In the retail business, you're not just selling goods, you're selling an entire experience. Convenience, payment flexibility, and speed all contribute to improved service and customer loyalty. And with over 30 million MasterCard acceptance locations around the world, our cardholders-many of whom are your customers-have come to expect that kind of heightened shopping experience.
And every MasterCard cardholder is your potential customer when you accept MasterCard. Better still, acceptance allows you to serve more customers, more efficiently, meaning that you can process more transactions per day.
When you take a close look at it, MasterCard acceptance offers many valuable benefits to your retail business:
Deliver Better Service
Provide faster checkout, rapid authorization and offer a choice of payment options.
Increase Customer Loyalty
Customers are more likely to return to a business that offers several payment options.
Reach New Customers
Participate in merchant offers programs like Easy Savings and usage programs to reach new customers and drive sales.
Leverage Brand Partnerships
Take advantage of our brand assets and relationships with world-class organizations like Major League Baseball and the PGA.
Get Paid Sooner
You receive payment faster than with checks-usually within 24 to 72 hours.
Card Acceptance Is Safer Than Cash/Checks
With less cash and fewer checks on hand, theft risk is potentially reduced.
Reduce Check Processing Costs
Fewer checks accepted lowers the cost of check processing and the likelihood of check-acceptance problems.
YOUR CUSTOMERS BENEFIT, TOO
They're Not Limited By Cash-on-Hand
Your customers are free to take advantage of specials or make additional purchases.
They Speed Through Checkout
Today's technology allows debit card transactions to normally be processed as fast as cash and faster than checks.
They Appreciate Multiple Payment Options
Customers enjoy the convenience and flexibility of a variety of payment options.
There's No Need To Carry Cash
Many customers feel safer if they don't have to carry a lot of cash.
They Can Collect Rewards
Some customers may elect to pay with a card to support their participation in a reward program.
They Can Track Expenses
Card statements help your customers track their expenses for household budgeting.
It's the industry's leading contactless payment system and it can give your customers a new reason to shop at your store.
Strengthen your customer relationships and increase loyalty while lowering acquisition costs.
