Canadians prefer using credit and debit cards to pay for their purchases. This has been the case for some time, leading to numerous reports that our country is home to shoppers that enjoy paying with plastic more than anyone else in the world. Why are credit and debit cards so popular in Canada? Many people insist that it’s all about that all-important word: convenience.
“It’s just more convenient to use a credit card,” insisted one of our clients recently, “As a customer, I like the feeling of not having to worry about having cash on me. When I carry my credit card, I know that I have the ability to purchase whatever it is I need without thinking about whether or not I have enough money on me. It also makes me feel safer knowing I won’t be losing any cash.”
Feeling safe is yet another important reason to use credit cards. Customers often comment that they get nervous carrying large sums of cash on their persons. And why wouldn’t they? No one wants to be robbed of their hard-earned money. So why not avoid the problem altogether by simply carrying plastic around with you? If they get lost, they can be replaced.
As a business owner, it only makes sense to accept credit and debit cards at your place of business. Canadian shoppers – as we’ve mentioned – prefer to pay with plastic anyways. Why would you not want to give them that option? Consider that when your customers don’t have to worry about exact change, they will likely be able to purchase more from you anyways.
“I started making more money when I started accepting plastic,” admitted another one of our clients recently, “I find that it just makes things easier on my customers. There were times when I’d have to turn people away because they didn’t have enough cash. That seems like such an old-school way of doing things. I’d be surprised if there were still businesses not accepting plastic.”
Many business owners, who have yet to accept Visa, MasterCard and Interac cards from their customers admit that they are hesitant because of a fear of paying high rates. They assume that having to pay a payment processor a percentage of their sales will only result in making less of a profit. The opposite, however, has been proven time and time again. Rates should not be a reason to avoid getting a POS terminal.
At Canadian POS Corporation, we offer our clients the most affordable rates in our industry. Our clients enjoy the peace of mind in knowing that when they accept credit and debit cards with our machines, they won’t be paying rates that will hurt their bottom lines. Furthermore, we offer incomparable customer service as we believe strongly in making our clients our priorities.
Contact Canadian POS Corporation at 1-877-748-2884 and get set up with a new POS terminal in an early as three days! It’s important to offer your customers the options that they want. If Canadian shoppers have proven anything, it’s that they prefer to pay with their purchases with Visa, MasterCard and Interac cards. It’s time to exit the old-school way of thinking and enter a new world for your company!