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Why Accept Credit Cards?

Why Accept Credit Cards?

Triple your sales

Several studies, including one conducted by the accounting firm Price, Waterhouse and Cooper, have shown that the average size of credit card orders is up to three times larger than cash and check orders. People buy more when they pay with a credit card.

No more trips to the bank or bounced checks
By making credit cards your preferred method of payment, you reduce or eliminate bounced checks and decrease the time it takes to process orders. Your payment is guaranteed up front and Carrier Swipes simple transaction entry takes just a few moments. No more trips to the bank or bounced checks.

Customers want to pay with credit cards
Customers increasingly want to pay by credit card. Studies show that credit card payments will overtake cash and check payments within the next few years. Customers often get benefits for paying with credit cards such as frequent flier miles or other affinity points. Paying with a credit card also gives customers more flexibility to manage their cash flow.

What about processing fees?
Many business owners are hesitant to take credit cards because of the processing fees. The fact is, by accepting credit cards you make much more money than you pay in fees because order sizes tend to be larger. Just one increased order size as a result of accepting credit cards could easily pay for the costs associated with accepting credit cards. The example below compares how much money can be made with cash & check payments vs. credit card payments.

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