Few Americans carry cash – 40% of Americans to be specific and they only carry a five-dollar bill and some coins. That is why accepting credit cards is so crucial to your business. Even if you are selling low-priced items you will be chasing away as much as 90% of your potential customers if your product or service costs more than they are carrying with them at the moment and you don’t accept credit and debit cards.
Carrying a credit card is a form of security since most banks are willing to reimburse their clients should they end up in a dispute with your business over the quality of your products or services. Cash on the other hand is prone to theft or loss without any one to back it up.
You’ve got great insights about accept credit cards in your business, keep up the good work!
I’m so glad I found my solutoin online.