Credit cards are seen as an advantage by businesses because the cash is normally received quicker than with other forms of extended credit.

Question

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This is because credit card transactions are processed electronically and funds are usually deposited into the merchant’s account within a few business days. This is often faster than other forms of extended credit, such as checks or invoicing, which may take several days or even weeks to clear.

Credit Cards Are Seen as an Advantage by Businesses Because