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Why do I need merchant services?
When a business establishes merchant services, it can display the forms of plastic it takes in prominent places. This step boosts goodwill in the digital-era’s on-the-go client because credit and debit cards are a hassle-free way to pay (see answer above.) More, research has shown over and over again that customers who use debit and credit cards spend anywhere from 15 to 50 percent more than if they had only cash to spend.[ii] Finally the ability to accept credit and debit cards acts as a form of credibility, indicating that your business has been operating successfully for a significant amount of time.
Businesses that bill on a monthly basis find that accepting credit cards makes collecting payments a breeze. They simply set up a regular debit on the credit card and those monies come to your account like clockwork.
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