4 Big Benefits Of Credit Card Acceptance

Business owners all throughout Canada are benefitting from accepting credit and debit cards through the POS terminals provided to them by Canadian POS Corporation. It does us proud to know that we’re contributing to the growth of the national economy by offering such a service. But you don’t have to take our word for it. It’s becoming widely known that plastic acceptance boosts business.

“If you are running a business and are not accepting credit card transactions, you may wish to consider whether you can improve sales and efficiencies by rethinking your decision on credit,” writes Alexis Writing on Chron.com, “Whether you have an offline or online business, accepting credit cards will produce positive results for your business.” The benefits, she agrees, outweigh the costs.

And there are many reasons for this. In her article, Writing points out some very important aspects about accepting Visa, MasterCard and Interac. There are a number of benefits that doing so provides both customers and your business. When it’s all said and done, your business will look better and more importantly, it will do better. Let’s review Writing’s points.

Legitimacy. “Allowing credit card transactions will help establish your status in the industry,” says Writing, “By providing clients with more options, they will be more pleased and satisfied with your business, making you satisfied as well.” Not only will credit and debit card acceptance secure a stronger place for you in your industry, it will legitimize you as one of its leaders.

Easy Sales. Accepting plastic will help your customers to save a lot of time. Although many people all throughout Canada love to shop, most of them do not like wasting their time while doing so. Quick and easy transactions are what it’s all about. No fumbling for change. No worrying about having enough cash. Customers will enjoy shopping with you when paying for their purchases is made easy.

Time Savings. As Writing affirms, credit card payments are quickly authorized. This saves both you and your customers a lot of time. This is especially important if customers are able to make purchases from you online. Of course, this adds an entirely new revenue stream to your brand. But you can’t accept cash over the internet! Boosting sales by making them online requires that you accept plastic.

Higher Sales. “If you do not accept credit cards, you run the risk of losing hundreds of potential customers who are not willing to pay in cash or who do not have other means to make their payments,” writes Writing. Some people, in fact, will only make payments on credit due to the flexibility it gives them to pay it off. Not to mention, the rewards points and purchase protection that comes with most cards provide added bonuses.

Don’t lose out. Accept credit and debit cards today by contacting Canadian POS Corporation at 1-877-748-2884. As you can tell, there are many benefits to accepting plastic. And they far outweigh any costs associated with setting your store up with a POS terminal. You can discuss our very affordable rates with one of our representatives today. By accepting plastic, you’ll soon see the rate of your customer satisfaction increase!