Top 10 Reasons to accept Credit Cards
By Jim Gallagher
1) Impulse Spending! Customers spend more impulsively when they can use their credit cards. Example – Friends buying rounds – Adding more orders from the menu - Parties will move the small party package to the larger package.
2) New Customers: You obtain new customers who prefer to use their credit card for payment. You won’t miss that possible sell because your customer doesn’t have enough cash on them or enough available on their ATM card account
Corporate customer like using their credit cards for business expense records.
3) Boost Your Average Sales Amount: YOU sell more to your present customers. Clients who pay with a credit card typically spend more!
4) Credibility: When you process credit cards you definitely become more legitimate and credible in the eyes of your potential clients or customers.
5) Less hassle: You save your valuable time and can cut down on your overhead, by not having to send out bills or manage accounts receivable!
6) No worries: You stop worrying about bad checks and non-payments. As an added bonus, if you do telephone credit card processing you can accept payments when you are away from home, at trade shows, or any time you don't have a brick and mortar location. No worries about losing the cash or checks you collected from clients. Great for deposits on up coming parties!
7) Better Customer Service: You improve your customer service by allowing clients and customers the speed, flexibility, and convenience of using their credit cards. They may not have the cash at that time and can pay it later on their bill!
8) More flexibility: You give clients flexible or automatic monthly payment options.
9) Leveled competition: You effectively compete with other businesses in your industry because you are processing credit cards by phone. How many bars & restaurants in Kenosha take credit cards? Most of them!
10) Last but not least, convenience: You can accept a credit card payment from anyone, at any time of the day or night!
About the Author
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| Jim Gallagher
Lake Villa, IL 60046
847-833-7691
If you would like to re-print this article, please contact the author.
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