Already Accepting Credit Cards?
Many Mastercard and Visa programs allow businesses to take advantage of special rate categories. Most Merchant Account Processors either are not aware of these programs or do not inform their merchants of the programming features that can save you money. We have found that many credit card terminals have outdated or incorrect programming. This is costing businesses hundreds to thousands of dollars per year. Speak to a representative today to find out if your Merchant account program is up to date. View our Credit Card Processing Rates.
New to Accepting Credit Cards?
By accepting credit card payments, you will open up your business to an immense number of people who do not have cash. These people, however, are willing to buy with plastic.
If you do not accept credit card payments, there are thousands of people that will have to take their business to one of your competitors where their cards will be accepted. Some people will only use credit cards because of the consumer protection that they offer, while others use credit cards for the rewards programs that they offer. If you seek to do business with other businesses, it is a necessity to accept corporate purchasing cards and small business purchasing cards.
There are numerous studies that have found that consumer spending increases by 15%-20% when a business begins accepting credit cards. This can result in a huge increase in your profits. This is the exact reason that many of the biggest fast food chains have begun accepting credit cards. Once these businesses saw the increase in profit, they began promoting the use of Credit Cards. For some business types, accepting credit cards allows you to be paid faster. You can accept payment immediately instead of sending out an invoice and waiting for 30 days or more. Transactions are deposited into your bank account within 24 to 48 hours. View our Credit Card Processing Rates.
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