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WillowOlder
WillowOlder
May 11, 2018

QUESTION: What’s the biggest “shift” you’ve made around accepting payment?

  • May 11, 2018
  • 4 replies
  • 0 views

In an age when we’re redefining the very concept of money, tell us:

What’s the biggest business “shift” you’ve made when it comes to getting paid? 

  1. I accept cryptocurrencies such as Bitcoin, Ethereum or Litecoin
  2. I use a “mobile wallet” system like ApplePay, AndroidPay or SamsungPay
  3. I have an automated credit card reader (like GoPayment, Square, Clover Go)
  4. It’s cash or check only in my business
  5. Something else!

If you’ve made a shift to a new payment systems, was it easy or difficult? How have your customers and clients responded? What tips can you share about changing the way you accept payment?

 

      4 replies

      lynda11_2
      lynda11_2
      May 11, 2018

      Great article!  I finally am accepting credit cards as payments.  I resisted for so long.  But it's all about cash flow.  And in QBO you can automate everything. The entire process.  It has been a game-changer for me.  And my customer's love it!

        EmilyCowan
        EmilyCowan
        May 14, 2018

        Good for you, @lynda11_2, and great feedback on QBO - thanks :smileyhappy: Automation is key!

         

        I find I'm often resistant to changing things up, even if I know that it's something that will help my business. And apparently I'm not alone: QuickBooks just completed a survey of small-business owners finding that despite overwhelmingly positive feelings about automation technologies, many just aren't set up to take advantage of them (cloud hosting, for example). 

         

        Just curious: What do you think had been holding you back from accepting credit card payments in the past, even though you knew your customers would appreciate the flexibility?

          lynda11_2
          lynda11_2
          May 14, 2018

          Easy answer:  The fees!   :)    I am cheap, or as I like to call it cost conscious

          .

            EmilyCowan
            EmilyCowan
            May 14, 2018

            LOL, no shame in that @lynda11_2!

             

            It's funny: For the longest time I hesitated to have my clients pay via PayPal because of the fees ("hey, that's my hard-earned cash!"), but in the end the ease of use trumped the few dollars per invoice I was paying for the service. Money talks, but sometimes convenience talks just a bit louder :smileyhappy: 

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