PsAmp Blog

Your E-Business Really Needs Credit Card Processing

I took a class on how to start an Internet business at the local community college, and every week we had a different online business owner come in and tell their story. Each of them had a different business and they all approached it differently – but the one thing they all agreed on was the necessity of having credit card processing. One said that they had it because they’d seen several studies that showed that 80 percent of everything bought online was paid for using a credit card. Another said they added merchant services because it had been shown to generate traffic and repeat business. And a third talked about how much better her cash flow situation was when she added credit card online processing. The interesting thing to me was that none of them had a bad thing to say about being able to accept payments online. Which was enough to convince me that I needed to make sure I had a great merchant accounts partner from day one when I opened my online business.