In today's competitive environment, a cash-only seller will outsell a credit-selling competitor.

Question

Quizplus · Accepted Answer

While offering cash-only may appeal to some customers, not accepting credit cards can limit the number of potential sales. Customers may prefer to use credit cards for convenience or to earn rewards points, and not accepting credit may turn them away to a competitor who does. Accepting credit cards can also increase the perceived legitimacy and professionalism of a business.

In Today's Competitive Environment, a Cash-Only Seller Will Outsell a Credit-Selling