9 Great Reasons To Accept Credit Card Payments

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1.  Accepting credit cards almost instantly increase your sales.

Many studies have proven, including one completed by the accounting firm PriceWaterhouseCoopers, that businesses whom accept credit cards can expect a large increase in sales volume by up to 3 times!

2.  Accepting Credit Cards will create trust in your business.

Studies also show that when consumers see credit card logos indicating that your business accepts credit cards as forms of payment they feel a sense of ‘trust’ in your business and tend to buy and spend more.

3.  A merchant account improves cash flow.

Another great reason to get a merchant services account is that accepting cards has a huge positive effect on business cash flow. Most businesses will not only see an increase in sales but enjoy the fact that the money is deposited automatically into their accounts. You won’t have to wait for checks to clear or worry about bounced check fees.  No more billing or invoicing and waiting for payments, hopefully!

4. Creates impulsive purchases.

Consumers who pay with their credit cards not only buy more on impulse, but tend to spend more as a matter of fact credit card purchases are 2.5 times greater than cash purchases.

5. Over 93% of Internet purchases are done using credit cards.

Online credit card merchant account are simple to install and maintain.  Drop the expensive and clumsy PayPal addiction and get a safe and secure merchant services account.  You will save money and increase your sales!

6. Stay ahead of the Curve.

It is an every changing market place and chances are that your competition accepts credit cards. In order to stay competitive your business needs to offer its consumers the same convenience and security.

7. Make it convenient.

Let your customer decide the most convenient way to buy from you. Most consumer prefer to use credit cards because of rewards associated with their credit card. Don’t lose sales to a competitor just because you don’t accept credit cards.

8. Merchant Credit Card Accounts are Cheap!

The days of high rates and hidden fees are gone. Competition in the credit card processing industry has driven rates down and disclosure up!  Many business owners resist accepting credit cards because of the processing fees. The fact is, by accepting credit cards your business stands make more money than you pay in fees because consumers not only tend to spend more but spend more frequently. Only a few extra dollars in sales per month will more than pay for your merchant service credit card account.  As a result, by accepting credit cards many businesses make more money!

9. Quick and easy setup.

Many businesses think getting setup to accept credit cards is a long and tedious process. Not the case these days, the Merchant Doctor, will have you up and running within 24 – 48 hours!

The Merchant Doctor appreciates your participation please leave your questions or comments below!

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Tags: Card, Credit, Interchange, Merchant, PCI, Processing, Rates, Services

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