Accept Credit Cards

According to one estimate, if businesses don’t accept credit cards, they lose up to 80 percent of consumer impulse buys. Yet many small businesses still don't accept credit cards. If you're one of the laggards, the entire transaction may retain the aura of a mystic ritual — swipe a card, input some numbers, and money magically appears in the bank. In reality, though, credit card transactions involve coordination between multiple high-speed computer networks. Among other services, you will need a credit card processor. Look for companies with well-established track records and solid reputations. It's also critical to compare pricing from at least three processors before making a final choice.