If you’ve been in business for any length of time, chances are you’ve considered accepting credit cards. After all, cash is no longer the only form of payment people use. In fact, a recent study found that 78% of consumers say they would be more likely to shop at a store that accepts credit cards. So, what’s holding you back?
If you’re on the fence about investing in a Bepoz point of sale system for your business, here are seven reasons why you should take the plunge!
- You’ll Get Paid Faster
If you’re used to waiting around for customers to pay their invoices with cash or check, you know how frustrating it can be. With credit cards, however, you’ll get paid almost immediately. This means no more waiting around for weeks or even months to get paid!
- You’ll Increase Sales
When you accept credit cards, you open up your business to a whole new customer base. In fact, studies show that businesses that accept credit cards see an average increase in sales of 30%. That’s because people are more likely to spend when they’re not limited by cash on hand.
- You’ll Reduce Fraudulent Transactions
According to the US Chamber of Commerce, businesses that accept credit cards experience 60% less fraud than those who don’t. That’s because credit card companies have sophisticated fraud detection systems in place that can help prevent fraudulent transactions before they happen.Â
- You Can Offer Additional Services
When you have a card machine, you can offer your customers additional services like refunds and returns. This not only makes your business more customer-friendly, but it also allows you to build trust and credibility with your clients.Â
- You’ll Get Better Terms from Suppliers
If you want to take advantage of early payment discounts from suppliers, you need to be able to pay them quickly. With a card machine, you can do just that! By paying your invoices within 10 days with a credit card, you can often get a 2-3% discount – meaning big savings for your business.Â
- You Can Save on Operating Costs
Card machines these days are very efficient and can save your business money in the long run. For example, if you’re using an old cash register, chances are it’s not as energy efficient as a new card machine would be. By investing in a new card machine, you can help reduce your operating costs and improve your bottom line!Â
- You’ll Have Access to Real-time Data & Reporting
The days of manually inputting data into an Excel spreadsheet are over! When you invest in a card machine, you’ll have access to real-time data and reporting that can help you make better informed decisions about your business.Â
Install a card machine today!
Investing in a card machine is a smart move for any business owner – no matter what size or type of business you have. Not only will it help you get paid faster and increase sales, but it will also reduce fraudulent transactions and offer additional services to your customers. Plus, with real-time data and reporting capabilities, you’ll have all the information you need right at your fingertips to make informed decisions about your business operation!
