When you accept credit card payments for business, you open a huge door of opportunity and savings, no matter what industry you serve. There is no such thing as a company too small or a service too obscure to accept credit card payments. Nowadays, as consumers rely on their credit and debit cards for everyday purchases and carry less cash in their wallets, the need for accepting credit cards safely and efficiently has increased tremendously.
Our e-commerce merchant account services allow you to take your business online. Considering buyer preferences and the state of commerce today, almost every business can and should have an online presence.
Credit card processing for small business has gone from being a “nice to have” service to something essential. In today’s marketplace, convenience is king. Offering a full range of payment options can make the difference between a sale and a lost opportunity, between building business with an existing customer and having your business leave for a competitor.
When you sign up for merchant account services, you can expand your business by accepting multiple forms of payment, streamline the payment process, and increase cash flow. Consumers enjoy many options and flexibility when it comes to making payments, giving them the control over how they spend their money. Fewer people are carrying large amounts of cash when they shop, and instead are relying on credit cards, debit cards and gift cards.
Merchants who accept credit cards for business should use the utmost care when handling customers’ money and purchases. Not only do you want to keep your customers satisfied, you also want to avoid hefty fines and devastating loss that can occur should there be any dispute over a transaction. Chargebacks involve a card holder disputing a charge made to his or her credit card. Merchants can lose the sale in addition to paying chargeback fines. Read on to learn more about chargebacks, including common reasons for chargebacks and how to prevent them.