Payment Arrangements
» Payment Arrangements, Volume 13, Issue 1, 2016
28. What is the primary reason that you do not accept credit and debit cards?
Response | ||||
---|---|---|---|---|
1 | Fees & costs are too expensive | 23 | ||
2 | Invoices are typically larger than credit card limits | 6 | ||
3 | Not usually done in this type of business | 36 | ||
4 | Customers don't use them | 5 | ||
5 | Too much hassle with existing receivables process | 6 | ||
6 | Too difficult to set up card processing system | 5 | ||
7 | No interest or need | 17 | ||
8 | Other | 1 | ||
9 | (DK/Refuse) | 2 | ||
Total (%) | 101 | |||
N | 257 |
Notes: