I know some companies balk at the thought of taking credit cards for a variety of reasons, and we were one of them for a long time. But it got to the point where we had to start doing so. Some of our clients were paying late and falling farther and farther behind, or not ordering to begin with because we didn't take cards. We kept getting asked if we took credit cards, and we had to say no. Some new business went elsewhere. When it started to look like we were really losing sales by not taking cards, we had to rethink our policy.
Once we decided to start taking cards, we had to look into finding a credit card payment processing system. I was not involved with that process, but it seems like others at the company did a good job at researching various companies we could use.
Now that we have a credit card payment processing system in place, we take credit card payments all of the time, and it has helped our profitability. I noticed our statement from last month, and we had quite a few credit card sales. We would have lost out on all that money if we had not started taking cards.
I am not the one who does the credit card payment processing at work, but it seems to work quite well. At this point, we are glad we started taking cards, and because of the new system, we actually feel like we are a little bit more up to speed. With more money in the bank, we certainly feel more successful as well.
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