Most shops and restaurants these days accept credit cards and debit cards, but some still only take cash or cheques. However, using this method can severely limit a business’s ability to make money, and it doesn’t give customers the options they need to spend more in stores (or outside of them).
Fortunately, credit card payment processing companies allow for businesses of all types to accept credit and debit cards however they want, wherever and whenever they want. While the methods for accepting card payments can vary from business to business, there are at least three constants in the world of commerce. Here are three of the top ways that businesses can take advantage of credit card payment processing no matter where they are:
Credit Card Payment Processing In-Store
Taking credit card payments is simple when businesses have the right kinds of hardware. Payment terminals today vary widely, from stationary registers made for all purchase types to wireless mobile terminals that can help customers check out anywhere in store or pay for a meal at their table. Working with a payment processing company can help business owners determine just what kind of payment solution they could use.
Online Payment Processing on the Internet
Internet shopping, also called eCommerce, is one of the fastest growing industries in the world. Current predictions estimate that worldwide eCommerce will grow 13% between 2013 and 2014 and reach over $1.4 trillion in 2015. Businesses that offer online payments need to have the safest and most effective payment processing company to work with in order to keep customers satisfied.
Mobile Payment Processing On-the-Go
Finally, mobile payment processing is a growing sector of the credit card payment solutions field. This technology enables mobile devices like tablets and smartphones to accept credit and debit cards all with an application and a clip-on device for card swiping or tapping. This solution is perfect for businesses that travel or ones that need additional checkout points in-store.
How does your business accept credit card payments? Tell us in the comments.