Due to the large number of people who prefer to pay with credit cards, rather than use cash or check, more businesses offer credit card services. This in turn has led to an increase in the number companies offering merchant accounts and credit card machines to business owners.
While on the surface it might appear that offering credit card services is only beneficial to businesses, it is in fact, beneficial to everyone involved. A customer can buy anything he wants without bothering about the cash on hand; the business has a lower overhead cost and an increase in revenue; and banks/companies offering merchant accounts get an additional source of revenue through the fees charged to businesses offering credit card services.
