Posted by Meghan,Do you own a business, but you don’t accept credit cards? You are without a doubt losing a lot of sales. Some customers nowadays are not prepared to pay any other way. Sure, there are people who still carry cash, and some people ( especially women since most still carry a purse ) have their checkbook handy.
That’s just for sales in a retail store. If you want to sell things online, or by mailorder or by telephone, there’s really no satisfactory way to do it without being able to accept a customer’s credit card.
So you need to apply as soon as you can for credit card merchant account services. That’s the best method of accepting cards, and with a merchant bank account, you will pay a lot less than with third party credit card processors.