Credit card and debit card sales: Businesses are able to attract more customers by accepting credit cards and debit cards because credit card offers customers the convenience of buying without instant payment and debit cards allow the customer to pay electronically. The business also benefits from these transactions as a business need not worry about customers’ credit ratings or collections of receivables. If S starts accepting debit cards and credit cards.

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Chapter 8, Problem 8.1CTDC

To determine

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Credit card and debit card sales: Businesses are able to attract more customers by accepting credit cards and debit cards because credit card offers customers the convenience of buying without instant payment and debit cards allow the customer to pay electronically. The business also benefits from these transactions as a business need not worry about customers’ credit ratings or collections of receivables.

If S starts accepting debit cards and credit cards.

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