What It Means To You When Credit Card Usage INCREASES?

As Large Retailers start issueing more and more debit & credit cards, then it drives spending with payment cards at your business, making card acceptance essential in surviving. And lower fees essential to keeping your money after you make it.

Here’s a link to Walmart Applying for Bank Status.

Right now… “Nearly 65 per cent of Canadian consumers’ spending is done on payment cards” Think of the implications of this to small to medium businesses.

As credit card companies create and use technologies that make it more convenient and easier and easier to use debit or credit cards, cash will be virtually eliminated and you will pay fees for every sale through your business. Here’s an article related to this very important topic.

US

Leave a comment