Intelligence

The Costs and Benefits of Accepting Credit Cards for Your Business

I’m looking to interview credit, risk, and cash flow experts for a roundup-style blog post. I am writing a series on cash flow management practices for small businesses. This piece is about accepting credit cards from customers. Small businesses need to make financial/risk tradeoffs if they
want to accept credit cards. What should they know? Requirements: 1. Please introduce yourself. Why are you passionate about this topic? 2. What are the benefits of using credit cards? 3. What are drawbacks? 4. How can business owners manage around these drawbacks? 5. What regulatory/compliance risks should small business owners be aware of?