What are the Benefits of Card Acceptance?
A. Multiple! • Increased Sales. Consumers spend more when they’re not constrained by cash on hand. Merchants will see increased purchases of higher-margin products as well as specialty items. Customers will visit merchants more often when they can pay with cards and electronic check processing. • Customer Satisfaction. Consumers will appreciate the fact that merchants allow them the flexibility to pay the way they want to pay, including by credit or debit card. Happier customers are more loyal customers. • Speed of Checkout. Merchants can speed their customers through checkout with rapid electronic payment. No more counting change or waiting while customers write checks. • Improved Efficiency. Card transactions today are conducted electronically. These paperless payments save time and money by minimizing cash handling and payment reconciliation, giving the merchant more time to do more important things, like managing and growing their business. • Safety. With lower volumes of cash, mer