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This is a big reason. Businesses, in general, tend to see around a 20% increase in sales when they offer their customers the ability to pay with credit cards. Some customers will not even shop at stores that don’t accept credit cards. Customers generally like to credit cards for convenience, ability to delay cashflow, and reward points.
Cash flow improves businesses, especially for those businesses that only use invoices and checks. Checks bounce and invoices take time. With cash, there is waiting in lines to deposit the money into the bank. When a customer pays with credit card, it is deposited into your bank account within 24 hours. You get your cash faster which means better cash flow.
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