As a CPA, I don't like change, but for CPAs, Lawyers, and Doctors the only constant is that nothing in our lives is constant! We deal with constant changes.
For medical practitioners: New technology means new ways to solve patient problems
For Attorneys: Court rulings mean case law is constantly evolving
For CPAs: Congress continues to create tax laws
With all this change, why add credit card acceptance to a business and why begin accepting credit card payments online? You may be thinking "I haven't accept credit cards before, or I can accepting credit cards over the phone". Maybe you begin to think that the only thing not favorably changing in your business are your outstanding receivables.
Accepting credit cards is becoming the standard, yet those same individuals (including myself at one time) that expect to pay with their credit card at a restaurant or retail store do not accept credit cards in their service business.
It is critical that a business open up to all forms of payment. The reasons are simple.
- Increased Sales: Clients/Patients can take advantage of services they need most, and in the case of health care services, obtain treatment when it's needed.
- Faster Payment : With credit card transactions, you receive funds within 48-72 hours, improving your cash flow. Clients/Patients often make payments during nontraditional hours (9pm after the kids have gone to sleep) and appreciate the convenience your business provides.
- Reduced Costs : You can save time on the management of billing, sending statements and tracking receivables, reducing your overhead and related expenses. TIME IS MONEY! We know that as we bill out our hours.
- Fewer Processing Problems : Reducing the number of checks you take in diminishes the likelihood of problems resulting from processing checks. So you'll avoid NSF fees, redeposit fees, and minimize misappropriation of funds.
- Improved Customer Service : Clients/Patients enjoy the speed, convenience and payment flexibility that cards provide. Card acceptance lets you accommodate these consumers and offer increased payment options with monthly, quarterly or semiannual billings. Additionally, Clients/Patients appreciate the fact that they can pay their bill 24 hours a day, seven days a week.
- Recession proof your business: When Clients/Patients look at their outstanding bills for service providers, don't be the one that get passed up for payment because payment flexibility isn't there.
Work with a company that knows professional services. Connected Pay LLC is a one stop shop for credit card processing. We are professionals helping professionals. We offer a customized virtual terminal interface, merchant accounts and gateway services. We have done the research so you don't have to. Our merchant account is the same we offer to our clients. If you would like some info on how Connected Pay can help your business, drop me a line. E-mail me
