Credit Card Processing: Swipe Your Way to a Better Business

Whether you’re in the restaurant, retail, grocery, or service industry, getting the right merchant services is essential. Fast and secure payment plans that can adapt to your changing needs will help grow your business. And in this economy, who doesn’t want that?

Convenience in Restaurants

Speed is everything when you’re running a restaurant. That’s why it is so crucial to have the right merchant services for your business. Instant credit card approvals and no signature required transactions will improve the efficiency of any restaurant, allowing customers to pay their bills faster and be on their way. Speedy service will keep clients satisfied and coming back for more, increasing the amount of repeat customers while also freeing up tables faster to generate more income. Wireless terminals, like the Nurit 8020, can simplify curbside pick-up payments so that workers aren’t tied down to an inside processing machine. Many payment issues arise in the restaurant business that require quick and accurate merchant services, like separating a single check into multiple bills or adding tips after the transaction has gone through. That’s why it is always a good idea to know the specifics of your credit card processing services when upgrading or shopping around.

Revitalizing Retail

Efficiency is also crucial in the retail business. Shoppers hate long lines at the register, and many times will simply leave if the wait is too long. Fast and correct credit and debit card processing is an essential component of any retail store. Check out the VeriFone Omni 3750 Credit Card Terminal with its smart card reader, internal PIN pad, magnetic stripe reader, and fast thermal printer. Not only will the right credit card terminal impress customers with its quick and easy to use design, but it will also make life easier for your cashier. Are you considering taking your retail business online? Then investigate ecommerce solutions that you can monitor through your website. You can receive online payments due to next-day automatic depositing while preventing fraud and identity theft with built-in security tools. Speaking of security, you can minimize the risk of leaking sensitive customer information by storing it on a PCI-compliant data center, instead of on your personal computer. From fast in-store processing to enabling online transactions, your merchant services need to evolve along with the growth of your retail business.

Grow Your Grocery Business

Avoid the dreaded check-out lines that can quickly get out of control with fast, easy to use credit card processing. Look for merchant services that offer self-serve check-out lanes, allow for any transaction to be safely voided, and accept all major credit cards. Some customers still like to write out checks, so be prepared with merchant services that can convert checks into electronic documents for reduced deposit time, guaranteed payment, and accurate record keeping. Another option for grocery store owners is to install an ATM for customer and store use. The ATM sign will draw in customers like moths to a flame, and in many cases they will use the cash they withdraw right in your store. A well-lit, friendly atmosphere will help clients feel safe in using your store ATM, and you’ll rake in a percentage on every transaction conducted. With an on-site ATM, you can reduce the number of trips to the bank and cut down on the amount of cash in registers. Credit and debit card processing, securing payment for checks, and enjoying the extra business drawn in by an ATM are just some of the benefits experienced by grocery store owners who use merchant services.

Stimulating the Service Industry

As your business continues to grow, you need payment processing services that can keep up with you. From visiting client’s homes to attending conventions or trade shows and working from home, many service business owners need a payment system that’s portable. Wireless point-of-sale credit card terminals make it possible for you to accept payments anywhere, and store & forward capabilities allow you to swipe and store a card’s information even in an area that doesn’t have wireless service. Some customers still need the option of paying by phone or mail, which is why it’s important to have a credit card terminal that allows for manual entry. Are you searching for a way to increase profits? Then check out a gift card program! Not only will gift cards increase your cash flow, but they oftentimes draw in new customers who receive them from friends and family. Many shoppers who come in with a gift card end up spending more than the balance on the card, and many customers don’t spend it at all–that’s free money! For payment processing that’s as flexible as your schedule, see what your merchant service provider can offer you to expand your service business.

Terry Gonzalez is a freelance writer who writes about a range of topics including merchant services and companies that offer them such as North American Bancard.