Are you now using online credit card processing services to take your online business to the next level?
Being an online retailer, it is assumed that one of the very first actions you did was to find a reliable online card processing service provider.
It is common for small online businesses to be equipped with shopping and store cart systems. The few choices for these systems are Shopify, Volusion, or Matneto.
So, setting up the online payment processing is already an easy step with the assistance of the processing service provider. However, it is imperative that you choose a reliable one.
Today, consumers that make their purchases online want the simplest method for payment and the easiest way is through credit cards.
Take note that your online business will lose about seventy percent on sales if you do not integrate an online credit card processing system into your operations.
The Benefits of Online Credit Card Processing
We now know that online businesses without online credit card processing and shopping cart systems are futile because almost all of Internet consumers are credit card owners.
Some of the most obvious benefits of these systems include:
- Quick TransactionsYour customers can simply fill out a registration form and make their purchases by clicking the BUY button on your site.
- Safety and StabilityYour credit card processing gateways are round-the-clock stable, which means that they are always functioning. It is very rarely that server breakdowns occur.Encryption and other security systems make it difficult for hackers to modify credit card information on your online business website. Therefore, it is safe for you and your online shoppers to utilize your credit card gateway.
- Accessible GloballyYour customers are able to access your website and your credit card processing service from anywhere in the world. This makes your product or services available worldwide and not just to a particular locality or country.On your part, you are also able to overview, review, and manage your credit card processing from any country in the world.
- Fully AutomatedYour online merchant account can handle all your transactions and automatically process credit card information.Several merchant account automation systems even have powerful anti-fraud databases and filters, which can extensively reduce the numbers of returns and charge backs.
- Support for Multiple CurrencyYour online merchant account can process credit cards in different currencies depending where the processing bank is located.Your bank will convert to your preferred currency automatically that makes your online business more advantageous.
- 24-hour Merchant SupportOnline merchant service providers usually offer a free client support services that will help you settle all queries without asking directly the processing bank. Some will even help in setting up additional security systems and shopping carts.
Will Online Credit Card Processing Benefit You?
After we have discussed, the benefits of online credit card processing, you will understand that credit card processing is cheaper and safer than checks, bank transfers, and money orders as payment methods.
Even if you have the most advantageous products or provide the best services, but if you do not have credit card processing and an online merchant account; you will not prosper.
Research and studies have proven that most online businesses that start to accept credit card payments have increased their sales between forty and sixty percent.
Therefore, to experience this increase in sales, online credit card processing and a reliable online merchant account are your best options.
If you have any more questions or need more information, please go to our Questions & Answers page and we will make the best effort to provide the answers to you.