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Blog > Merchant Accounts Which is Meant For High Risk Mer
Merchant Accounts Which is Meant For High Risk Mer
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cramerjohn004
101 posts
Sep 27, 2022
9:48 AM
Are cheaper to operate - Transactions clear as a card-present, magnetic stripe-read transaction, but card readers are a fraction of the cost of a new POS terminal.

Increase efficiency - Businesses with contactless payments merchant accounts enjoy much more rapid check-out times during peak hours.

Are easy to install and upgrade - The hardware for contactless payments merchant accounts is all plug-n-play.

Increase customer loyalty - Studies show that customers return to the participating merchant's North American Bancard Sales Partner location on an average of two times a month.

Leverage a general consumer movement away from cash (20%) - Even customers who don't specifically love contactless payment probably DO specifically dislike cash. By offering them an alternative, businesses increase the likelihood of a sale.
robbet
6 posts
Sep 27, 2022
10:01 AM
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