We are pleased to offer our travel merchants
an additional way to accept payments for their goods
and services -- the Signature Debit Card
Program.
By taking advantage of this program, Signature travel merchants
can provide ALL of their customers with a simple
and convenient way to pay for purchases, even the
customers that don't have a credit card. Debit cards
work like instant checks, deducting available funds
immediately from the cardholder's checking or savings
account. They provide consumers with all of the advantages
of a credit card (convenience, worldwide acceptance
and security) and none of the perceived hassles (paying
bills, aggressive late fees and punitive interest
rates).
And several recent studies have shown that the future
for these types of cards looks promising. Industry
analysts have forecast that debit card purchases
could total in excess of $1 trillion in the U.S.
alone within the next few years, and that their usage
will probably grow much faster than either credit
cards or ATM cards did in years past.
Consider this: Last year Americans used debit cards
approximately 354 million times during the holiday
shopping season, and this season it is expected that
consumers will use debit cards about 499 million
times, debiting their checking or savings account
for an average of $37.68 per transaction.
With more than 100 million Americans expected to
carry debit cards by the end of next year, they could
be fully in the mainstream and an expected way of
doing business very soon.
It makes sense, it's affordable (there is NO DISCOUNT
RATE charged on these types of transactions) and
it's easy to get going. Once you've been set up with
a travel merchant account for processing credit card payments,
just give us a call at 888-334-2284 and let us know
you want this important program added to your account
profile.
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