Increased Security

• One of the advantages of accepting a credit or debit card payment is that it is often more secure. If you take more credit card and debit card payments, it reduces the amount of cash that you have on hand in your business. By keeping less cash around, you lower the chances of getting robbed and you also add to the safety for your employees. It also reduces the chances of employees trying to take some of the cash on hand.
  
  

Improved Cash Flow

• Another advantage of getting paid by credit or debit card is that it improves your business' cash flow. When a sale is processed, the money is transferred from the customer's account to your account almost instantaneously. This means that at the end of the day, your account will have money in it from transactions. If you receive cash, you must take the cash to the bank and deposit it daily before it makes its way into your account.
  
  

Increased Sales

• When you offer the ability for your customers to make purchases with debit and credit cards, it increases your sales. In today's market, many customers expect to be able to pay with a credit or debit card, regardless of what they are buying. If you do not offer this method, the customer may have to go get cash. When this happens, many customers will not return since it is inconvenient for them. If you accept multiple methods of payment, it increases your odds of getting sales.
  
  

Easier Accounting

• Another advantage that comes with accepting payments through credit or debit card is the simpler accounting that comes with it. When you make a credit or debit card sale, a record of it is kept in your credit card terminal. Then at the end of the day, you can print a copy of all of the transactions from that day. This makes it simple to keep track of everything without having to write anything down.