More consumers Using Credit Cards and Debit Cards

Photo by Nazreth

Photo by Nazreth

British consumers today are using credit cards and debit cards more because of the economic crisis. There has been a 10% increase over last year. Therefore, if you are not accepting credit cards at your retail store or at your website, you stand to lose business. Despite the admonitions to spend less money, some consumers continue to be impulse shoppers.

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If you do not accept credit or debit cards, customers will go to someone who does. Although some may pay in cash as a last resort, you cannot afford to take the chance that you may attract someone who prefers to pay in cash.

Accepting credit cards can increase your profits and while we are experiencing hard times and earning less money as a result, accepting credit cards and debit cards can ensure business profits.

4 Responses to More consumers Using Credit Cards and Debit Cards

  1. […] Read the rest here: More consumers Using Credit Cards and Debit Cards […]

  2. Agreed; wise to carry credit cards and debit cards.

  3. Jeff says:

    Here is a new peppy 1-minute video giving people advice on the responsible use of debit, ATM and credit cards.

    “Card Tricks Revealed: How Not To Burn Money”

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