Accepting Credit Cards

Whether you run an e-commerce website, small business, fast-food outlet or a luxury goods boutique, the decision to start accepting credit card payments is a smart move. The payments landscape has altered dramatically over the past decade and plastic has come to dominate it. Credit or debit cards are slowly edging out checks and cash…

Unless you’ve just woken up after a decades-long nap, or you’re a time traveler from an earlier century, you know that the answer is a resounding Yes! Small business owners can leverage a huge range of benefits, stay competitive and relevant, extend their reach, boost their brands, and ramp up revenues by offering customer friendly…

For the average consumer, credit cards are just a way of life. From swipes at the grocery store to utilities to debt repayments, credit cards are a routine part of life. For many people, credit cards have almost completely replaced cash as a mode of payment. In fact, when you’re in consumer mode, you probably…

You may already be familiar with the statistics, and already know that you should be accepting credit cards. But you may still be unsure of how to do it. To accept credit cards, you will first have to identify a payment processing company. If you select the right company, then once you open a merchant…

You’ve closed the sale–but that doesn’t mean that you have the cash. Why? Your money could be stuck in late payments, forgotten instalments, and checks ‘in the mail’. This means that when you get those payments that do eventually come through, they can sometimes immediately get swallowed up in expenses. These can include delivery rates,…

Whether you’ve just set up or you want to modernize your small business, accepting credit card payments can play a major role in your business’s sustainability and growth. According to a 2017-18 study conducted by the American Banking Association, there are more than 300 million credit card holders in the US. Additionally, a 2016 Gallup…

As a customer, if you’ve been told at the checkout point that you can pay only by cash or check, you know the feeling. Apart from the annoyance of having wasted time and effort on shopping for stuff you couldn’t pay for, this particular store or service runs the risk of being crossed off your…

In the movies, people typically only pay cash when they’re on the run and they don’t want to leave a trail. In real life, customers are increasingly moving towards credit cards. These days, even teens and tweens have their own cards, so they get into the swiping lifestyle early. Some parents use it a technique…

When a customer is buying something, credit cards feel like the easiest option. Looking at it objectively though, they want three main things from a payment system: Security Speed Seamlessness The faster you can pass you customers through the cashier, the more people you can serve during your open hours, and the better for your…