Internet shopping continues to grow at record levels and smartphones are ubiquitous. Whether your business is in retail or the service industry, a merchant account and website are important tools to help grow the business.
ComScore estimated that online holiday shopping in November rose 28% this year over last, and purchases on mobile devices were up 10%. Cash is out. Plastic is in. According to the Small Business Administration, credit cards are the most common method of customer payment. So if you don't have a merchant account, you could be losing revenue.
A merchant account is a special bank account that allows business owners to process e-commerce transactions. Merchant accounts are available to everyone these days, regardless of the size or type of business. Companies like Square and Intuit offer devices that are compact and that easily attach to your mobile phone. This allows you to accept credit cards on the move, anywhere there is an internet connection and a smartphone.Read More »from Broaden Your Customer Base with a Merchant Account and a Website