Accepting credit cards legitimizes your business.
By displaying the logos of the credit cards you accept in your POS, register or website, you grab cardholders’ attention and present them a feeling of rely upon your business. They trust these bank card brandsenough to transport them in their wallets, which trust transfers to the merchants who accept them.
Accepting credit cards can enhance sales.
Whenever you take your business from a cash-only operation to one that accepts credit and debit cards, your possible client base broadens significantly. The more customers you attract, the much more likely you are to make additional sales.
Accepting bank cards helps level the playing field with your competition.
Your competitors already are accepting bank cards. To stay profitable and competitive, you need to own same service.
credit card processing companies
Shoppers like having the ability to complete transactions efficiently without having to write a check or set you back the ATM, which limit their expenditures to their available funds. Studies have indicated that customers have a tendency to spend more when they’re paying with bank cards, especially when it comes to impulse purchases.
Accepting credit cards can improve your money flow.
Bank card transactions are processed electronically and settled quickly, with proceeds typically deposited into your money quickly and efficiently. This implies no more looking forward to checks to clear, forget about billing and waiting to gather from your visitors, and less money to handle.
Accepting credit cards is essential if you do business online.
Nearly all transactions on the internet are payed for with credit cards. If you are a e-commercemerchant, accepting bank cards is vital for your business.
Accepting bank cards eliminates the chance of accepting a poor check.
One bounced check may take a huge chunk out of your profit for your day, not forgetting valuable time wasted searching for the client to make good on the sale. Credit-based card transactions are screened because they are processed to lessen the risk of fraud. You can even rely on a reputable merchant services provider like TSYS® to provide secure charge card processingthat helps protect you as well as your customers from data breach and identity theft.
Credit cards are convenient for customers. Consumers want to find the approach to payment that’s easiest and good for them. Bank cards are not only simple to operate in a number of capacities, but many cards offer points, mileage, or rewards that further encourage the cardholder to make use of their bank cards whenever making a purchase.
Accepting bank cards is a cheap business expense.
Bank card processing is a highly-competitive industry. Visa or mastercard processing ratesare affordable, allowing businesses of most sizes to accept bank cards. Many merchants find that the increase in sales made by accepting bank cards often offset the expenses involved, making a merchant account a fantastic profits on return.
Getting setup to accept bank cards is fast and simple.
At TSYS, we can process your merchant account application immediately and have you prepared to process visa or mastercard sales within 24 to 48 hours.