We accept credit cards
We accept credit cards is a statement that you must have come across multiple times at various shops, grocery stores and other merchant outlets. This statement is generally accompanied by a few stickers (Visa/Master card etc). Credit cards have transformed the businesses and our lives to a great extent. A few years back there were just a handful of shops that would accept credit cards but today you will find that most of the shops accept credit cards. In fact, some shops (like those belonging to a big retail chain) not only accept credit cards but also supply credit cards. These credit cards entitle you for rebates when you use them at any of the stores of that retail chain.
With credit cards around, a lot of people have stopped carrying any cash with them or just carry a very small amount of cash with them. That means that any shop that doesnt accept credit cards is potentially losing customers. In fact, this is one reason why almost every merchant accepts credit cards.
With the evolution of internet, credit card industry too took a new turn and up came ecommerce and e-shops. So, those stickers of We accept credit cards, moved on...
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