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Benefits Of Using A Reputed Online Merchant Account For Your Business

Posted by marksands , in Merchant account service 07 June 2013 · 874 views

There are many who wonder why an online business should have an esteemed merchant account to be successful. With that being asked, let’s together take a look at the top most reasons why your venture online should have one.

The first benefit

When you have a merchant account online, the sales you get would be triple than what you currently have. There are studies to prove the same, which talk of businesses online that accept only plastic cards as payments. Such ventures have seen huge profits come their way when they set up merchant accounts or collaborate with one.

Professionalism counts

Customers are known to be very finicky when buying products or services online. They check for almost every minute detail and then decide. Customer service and professionalism needless to say are important aspects for any successful business. Sources say, sites with merchant accounts prove to be highly successful than those without one, it’s all about the trust which customers have seeing such facilities.

Sell anything and get paid

You don’t have to wait for check clearances anymore, not when there is a merchant account to help you with it all. Majority of purchases made online these days are done with plastic money. Hence, if your site doesn’t accept credit cards, don’t expect to win all the goodies. You would lose potential clients too, because using other modes of payments could be of inconvenience for them

Bulk orders done easily

Research shows when customers buy in bulk, they prefer using credit cards, rather than cash on delivery or checks. With large orders being the norm, more profits come in to the account. Apart from that, it is also seen that those who use credit cards, buy more and regularly that too.

Beat competition

If you don’t keep your customers happy, there is always someone out there ready to do the needful. If that happens, you may end up losing potential clients, and surely that shouldn’t be what you want. If your site accepts cards, customers would be happy to buy more from you.

Cheap and affordable

Who said setting up merchant accounts is costly? Even the processing rates for credit cards are low these days. Businesses of all sizes thrive on merchant accounts these days. Costs involved are lesser than thought.

Easy and quick set up

Most businesses use merchant accounts for their ventures online. It isn’t tough to set up one, and the process is fairly simple. Give it a day or max two business days, and your merchant account would be up and running.

This is one of the ways to ensure that your venture online rakes in the moolah and keeps customers flowing in, with their needs and wants. Don’t miss out on this opportunity, or else competition is waiting to take over.




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