It’s hard to believe how fast things advance in the IT world. Some businesses have accepted online payments for over 20 years. But two decades ago, not nearly as many businesses sold online, much less used a global payment gateway to accept online payments worldwide.
Some businesses are still stuck in that position, relying on in-store sales alone to create an impressive bottom line. This doesn’t mean the businesses are set to fail, but it almost certainly means they could generate more revenue if they started selling online.
If your business is considering accepting payments online, the good news is that processing online payments is faster and more secure — and the benefits of accepting them are better understood — than ever before. Here are four benefits small businesses reap from accepting payments online.
1. Quickly Expands the Sales Territory
Expanding a sales territory by building more locations is…