Four Reasons To Use Telephone Credit card Processing
There’s so much talk these days about how to accept credit card payments online, that old-school telephone credit card processing does not garner the mention it should.
What’s so great about telephone credit card processing?
As an owner of a service-based business, I earn far more revenue via telephone credit card processing than through online credit card sales. The fact is my customers contact me to determine if I can help, and then pay either over the telephone or in-person.
I’m not saying online credit card processing is bad; I’m just saying that businesses, especially service-based businesses can generate decent revenues with the ability to process credit card payments over the telephone.
4 reasons to use telephone credit card processing
1. Get paid as soon as possible
I like getting paid up front whenever possible. Every business should strive to get paid as soon as possible. With telephone credit card processing, your business has the opportunity to make a sale from every telephone contact.
2. Great for booking appointments and reducing no-shows
If you provide services via booking appointments, you’ll dramatically reduce no-shows if you collect payment up front. This also makes you and your business setting aside time worthwhile because you’ve been paid for doing so.
3. Customer convenience
Your customers will appreciate the convenience. You collect payment while they’re on the phone and then they don’t have to worry about paying when they arrive at your business. I know I don’t like waiting around or in a line to pay.
4. It’s great if you ship products
If you ship products, being able to process credit card payments over the telephone increases sales. Many customers like speaking with a customer service representative before buying something. This is a great sales tool and can increase sales.
Next, discover how to set up telephone credit card processing and how using a PayPal merchant account does the job swimmingly.
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