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Debit/ATM Card Acceptance
Why debit services are advantageous to you and your business:
- No risk to your business
- Sales proceeds are deposited into your account as soon as 48 hours after the transaction
- Debit card transactions are reported along with your credit card transactions on your merchant processing statement each month, and can be viewed online along with your credit card transactions
- Statements are itemized with the location and time of the debit card transaction, unlike checks
- Transaction costs for pin-based debit are lower than for signature based credit or debit cards
Why more and more consumers prefer using debit cards:
- They're easier and faster to use than a check
- Conveniently, most debit cards also serve as ATM cards
- Consumers avoid increasing their credit card debt
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Gain valuable insight from business owners who have utilized Newtek's services to help manage and grow their businesses.
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