Merchant Accounts Give Your Business Credibility
By Sarah McHattie on Oct 5, 2008 in Merchant Accounts Advisor Blog
One of the things that you’re going to find when you make the choice to look into merchant accounts, merchant account providers and credit card processing is what doing so is going to mean for your customers. In other words, while you are looking for the right merchant account services for your business, you’ll find that it’s important to think about the way your customers will react.
Rather than simply offering credit card processing through a third party source, merchant accounts for credit card processing will help your business to establish credibility:
(source)Every online store needs to be able to securely process credit cards online. The inability to do so instantly damages a company’s credibility and causes many customers to shop elsewhere. Offering customers the option to pay via a third-party payment processing systems such as PayPal can increase sales; it should not serve as your primary method for processing payments. Processing payments through your own credit card merchant account not only saves you money (5 percent or more per transaction), it also enhances your credibility since your company name appears on the customers’ credit card statement.
Rather than leaving it to chance that your customers won’t question the transaction, shouldn’t you be sure that you are focusing on credit card processing that immediately makes it clear that they have shopped through your store? Rather than questioning whether or not your customers will feel comfortable going to a third party site to make a payment, wouldn’t you rather be sure they completed the sale?
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