How you approach using credit cards as a home business is very important to your success. Home businesses are considered high-risk merchant accounts by most credit card processing companies. This may turn you off to offering credit cards to your customers. However the merchant service you use to process your transactions will give you the security and freedom you need to accept credit cards.
Consider the following statistic: Forrester Research Inc. projects that nation-wide online sales will increase by 62% in the next five years. Credit cards are also inherently safer to use and easier to track than any other payment method. The facts are clear, accepting credit cards as a home business is absolutely imperative for its future success. When you accept credit cards online as a home business, you need a processing company that specializes in serving high-risk accounts.
Having the freedom of being outside a contract, with free application fees, 24/7 customer support and a free web shopping cart are features that few merchant services offer to home businesses. They give you a head start, as flexibility and cost-reduction are necessary to start-up success.