As a new business owner, you probably started out accepting cash and checks but not credit cards. Or if you have a business online, you might have accepted PayPal but no other payment options.
As your business grows, you will have more people asking for more varied payment options, and as your budget allows, you should expand to offer as many different payment options as you can.
Paying with credit cards and debit cards is becoming very popular. You might be hesitant to accept credit cards because of all the fess associated with them, but the truth is you might make up the cost of the fees in increased sales.
People are likely to spend more when they are using plastic and to make more impulse buys than they would if they were paying with cash or a check.
In addition to accepting credit cards, you should also get a payment processing device that allows you to accept debit cards, meaning it has a keypad on which customers type their PIN numbers. Many people like using a debit card because it’s faster than writing a check but still makes them control their expenses since the money is coming right out of their bank account.
Accepting...
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