There is no doubt that people like to have choices. Choices in clothes they wear, the food they order, the fancy (or not-so-fancy) coffee they drink and they like to have options in how to pay for it. I, for one, do not carry cash with me very often and I truly think I could not survive without my debit card (I do not know how I functioned before they came along!). I cannot run across the street to my neighborhood store for a gallon of milk because the merchant only accepts card purchases over $10. I know several people who use their credit cards exclusively so they can rack up points with the credit card company. I understand that many businesses do not offer credit/debit card processing because they are leery of the fees incurred and contract commitment but I wonder just how many customers have been lost to businesses that only accept cash?
If these items don’t convince you that credit/debit card processing is important to a bottom line then check out this little tidbit: Credit card users spend 12%-15% more than those who pay with cash. Now, wouldn’t it be nice if that little boost ended up reflected in your sales?
If you’ve been kicking around the idea of offering card processing to your customers, now is the time to check it out. First Payment Services can set up a card processing program that is right for your business. Nervous about entering into a long contract? Don’t be, because FPS offers month-to-month contracts if that is what you desire. If you already have a card processing company, First Payment Services offers a $1,000 guarantee that they will save you money over your current card processor. Nice deal!
So, why not explore the possibility of offering card processing? You just may get more people fluent in the language of “credit card” walking through your door if you do.