eHow launches Android app: Get the best of eHow on the go.
Grants for Starting a Small Business
Becoming an Angel Investor
Financing a Franchise Purchase
How Do You Become a Venture Capitalist?
Code of Ethics for a Business
About Ethical Investing in Business
Goals of Employee Relations
Advantages of Sole Proprietorship
Advantages & Disadvantages of Incorporating a Business
About Project Management Training
Benefits of Total Quality Management
Finding Investors for New Business
Definition of Retail Sales Per Capita
Definition of a Limited Liability Company
Benefits of Incorporating Yourself
Common Problems With Performance Reviews
How Do Businesses Profit From Debit Cards?
Benefits of Performance Evaluation
Creative Staffing Solutions
About Training Tools to Teach Time Management
How Does RFID Work?
Debit cards are an easy way to pay for things with money directly out of a checking account without incurr… More
Debit is a technical term of accounting and bookkeeping that refers to an entry that either decreases liab… More
A debit card is an electronic card tied to a bank account. Debit cards cut down on processing costs and pr… More
Having unauthorized charges on a credit or debit card is a real problem that many bank account holders fac… More
Each financial institution determines their own policies and benefits for their debit cards. Debit cards m… More
No-fee debit cards work by taking money directly out of a bank account. Learn more about how no-fee debit … More
A debit card is a basic financial instrument that is tied to a checking account or savings account at the … More
A debit card transaction allows individuals to swipe a card that works like a credit card, but money comes… More
Businesses profit more from debit cards because they get paid quicker, there is a broader pool of potentia… More
Credit card fraud is frequently in the news, but debit cards are just as likely to be used fraudulently. T… More
It is generally safer to use a debit card over a credit card so that you are not spending money that you d… More
Using your credit card to pay for purchases is a quick way to get access to what you want. However, consta… More
Debit cards can help build credit if responsible use leads to the bank offering a real credit card after a… More
Summary: Businesses profit more from debit cards because they get paid quicker, there is a broader pool of potential candidates, and there are no problems with bounced checks. Consider using debit cards to make a quicker profit with information from a portfolio manager in this free video on business strategies.
Roger Groh is the founder of Groh Asset Management. He manages portfolios for many types of customers, including customers seeking growth, income, stability or international customers.read more
"Are you considering accepting debit cards for payment of services, or a product that you've sold to others? Hi, this is Roger Groh, of Groh Asset Management. Why do it? Well, pretty simply, you get paid quicker. Also, you end up with a broader pool of potential candidates, for your product or services. In this debt laden society, we've all gotten very used to doing that. Last, but not least, you won't have the problems with check returns, or delays in payment. You get paid, and you get paid quick. Might you issue a debit card as a corporation, or a group? Sure, why not? It helps with your corporate branding. Think, when you walk into Safeway, and you see the racks full of debit cards, and affinity cards, well, for the most part, they've hired third parties to help them do that, and all that happens, is your logo gets out there, and then the profits are split between the two companies, the company actually managing the product, and you, so it seems like a win-win, all the way across the board. Hope that helps. I'm Roger Groh, with Groh Asset. Thank you very much for spending time with me."
eHow Article: How Do Businesses Profit From Debit Cards?
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.
