Lighthouse Business card processing strategies and business solutions can free you from the time and budget constraints of daily administrative chores and provide you the resources that enable you to focus on the priorities of your business success. Our Services are designed to maximize the impact of credit card processing on your bottom line, with accelerated cash flow, expense reduction, process efficiencies and customer satisfaction. 80% of business consumers prefer to pay with credit cards for security, efficiency and financial management. Ensuring you are positioned to accept all methods of payments will increase your customers satisfaction. Credit Card Acceptance will benefit your business by:
- Customers have higher confidence in purchases when using spending at a location that accepts credit cards. Consumers view the business more stable than cash only locations.
- Customers demonstrate higher levels of satisfaction when using credit cards as a result of faster check-out times, more efficient service, and personal security of payment via protections from the issuing banks and card network. It is also much easier to use a credit card than other payment methods, such as running to an ATM for cash or writing a check.
- Competitiveness. If you are not accepting payments the way your customer wants to pay, there are other businesses who will. In today's economy, Payment acceptance is a must.
- Businesses that accept credit cards witness up to 135% increase in consumer spending. Consumers feel more comfortable with impulse buying with credit card purchasing. Whether at a retailer, restaurant, grocery or any business type, customers who have the convenience of paying with their debit or credit card are more comfortable in making the additional spend.
- New revenue opportunities are made available through online payments. E-commerce can expand customer reach, beyond the store-front location. Technologies have offered simplicity for business looking to offer an online outlet for their products or services.
- You can impact your bottom-line with faster settlements of funds. Credit card payments are settled quickly and efficiently, which enables next day funding. This eliminates the time delay for check settlement, risk of bad checks, and security concerns of taking cash and checks to the bank locations. Get your money faster!