Jump to content
Sign in to follow this  
Candybee

Credit Card Sales vs Cash

Recommended Posts

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.

Share this post


Link to post
Share on other sites

Almost all of my sales are CC. Even friends that come to my house to buy my stuff. 😂

People just don't seem to carry cash anymore. If I do have a cash sale, it is almost always something under $10. 

  • Like 1

Share this post


Link to post
Share on other sites

The difference is big enough it seems I mostly get charges rather than people paying cash. However, cash is still above 50% of my sales and that is pretty significant too.

Share this post


Link to post
Share on other sites

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.

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...