Kamis, 01 Oktober 2009

Accept Credit Cards - Increase Sales and Profits

f you're a small business owner, you may wonder if signing up for a merchant account or payment processing service is worth the time and expense. The answer for most businesses is a definite Yes. There are many benefits to being able to accept credit cards, whether at your location or on your website. Most entrepreneurs find that the increase in sales far outweighs the expense of the annual charges or processing fee.

First of all, being able to accept multiple forms of payment will win your customer's confidence. It establishes your business as reputable, modern, and in step with the times. Second, you just can't beat the convenience of being able to accept credit cards - both to you and to your customer. Most people carry very little cash. Why send a prospective customer to the corner ATM - and risk that they'll change their mind on the way, or get distracted and spend their money elsewhere? If you accept credit, debit, and gift card payments, you're more likely to make that sale. Knowing that they are shopping on credit encourages people to spend more, because they know they can buy now and pay later - increasing your chances of convincing your customer to choose the upgrade, go with the luxury option, add all the accessories, or indulge in the double chocolate fudge dessert.

If you do business online, having an electronic payment processing solution of some kind is essential to your success. People shop online with their credit card handy - if all you provide on your website is an address where they can send a check payment, chances are they'll keep browsing, and end up buying from your competitor. Being able to accept credit cards also opens up your opportunities for international sales, since credit card purchases simplify the foreign exchange process.

You may be surprised at how quick and easy it is to set up a merchant account and accept credit cards. Many merchant account providers focus on simple, affordable solutions tailored to the needs of small businesses. Whether you run a restaurant, cafe, guesthouse, day spa, hair salon, or retail store, you'll find that having a payment processing solution will take your business to the next level. Portable credit card processing equipment is also available for those who do business at parties, trade shows, or on the road.

The ability to accept credit cards in your business can be a vital element for increasing your bottom line. Maximus Oxenbold is experienced in the field of the merchant account and enjoys writing on this topic. For more information check out his other articles!

Tidak ada komentar:

Posting Komentar