#Xplan vs retail customer cash free#

Babysitters, dog walkers, landscapers, and other people hired for short-term, intermittent at-home services.The following types of companies are commonly cash-only businesses: You’ve likely encountered plenty of cash-only businesses. For a cash-only business, credit and debit cards, checks, ACH payments, wire transfers, and other payment forms never enter the picture.

#Xplan vs retail customer cash free#

We’ll explore why cash-based businesses eschew credit cards and how accepting credit cards can boost your bottom line.Įditor’s note: Looking for a credit card processor for your business? Fill out the questionnaire below to have our vendor partners provide you with free information: What is a cash-only business?Ī cash-only business accepts and issues cash payments only. However, consumers overwhelmingly prefer credit over cash, and not accepting credit cards could hurt your business. Some want to avoid credit card processing fees and the hassle of swipe-and-chip hardware, while others face internet connectivity issues.

This article is for owners of cash-only businesses considering accepting credit cards.Ī surprising number of small businesses still don’t accept credit cards.

Affordable credit card processing options can help businesses accept more payments, better serve customers and boost profits.

Reasons traditionally cash-only businesses haven’t pivoted to credit cards include location issues, poor internet access and hesitancy to adopt new technology.

Small businesses nationwide might lose billions of dollars by not accepting credit cards.