Increase your sales, catch impulse shoppers, out -compete your competitors, and a handful of other solid reasons that you may want to jump on the online merchant account bandwagon.
1. Credit card shoppers spend more - Credit card shoppers spend more money on average per purchase. The average credit card purchase last year was around $80 per purchase.
2. Credit card shoppers spend more often - Credit card shoppers make more frequent purchases than customers who use cash. Businesses can increase profits by taking advantage of growing credit card usage.
3. Credit cards are #1 online - Credit cards are the number one payment choice for online shoppers. A recent Gallup poll showed that 88% of Internet shoppers use credit cards for their online purchases.
4. Credit cards catch impulse shoppers - The speed and convenience of shopping with credit cards catches impulse buys. Customers that may reconsider a purchase when given too much time to think it over are more likely to buy when the transaction is fast and easy.
5. Everyone is doing it - If your competitors accept credit cards, you'd better get on board. Customers will naturally choose the merchant offering the simplest and most convenient purchase options.
6. Customers are cashing in with credit card offers - Competitive rewards and rebate programs now being offered by credit card issuers encourage credit card holders to use their cards even more often and for larger purchases.
7. Credit cards build confidence - Limited liability for fraudulent credit card charges allows customers to buy with confidence using their credit cards.
8. It's fast! - Credit cards can be processed in real-time. You can ensure a customer's ability to pay, verify the card, and complete a transaction almost immediately.
9. The world is full of customers - Accepting credit cards makes you accessible to customers all over the. Credit card issuers handle currency exchanges for global purchases, so whether your customers are in Bangkok or Budapest, you can make the sale.
10. Credit cards work for all kinds of businesses - Whether you're in retail, travel, food services, business to business services, phone/mail/fax sales, e-commerce, or another line of business, you can offer your customers the convenience of paying by credit card.
