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Automotive Service Shops - 7538

Climate: SWOT (Strength, Weakness, Opportunity and Threat)

Agents servicing the Automotive Service Shops vertical market are dealing with an industry whose primary strength as a processing opportunity lies in the increase of add-on sales as cash in hand isn’t a limiting factor and in opportunities to reduce overhead costs associated with cash payments such as employee theft, clerical mistakes, and payroll requirements to manage cash and check transactions.  Historically, business owners within this vertical market have showed indifference to the use of credit cards by customers.  Today, the payment climate reflects a willingness for businesses to promote towards payment processing.

Auto Repair Shops should take credit cardsMany business owners who do not accept card payments cite two key concerns regarding card payments in general: ...

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