Imagine the scene: a car which failed its MOT has been repaired and successfully passed by your repair garage. The owner turns up to collect it, but they only brought enough cash for the MOT, not the repairs. You allow them to take it away, but then you struggle to get them to return for payment completion.
Car repairs can be expensive; unexpectedly so, sometimes. These days, most people carry a credit or debit card; in fact, they are more likely to have one of these than they are to carry a large amount of cash, or any cash what so ever!
With this in mind, it makes sense for car repair garages to provide a card processing facility for their customers.
Increase your revenue
Card processing is normally considered to have lots of benefits for small businesses, including an increase in revenue by as much as 23% due to the increased opportunity for impulse buys. Impulse buys may not be the traditional form of revenue increase for the car repair industry, but customers who want their cars to work perfectly can be open to suggestions for repairs to damage that they hadn’t previously known about. This is especially true of the MOT test where certain safety aspects must be dealt with before the vehicle can be approved.
Banking statistics show that customers with credit and debit cards feel they have more financial freedom than when they are constrained by a set amount of cash, so they are more likely to agree to a repair suggestion if they can pay by card.
Speed up the payment process
Card processing speeds up the payment process, so that your business isn’t waiting weeks or even months for invoices to be paid. Those 30, 60 and 90 day terms can be a real blockage in your cash flow, so having a card payment facility provides the opportunity to avoid that time lag, and can even save you from unnecessary bank charges.
Save yourself wasted time
Sitting by the phone, and writing and mailing letters while wearing your payment collection hat can be time consuming and frustrating, so having a card payment facility also reduces the time spent chasing payments. Your customers can just pay right there, right then, before their car even leaves your forecourt. If they want, they can telephone ahead and make the payment by phone. Better and better. The convenience isn’t just for them; it’s for you, too.
Get a Chip & Pin Machine Quote Online
Unlike our competitors, our card processing services are jargon free and there’s no need to call a sales representative. Just get a quote online and signup in less than 6 minutes. Sounds good? Get starter here.