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In today's market, taking cards is the preferred method of payment. In 2006 the number of credit cards in the UK payment markets was the largest ever, and more than half of all adults regularly made debit card purchases*.
If you are a merchant who deals direct with consumers, you can benefit from
the following:
- More customers through your door - if they see their card is accepted,
they're more likely to come in and spend.
- Having no cash restrictions means browsers can become buyers - customers
can spend more.
- Larger impulse buying - increased turnover and profits.
- Simple procedures - your banking becomes automated, making procedures
simpler and faster.
If you also deal with other businesses, you can also benefit by accepting card payments from your commercial customers. Businesses and organisations, large and small, in both the private and public sectors pay by card. Find out more in our business to business section or read our brochure 'It's time your business accepted cards'.
*APACS 2006
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