Online sites like Etsy offer entrepreneurs the ability to create virtual storefronts with ease, but their services often come with a higher price tag than many expect.
As a business owner, you need to be proactive to implement new technology that makes it easy for your customers to buy your products or services. In a world where many things are available with the click of a button, customers don’t often have the patience to sort through a confusing payment process in order to make a purchase 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.
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.
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.
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.
If you’re in business, you need a way to accept payments from your customers, right? From accepting credit cards to accepting checks, business merchant services allow you to process the transactions that are vital to your business.
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.
In order to keep your business growing, you need business merchant services that provide easy solutions to all of your e-commerce needs. It is a fact that most people carry little or no cash because it is more convenient to use credit cards. Another fact is that more and more people are shopping online where cash is really not an option.