We talk a lot about options, here at Canadian POS Corporation. And that’s because we know that is exactly what the Canadian buying public wants. It’s widely known that Canadians enjoy shopping and paying with their purchases with their Visa, MasterCard and Interac cards. These paying options allow for much easier shopping experiences – even if they were unable to shop during Canada Day yesterday!
We certainly hope that you all enjoyed your Canada Day long weekend. And now that your stores are back open for business, we know that you are eager to welcome back your customers. The thing is, many customers get turned off of shopping at certain stores because of the lack of options. It could be the lack of product options that makes customers go away and never come back.
It could be the limited service options that send shoppers away for good. But if your products and services are worth paying for, the last thing you want is for your customers to decide against spending because you haven’t given them the option to pay with their credit or debit cards. This is true in both Canada and the United States, as evidenced by an article written by JamieD on SBA.gov.
In the article, there are number of arguments presented in the case of whether or not business owners should be accepting plastic at their companies. Naturally, we believe that the pros clearly outweigh the cons. Our experience has shown us that your customers would agree. After all, the option to pay with plastic means that your customers will have far less hassles when it comes to spending money in your store.
Plastic Provides Convenience. Credit and debit cards are easy to use. They, therefore, encourage “impulse purchases” that will contribute to increasing the amount of your store’s average sale. When a customer is without options and can only pay with cash, the amount of spending that can be done is clearly limited. Accepting plastic means increasing your revenue.
Plastic Provides Security. Debit cards are especially popular in Canada. Many customers report the fact that these cards encourage them to not spend above their means. In other words, they are not paying over time but instead are having funds directly debited from their bank accounts. Using the card makes for easy bookkeeping, helping consumers to stay out of debt.
Plastic Provides Choices. To reiterate the theme of today’s blog, the acceptance of plastic in your store increases the payment options you give to your customers. Some people simply prefer debit cards over credit cards. Some people prefer credit cards over debit cards. Be sure to give your store the opportunity to invite people on both sides of the fence to come in and spend their money.
At Canadian POS Corporation, we provide only top-notch POS terminals in addition to incomparable customer service. Whether you are looking to accept credit and debit cards for the first time or you would like to upgrade from your current provider, we are here to help. We can even have you set up within three days. Be sure to give us a call at 1-877-748-2884 today!