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Level 5

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

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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 Comments
Highlighted
Community Champion

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

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!

Highlighted
Level 7

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

Good for you, @lynda, 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?

Highlighted
Community Champion

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

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

.

Highlighted
Level 7

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

LOL, no shame in that @lynda!

 

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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