If you are a small business and are trying to make only cash and check purchases work for you, there’s an almost certain probability that you are losing out on a significant amount of business. To counter this, it only makes sense to use merchant services in Chicago so that you are able to accept credit and debit cards to process payments. There are many benefits to doing so.
When you offer contactless payments, your customers do not even have to swipe their card or hand it to the cashier. They simply wave it over the processor and the payment is confirmed. This definitely helps to speed things along in busy situations such as holiday shopping or special-event sales
If a credit card transaction processed in the traditional way turns out to be fraudulent, the merchant may be left on the hook and not get paid. However, when chip cards are used, neither the customer nor the merchant is left holding the bag if a payment turns out to be fraudulent. This is because the security protocol is so high that fraud is next to impossible.
Many shopping studies have confirmed that people spend more when they can charge it to a card versus relying simply upon the cash that they have on hand. You will see a significant boost in sales after parenting with merchant services in Chicago.
Contact Grant Merchant Services, if you are interested in accepting credit cards and debit cards at your place of business. Visit GrantMerchantServices.com for more information!
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