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All firms 'must accept credit card payments'
According to Merchant Accounts, many smaller enterprises such as restaurants, bars and shops continue to only accept cash or cheque payment.
The firm says this outdated policy causes inconvenience for customers and makes it more difficult for firms to maintain client loyalty.
According to Merchant Accounts, customers without chequebooks often have problems with small businesses, since most people do not like to carry large sums of cash.
"When businesses accept credit cards, they can save sales that might otherwise be lost," the firm added.
If consumers do wish to pay using plastic card, they can assess the best credit card offers by switching accounts, according to the Saga Group.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2009-11-13 08:53:43 © Moneyextra.com
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