It really is becoming increasingly hard for smaller, independent bookstores to generate their mark with the bigger chain stores dominating the high street. Changing the way you accept payment is often a single way of taking on the competition and growing your profits.
Boost your service
It is possible to strengthen your service by accepting payments by card. Accepting debit and credit card payments enables your customers the freedom to pay as they select.
Individuals favor to spend by card because it grants them more freedom than paying by money. Using a debit card a buyer has immediate access to funds and also offers increased security with chip & pin technology.
Stay on top of the competitors
Persons love to shop in smaller independent bookshops, particularly if they can sell second hand books. Even if the bigger chains offer card payments they might not offer the same unique or specified service.
My consumers prefer to pay by money
This may well have been the case in the past, but once you begin accepting card payments you’ll see the difference in volume and average spend of sales very quickly.
1. Once individuals begin to see that you accept debit and credit card payments you’ll find that you will get a lot more and a lot more business, consumer prefer to pay by card.
2. Attract the impulse buyer. If you accept card payments you may find that people today will be tempted to spend additional money than they intended. Folks tend to avoid spending smaller amounts of money on their card again encouraging them to spend far more than if they were to spend by cash.
How do I start accepting cards?
You need to call an independent payment provider; they’ll help to set you up using a merchant account, you could be processing payments within a week. You shouldn’t have to spend any initial fees to set up this service, although there are standard charges for leasing the card terminals and merchant fees for the transactions you make. It can be worth contacting a number of providers to see what rates they quote and to compare the amount of service that they can offer you, pick a provider that best works to your business needs.
If you would like to find out more about how you can Accept Debit Cards in your Bookstore or any other business at a low cost, contact PaymentSense today.
More businesses sign up with PaymentSense than with any other Merchant Service Provider in the UK. PaymentSense offer guaranteed low prices (with capped rates), a 24/7 UK based service and can get you set up Accepting Debit Cards within a matter of days, not weeks. Get your quote today!