Why Should Wholesale Food Distribution Companies Use Merchant Services by Jennifer Loganathan
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Posted On :
Dec-07-2010
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Article Word Count :
421
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It is vital for wholesale food distribution companies to have multiple payment options of accepting payment through credit cards, but why should a wholesale food distribution company go with a merchant account?
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Accepting credit cards is a fundamental part of doing business in today's world of plastic carrying clients. Some clients will rarely use cash anymore, and paying with a check is becoming quite out of the question. It is vital for wholesale food distribution companies to have multiple payment options of accepting payment through credit cards, but why should a wholesale food distribution company go with a merchant account? The advantages of merchant services are better understood after acquiring more information on merchant credit card processing.
The basic function of credit card processing is to give businesses, like wholesale food distribution companies the ability to accept credit card payments from it's customers. For wholesale food distribution companies, this is typically accomplished through a system called a virtual terminal. This virtual terminal is used through a web based application and the merchant will enter the credit card data and this is done through a safe and secure network, all the while being PCI compliant. After all the data is entered, you, the merchant will hit the submit button to complete the credit card transaction for processing. When the card issuer authorizes that transaction to merchant processing, the acquirer then pays you, the merchant for the amount of that purchase (or transaction).
So why is this important? With the ability to take credit card payments comes many advantages. A wholesale food distribution company can increase their revenue by making payments simpler and more convenient for it's clients. Admin costs will decrease, making room for more profit, and the funds from payments can be accessed faster and more efficiently. These advantages can mean a huge turn in the success of any wholesale food distribution business, but it doesn't stop there. The ability to conduct business through credit cards also brings a certain intangible legitimacy. Merchant services will help project an image of caring for it's clients, professionalism and innovation to the modern client who has many businesses and services to choose from. By improving the payment process in this way, your clients will associate simplicity and safety with making their transactions.
The advantages of applying for merchant services are tremendous in the world of business. Reduce payment errors, make transactions more efficient, and receive payments quicker, all the while pleasing your clients by making the process more convenient. A merchant account will make it possible to accept credit cards quickly and efficiently, giving any wholesale food distribution business the competitive edge it needs for the modern world of commerce.
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Article Source :
http://www.articleseen.com/Article_Why Should Wholesale Food Distribution Companies Use Merchant Services by Jennifer Loganathan_44295.aspx
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Author Resource :
About the Author:
Jennifer Loganathan is a Vertical Sales Manager with Pivotal Payments specializing in the wholesale food distribution industry. Specializing in the wholesale food distribution industry allows Jennifer Loganathan to be an expert in their industry, needs, trends, events, martket conditions, and challenges. Having this knowledge will allow wholesale food distribution companies the opportunity to stay on top of their business. Pivot
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Keywords :
merchant account, merchant services, credit card processing, wholesale, food distribution, jennifer loganathan, pivotal payme,
Category :
Business
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Business
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