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Credit Card Sales vs Cash


Candybee

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This year my credit card sales for the year so far are 45%+ of my total sales. I know in the past couple years CC sales were from 35-40% of my total earnings. I think this increase in CC sales this year for me is pretty significant.

 

So, are people charging more, is the economy better, or is it an increase in debit card sales? I have noticed more debit card sales. I personally only use a debit card so I don't accumulate credit debt.

 

Anyway, I am just a little jazzed about the increase in CC sales. It speaks volumes of how important it is to be able to take CC sales for your biz.

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I think it's due to the rise of mobile credit card processing.  Just a few years ago, it was rare for a vendor at my shows and markets to take debit/credit.  Now, vendors who only take cash are the exception rather than the rule, IME. 

 

My cash sales have steadily declined a bit, while card sales have increased.  Sales overall have been steady.

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