Offering customers a credit card option has been shown to increase sales for online marketers.
Web merchants have been known to enjoy increases of 10% to 30% in sales volume after being set up with a Visa and/or Mastercard merchant account.
And it’s not too uncommon for some to report increases of up to an astounding 100%, or more!
Even if all your sales are made exclusively online, you can expect to boost your total sales by at least 10%. However, most merchants typically yield a 15% to 30% increase by simply offering a credit card payment option.
On the other hand, if your business is strictly offline, and you’re planning to use the web as a marketing tool, offering a credit card buying option might even double or triple your sales.
Paying with credit cards is seductive. The idea of buying something today, but not paying for it until later is very enticing to most people.
It’s also been shown that most consumers are willing to spend more using their credit cards, as opposed to when they’re writing a check, or paying cash.
Why Your Business Needs To Accept Credit Cards
There are several ways your business will benefit from securing a credit card merchant status. These are some of them:
- Credit card holders are believed to be more affluent than people that do not have plastic. They also tend to spend more money because they can afford to.
- They are lower “credit risks” if your business offers “open accounts.”
- They generally buy more online than those without credit cards.
- It’s extremely difficult to sell effectively from a website, and tv/radio commercial if you don’t offer a credit card option.
- Credit card consumers tend to make purchases even when they are low on cash, and/or when their bank balance is short.
- You can offer installment plans for large purchases if they grant you permission to charge them on a monthly basis.
- You can offer on-going subscription services that will generate recurring income.
- You can safely ship merchandise knowing that the payment has been secured.
The Problem? Merchant Accounts Are Hard To Get – Unless…
You’re probably convinced by now that a merchant account will help take your business to the next level.
Unfortunately, it’s not always easy for some merchants.
Banks have been playing hardball in recent years with many entrepreneurs, especially those doing business online.
Sadly, it’s the same old story… A few online scams have messed up a good thing for everyone else looking to get a merchant account.
The top credit card companies are demanding from banks to be extremely selective of the applicants requesting merchant accounts. They are being even more critical of online merchants and home-based businesses.
Thanks to a few scum-bags that have scammed banks and consumers, your local banker may not be too friendly when you go in to sign-up for a merchant account.
Although it is becoming increasingly difficult for online merchants and home-based business owners to secure a merchant account, companies like Electronic Transfer, Inc. make it easy to get set-up for credit card processing.
More and more businesses are ready to sell their products and services on the Web, and they’re looking for a fast, easy, and efficient way to authorize and process online transactions.
An Electronic Transfer, Inc. merchant account has enabled many online sites to increase their revenue by thousands of dollars through their credit card processing service.
No business is too big, too small, too new, or too old for Electronic Transfer, Inc., and their 98% approval rate shows it.
Click Here To Apply NOW and learn how to get a FREE Merchant Account!

