subject: How To Accept Credit Card Payments [print this page] Carrying around wads of cash and writing out checks has become a thing of the past, as consumers are relying more and more on their credit and debit cards to make payments. Whether purchasing a new computer or grabbing a quick bite to eat, credit and debit cards make paying more efficient and convenient for businesses and consumers alike.
Advanced credit card security technology, from Address Verification Systems to end-to-end encryption, reduces the risk of credit card fraud, so that any merchant can accept credit card payments safely and effectively. Read on to learn the benefits of accepting credit cards for business and how to get started.
Why Accept Credit Card Payments?:
Any business can accept credit and debit card payments, whether you run a restaurant or sell products from your home office. Consumers have come to expect the flexibility and options that come along with credit card processing, allowing them to choose the best type of payment that fits their needs. Credit cards give customers the ability to make large purchases up front, and then make the whole payment over time or at a later date. Debit cards take money directly from a certain account, giving customers convenient access to their funds without having to carry cash.
By accepting credit cards, you can expand your customer base and make it easier for your customers to make purchases, thus improving sales and cash flow. Credit and debit card payments also keep retail lines moving smoothly, increasing productivity and customer satisfaction.
Accept Credit Card Payments Online:
Accepting credit cards allows you to expand your business online. As the Internet becomes an increasingly powerful tool for shopping and paying bills, the ability to accept online payments becomes extremely beneficial. Electronic invoicing cuts costs associated with traditional paper mailing, including envelopes, paper, postage and labor.
Customers can manage their account online, set up payment reminders and reduce late payments. E-commerce stores provide customers with a wider inventory and easy, convenient and relaxed shopping. With PCI compliant online payment gateways and secure hosted payment forms, you can save money, increase profits and improve your business.
Getting Started:
The first step to accepting credit card payments is setting up a merchant account with a leading credit card processing provider. From there, you can customize your account to meet your business needs; whether you are looking for business-to-business payment capabilities or small business credit card processing. When you accept credit and debit cards, you can open the door to an incredible amount of business opportunity.
