Why your home based business needs to take credit cards

If you have started up an online business that is flexible enough to enable you to work around your children, it’s likely that you are selling something in one form or another.  Many stay at home moms opt to open their own ecommerce stores, selling everything from candles to homemade trinkets.  While it may be easier to operate purely through platforms like eBay and Etsy, you can make more profit if you sell direct.  However, your business has to be able to accept a wide variety of payment options, there is nothing more frustrating than getting to the point of purchase and finding that you can’t buy what you need – this happened to me so often when I used to use a Visa Electron card – even places like Tesco wouldn’t accept it. It was infuriating to miss out on that Hatchimal because I didn’t have the right payment method.

According to a recent infographic by Rutgers Online, accepting credit card payments is more important than ever before.  150 million transactions are handled each day by Visa, and that works out at more than 24,000 transactions per second!  If you do not accept credit card payments, you could be missing out on a lot of custom.  The infographic below explains the figures in more detail.


Rutgers Online created the above infographic with help from its online MBA degree students.

So, if you run a mama business, it’s time to get real and think about whether or not you are offering everyone an easy way to shop or not. What do you think?

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