With so many small businesses struggling to remain viable in our economy, they often need to employ innovative strategies to reach both existing and new customers.
Tag: accept checks online
Grow Your Business with Mobile Payment Processing
Gone are the days when building a customer base and making transactions with them meant having to interact face to face and accepting only cash. Imagine being able to connect with customers across the globe, providing services on location, and avoiding paper billing. Mobile payment processing is a step not just toward bringing your business into modern times, but also growing that business, expanding your customer base, and reaching new levels of success.
What Are ACH Payments?
As a small business owner, it can be overwhelming to understand all of the things that you need to know about financial transactions. It is important to have a merchant account and a company who can make sure that you are receiving the electronic payments when your customers make a purchase. But, how do you know which company you should trust with this sensitive information?
The Benefits of Accepting Checks & Processing Checks Online
While the use of credit cards has exploded over the last years and many people carry plastic, many people still also use checks. If your business does not accept checks, both online and off, you could be losing money to your competitors who do. When shopping online, people will abandon their shopping cart if they reach the checkout and cannot use their preferred payment method. When shopping offline, people expect to be able to write a check so they can use the money in their bank account. If you cannot accommodate them, they may walk away.
Is There a Way Accept Checks Online?
Every business needs to be able to accept checks as a form of payment, even if the business sells products or services partially or wholly online. This is still a very popular payment method and you do not want to lose sales because you can’t accept your customer’s preferred method of payment.
Should You Still Accept Checks?
Absolutely. While credit card use has increased, many people still use checks and you could be missing out on sales opportunities if you don’t accept checks. One of the things that consumers do when shopping online is check to see if a merchant accepts the form of payment they wish to use. If they don’t, it’s very common for them to simply move on to find another merchant who does. They’ll even leave a full shopping cart online if they get to the checkout and learn that you don’t accept the form of payment that they intend to use. That means you’re putting money into your competitors pocket. Never leave any stone unturned when it comes to increasing your bottom line.
Accept Checks and Credit Cards with a Merchant Account
A merchant account will enable you to accept checks and credit cards, ensuring you have a safe, effective way to process payments. Most businesses know they need to accept credit cards these days but many customers still use checks so it’s still important to be able to accept checks online (as well as offline). Not offering your customer’s preferred payment method could mean a lost sale.
Are You Making This Mistake? Does Your Business Accept Checks?
Don’t make the mistake of thinking that checks are completely outdated and you don’t need to worry about providing that as a payment options these days. Not having the ability to accept checks could cost you money and the goal of any business is to make money, not lose it.
Make Paper Checks a Thing of the Past
In today’s world, many things are done electronically such as buying and selling items and video chatting with your friends and family thousands of miles away. Whether you have been in business for 15 years or 5 months, you probably have, or need to, integrated some form of current technology into your business to stay current and ensure you don’t lose business due to lack of payment options.
