choose. You are letting your customers use another alternative to paying you if they do not have cash on them.
The convenience of accepting credit cards is afforded to both your customers and your employees. Typically, a credit card payment is processed quickly and painlessly whereas a check can take a long time to clear. Even if the check is approved, it could become NSF (non-sufficient funds) and thus require a concerted effort to collect the outstanding balance. Cash payments are wonderful but customers do not allows have cash. And the normally prefer to pay with a credit card. the element of human error comes into play should the employee return the wrong amount of change.
The ease of use in accepting credit cards is truly the best, the customer just slides their card through the slot and the transaction is approved and paid in one full swoop. It’s fast, easy, and doesn’t waste anyone’s time.
Accepting credit cards is the ultimate in customer service and utilization of employee time. No other transaction is faster and as easy to handle. Do yourself and your business a favor and start accepting credit cards immediately. Your sales will show a healthy increase as will your company’s bank account.