Accept Credit Card Payments: Why Customers Prefer Credit Cards Vs Other Payment Methods - 0 views
started by Erwin Lynch on 08 May 12
started by Erwin Lynch on 08 May 12
Start a New Topic » « Back to the trhkprcuhiiudnssfwgy group
2. Rapidly and convenient - charge card transaction is processed within seconds once your customer enters card particulars on your checkout page. An order gets approved or declined instantly. Unlike with echecks or traditional bank wire payments, the order can be shipped immediately after that payment, because the funds are deposited instantly for a vendors merchant account.
3. Fraud protection - credit card companies offer customers a far better protection against fraud and it enables you to charge back if the item is not what people expected. So customers are usually more protected when they buy online plus they feel safe when ordering a product.
4. Even more security layers - Visa and MasterCard are suffering from special Verified by Visa together with MasterCard SecureCode programs that add an additional security layer for all card purchases. As soon as this feature is integrated, the customer is asked to supply a certain password during some sort of purchase. This ensures the safety of order - that card is used only by the sanctioned person. Customers feel safe right after they order your product. It can be proved that having this feature taking care of your website will bring you more sales. At the same time you - as a vendor - are protected from a lot of possible chargebacks with 'I didn't do it' reason.
5. Get rewarded - customers are likely to get reward points from them credit card banks for which has a card often, that can bring them benefits ultimately. So they prefer to use cards even more.
6. Pay out in credit - customers can pay you using their credit card limit - even though they don't have enough funds at the moment by borrowing money with a bank. That increases your sales much more.
7. Get more international customers - if you ever sell online internationally then your foreign customers will be more likely to pay employing their credit cards than some other payment method. So it is a must for want you to accept card payments the best way not to lose prospective customers.
Direct credit card payments account for available 50% to 85% associated with total online orders. This percentage depends on your industry and market. If your primary product is more oriented towards most people that don't spend enough time online, then you're going to get much more credit card orders as compared to Paypal or any some other payments. Additionally, US based buyers usually tend to use more e-wallet type of payments compared to international customers - from the Western Europe, or anything else.
If you're serious about online company, you should be offering as many convenient payment methods as they can. This way your customers will have a better choice to complete their payment and they will select the most ideal payment method. Offering charge card payments along with Paypal will definitely increase your sales compared to only credit card payment option, so make certain your online shop always offer the most used payment methods. Then your customers won't have any problem placing an order on the website.
Ways to accept multiple payment methods on your website?
1. Simply register on Click2Sell and login back. Go to For Vendors page together with
two. choose the COMPLETE payment processing approach.
merchant services