A lot of contractors emerged from the pandemic as new businesses. With all of the government funding available, so did a lot of restaurants and other small businesses. The problem is, a lot of these newer businesses decided not to take anything but cash or check as payment. Considering that banks and clearing houses frequently charge fees to business owners to process debit and credit card payments, it’s no wonder in the midst of a pandemic followed by intense inflation that cash and check would be the only preferred forms of payment.
However, you are shortchanging your business if you don’t take any other forms of payment. In fact, the fees would be expected to pay to credit card and debit card institutions become negligible if and when you are selling goods or services in very large quantities. If you want your business to grow, you need to take all forms of payment, including remote payments.
Why Remote Payments?
Remote payments make some business owners queasy. Yet, it shouldn’t because so much more can be sold online now than just products. It also makes it a lot easier for customers to pay their bills and know that their payments are secure. You could have two to four times as many customers if you accepted several more forms of payment and accept them online through a remote payment service.
It’s Not That Difficult to Set up Either
New business owners are always concerned that setting up a remote payment system somehow jeopardizes their timely payments. It isn’t.Contact Xcept at