Why accept credit cards?

April 10, 2014
5 minutes read

Many business owners find themselves asking, “Should I accept credit cards?” Here are three great reasons why credit cards could be the right choice for you .

Your customers will appreciate it

According to Community Merchants USA, 28.7% of consumers say paying by credit card is easier. Of customers between the ages of 18-24, 69% said they’d only shop at a business that accepts multiple forms of payment. Of customers between the ages of 35-44, it was 58%.

Your business will grow

A recent article by squareup.com spells out some of the top reasons for businesses to accept credit cards: increased sales, improved cashflow, higher customers acquisition, and stronger customer trust. Accepting credit cards can also lower your risks, and increase the likelihood of impulse purchases being made. In fact, according to Forbes article, when people are given more payment options, they’re more likely to not only make impulse purchases, but also join loyalty programs and spend more per purchase.

It’s easy!

With Payments by Wave, we’ve made it easier than ever to accept credit cards. In fact, it’s so simple that you can be accepting credit cards in seconds. You will never get surprise fees or hidden fees, which means you’ll pay the same fee no matter what credit card you’re processing. Your customers will be able to pay directly on the invoices you send, helping your business grow, and making your customers happy. So what are you waiting for? Sign up now!

starter
Plan
starter
Plan
$0
pro
Plan
$16USD
$20CAD/mo
Option to accept online payments
Starting at
2.9% + $0.60
per credit card transaction
Starting at
2.9% + $0*
per credit card transaction
for first 10 transactions/mo
Unlimited invoices, estimates, bills
Add your logo and brand colors
Automate late payment reminders
with online payments
Wave mobile app
Unlimited bookkeeping records
Dashboard and reports
Auto-import transactions
Auto-merge transactions
Auto-categorize transactions
Add users
Live-person chat and email support
with any paid add-on
Digitally capture unlimited receipts
additional fee
Payroll
additional fee
additional fee
Hire a bookkeeper
additional fee
additional fee
Option to accept online payments
Starting at
2.9% + $0.60
per credit card transaction
Starting at
2.9% + $0*
per credit card transaction
for first 10 transactions/mo
Unlimited invoices, estimates, bills
Add your logo and brand colors
Automate late payment reminders
with online payments
Wave mobile app
Unlimited bookkeeping records
Dashboard and reports
Auto-import transactions
Auto-merge transactions
Auto-categorize transactions
Add users
Live-person chat and email support
with any paid add-on
Digitally capture unlimited receipts
additional fee
Payroll
additional fee
additional fee
Hire a bookkeeper
additional fee
additional fee

*While subscribed to Wave’s Pro Plan, get 2.9% + $0 (Visa, Mastercard, Discover) and 3.4% + $0 (Amex) per transaction for unlimited transactions during the offer period. After the offer ends: over 10 transactions per month at 2.9% + $0.60 (Visa, Mastercard, Discover) and 3.4% + $0.60 (Amex) per transaction. Discover processing is only available to US customers. See full terms and conditions.

See Terms of Service for more information.

By Sara Rosenfeld
Categories:

The information and tips shared on this blog are meant to be used as learning and personal development tools as you launch, run and grow your business. While a good place to start, these articles should not take the place of personalized advice from professionals. As our lawyers would say: “All content on Wave’s blog is intended for informational purposes only. It should not be considered legal or financial advice.” Additionally, Wave is the legal copyright holder of all materials on the blog, and others cannot re-use or publish it without our written consent.

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