Payment processing

3 Reasons Online Credit Card Processing Is Ideal For Your Business

online credit card processingHaving a business means taking into account the needs of your customer base in all aspects. Not only providing them great service and support, but also different opportunities for them to be able to purchase your goods and services. Having a brick and mortar location, or multiple locations provides convenience to those within those specific areas, however, what about the customers, or potential customers that are reside outside those areas. Online credit card processing can expand your business in ways that you may not have ever considered. 

Download the "Intro to ecommerce" guide to start your online shop the right way.

Going through the options of accepting credit cards online can be difficult when thinking of the added benefits that this will bring to your business. In today's economy, and the needs of society to gather information, make purchases and upload data or images instantly, your business needs to change with the times. Online credit card processing is a fantastic way to take advantage of your current customer base that may already want to purchase their goods or services from you, but would prefer doing so online rather than at a physical location.

I have outlined 3 reasons why online credit card processing is ideal for your business and why making the transition into having an online presence will not only drive revenue for your business, but increase your brand awareness, and your target market.

 

Target Market


Having a brick and mortar location is fantastic, especially if you are able to have multiple locations. The ability to promote your products or services through print, radio, and even just customer reference is also a great way to drive revenue, but without an online presence and online credit card processing, you are limiting your business reach. Online credit card processing will give your business the ability to expand into different domestic markets, as well as overseas markets that you were never able to reach before.

Online credit card processing makes your business accessible to any consumer looking for what you are offering, and gives them the opportunity to make a purchase based on quality, reference, information that you provide and ultimately convenience. When it comes to looking for a product to buy, whether it is a product that is unique or simply a website that provides multiple products and services at a cost effective price, consumers are always looking for a great deal. Provide them the convenience and accessibility to purchase your goods and services through online credit card processing.

 

Social Media


With an online presence, comes the ability to market your brand through different avenues of social media. The most prevalent being LinkedIn, Twitter, Facebook and YouTube. Use these mediums to market for customer base with information regarding your products, relevant industry news and promotions or updates regarding store hours, website changes etc.

Online credit card processing will allow you to take advantage of the traffic that you are generating to your website by giving those visitors the opportunity to purchase a product or service from you and increasing your revenue by providing different ways to purchase those products and services. 

 

24/7 365


Having an online store, and a web presence will provide you with the biggest benefit to your business when it comes to accessibility. Not only are you providing a secondary way for your customers to purchase your goods and services, but also a 24 hour, 7 days a week, 365 days a year store that never closes.

Essentially, you are opening a store that can service the entire world, that doesn't require any staff, and never takes holidays off, sick days, or personal days. Online credit card processing gives you endless possibilities when it comes giving your customer base and new prospective customers what they want.

Having an online store and online credit card payment processing will not only increase your revenue and drive new revenue, but increase your brand awareness, provide simple and efficiency opportunities for your customers to purchase your goods and services and the ability to target different markets you were unable to before.

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Emily Moore

With seven years of experience in the industry, Emily is the Merchant Boarding and Underwriting Specialist for BNA Smart Payment Systems. She also has experience in credit risk management, fraud and chargeback analysis, and in-depth knowledge of chargeback mitigation. At BNA, she is responsible for reviewing, investigating, and resolving irregular transactions; identifying and analyzing trends; exchanging knowledge of trends with peers and supervisors; and keeping records of past fraudulent activities. With a solid understanding of current fraud trends and software applications, Emily has a methodical approach to problem solving, great attention to detail, and the ability to recognize patterns. As a fitness enthusiast, Emily enjoys CrossFit and playing sports to keep active. She also loves the outdoors and spending time up north.

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