At MasterCard, we drive change—change that makes a positive difference in the lives of our customers. This means that we're always looking for new ideas, always encouraging fresh thinking, and always collaborating with our partners around the world. It's this commitment to continual improvement that has led us to create the most innovative payments products and services in the world.
Whether you're a new business or an established enterprise, accepting MasterCard will likely have a big impact on your bottom line. Some of the most significant benefits include:
Consumers spend more when they're not constrained by cash on hand. You may see increased purchases of higher-margin products as well as specialty items. And customers may visit your store more often.
Your customers will appreciate the fact that you allow them the flexibility to pay the way they want to pay—including by credit, debit or prepaid cards. Happier customers are more loyal customers.
Speed of Checkout
You'll speed your customers through checkout with rapid electronic payment. No more counting change or waiting while customers write checks.
Electronic card transactions can save you time and money by minimizing cash handling and payment reconciliation, giving you more time to do more important things—like managing and growing your business.
With lower volumes of cash, you're less vulnerable to theft and pilfering.
Electronic payments on MasterCard cards are settled in the currency in which you sell your goods and services, regardless of where the Cardholder is from. If you sell in US or Canadian dollars, that's how you'll be paid.
The Benefits Of Displaying The MasterCard Brand Mark
The bold MasterCard Brand Mark, with its bright look and visual impact, helps Merchants around the world take advantage of the profitable benefits of exterior signage. Customers tend to spend, on average, 16% more when they pay by MasterCard instead of paying by cash. MasterCard transactions are typically settled and deposited to your account within 24 to 72 hours.
MasterCard Signage Means A Big Opportunity
MasterCard signage is a competitive advantage. Letting Cardholders know you accept MasterCard can lead to increased traffic and sales volume. To learn how you can put MasterCard signage to work for you, contact your Acquirer, Services Provider, or click here for information on becoming a MasterCard Merchant.
*Source: MasterCard Data Warehouse Q4 2006, Issuer Case Studies conducted in 2006 and MasterCard PayPassPerformance Insights.
This data is derived from information provided to MasterCard and is subject to certain limited verification by MasterCard. Certain information indicated on the presentation may not have been independently verified by MasterCard. All data is subject to revision and amendment by MasterCard subsequent to the date of the release of this presentation.