Merchant Account Information
If it's true that 70% of all merchant accounts are setup wrong, then how do you know yours isn't one of them?
Managing Your Cash Flow and Accepting Credit Cards
Credit and debit cards, now more than ever before, are a powerful global purchasing tool. In fact, card usage increases at the astounding rate of 20% more per year. It's never been more essential for businesses to be able to accept charge card payments.
Top Reasons for Accepting Credit Cards
Increased Sales
Customers paying by credit card buy on average 2.5 times more than those paying by check or cash. People will tend to buy more expensive items because there is less of a limit on what they can spend at one time.
Faster Payment
With credit card transactions you receive payment within 24 to 48 hours, much faster than with other methods such as checks. This improves your business cash flow. The quick transaction turnover will improve your business operations by cutting down on wasteful downtime between transaction and payment.
Improved Customer Service
Purchasing merchandise is now more convenient and flexible for customers than ever before. Credit cards give consumers more options for payment and create instant transactions in your market, which in turn makes a happy customer and a happy you.
Fewer Processing Problems
Credit cards are processed automatically and within seconds, and receipts are printed from your processing terminal, also supplied by Cornerstone. Accepting credit cards also eliminates trips to the bank and the risk of getting a bad check.
Increased Business Credibility
Accepting credit cards give your business a more credible and professional face to your customers, affiliates, and competitors.



