Today, nearly 4 million U.S. retailers accept debit cards and credit cards as forms of payment. Still, there are those that don’t. You may find the occasional restaurant or small store that only accepts cash. The reasons why a few business owners fail to accept payment cards remains unclear. Perhaps they’re just used to doing things the way they’ve always done them. They might have heard that there are charges related to credit and debit card processing and may fear that such charges will cut into their revenue. Just the opposite is true. Research shows that accepting payment cards results in higher revenues and balances. Today’s consumers prefer to use payment cards and many never even carry cash! Those who fail to adopt payment card processing technology are likely to lose the business of customers that don’t carry cash.
It’s true that there are costs associated with credit and debit card processing. In response to their growing popularity, a number of companies have emerged that are designed to assist merchants by helping them cut their processing overhead costs and provide customizable payment solutions of all types. Vision Payment Solutions is one such company. Through a variety of products and credit card processing services, we assist merchants by giving them the tools they need to process payment card information quickly, cheaply, and securely.
For established businesses, we offer customizable solutions that are compatible with the existing hardware and software that are is already in use. We offer fast and easy authorization and processing of all payment forms, card brands, and merchant segments. Many of our products come with comprehensive data summaries and reporting tools that allow business owners to see the big picture of their transaction costs and identify areas for improvement. In addition, our products utilize leading-edge technologies to protect merchants against fraud and loss.
Some of the products and services we offer include merchant accounts, short-term capital funding, mobile solutions, gift and stored value cards, level III processing, integrated point of sale systems, virtual terminals and internet gateways, and of course, card readers. Whether you operate a seasoned business or are preparing to open your first location, we have all of the payment solutions that you need to operate efficiently.
To learn more about the credit card processing services that we offer, contact VPS today at (877) 674-2286!