How do credit and debit card payments compare to cash?

In today’s market, accepting credit and debit cards is the preferred method of payment.

Since December 2004 total combined credit and debit card spending overtook total cash spending for the first time. In 2009 it is forecast that debit card spending alone will outstrip cash spending for the first time.

Spending on cards is therefore increasing at a much faster rate than both cash and cheques, which confirms the need to start taking card payments to maximise your potential business success.

 


©2011 Cardsave. All Rights Reserved

Card Machines | Wireless Card Machines | Mobile Card Machines | Card Processing | Merchant Services | Blog
Credit Card Machines for Small Business | Card Payments | Chip and Pin | eShop | Hosted Payment Page | Integrated Payment Page
Ecommerce | Shopping Cart | Payment Gateways | Phone Payments | Virtual Terminals | Loyalty & Gift Cards | Pay By Link | Transparent PayPage
† Calls are free from most landlines. Mobile and other network costs may vary
* by transaction volume