A lot of people nowadays, prefer the convenience of purchasing through credit cards. In the United States, nearly 1 in every 3 consumer purchases are paid through credit. It is crucial therefore for companies to readily accept credit payments to avoid losing sales.
No matter what type of dealing you run, whether it is a small shop, online store, or mail order business, having a credit card service for customers will surely come in handy towards your business’ growth. However, one cannot just accept credit card payments in an instant. In fact, one has to apply to a number of banks for merchant status to be able to do this. But once your merchant status is established, then your business will be good to go.