Financials and Cash Flow

Stay on top of your business cash flow

Accept credit and debit card payments from your customers to make your funds available when you need them.

Published: April 13, 2017
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Stay on top of your business cash flow

Your ability to get paid quickly is crucial to cash flow management. Accept credit and debit card payments from your customers to make your funds available when you need them.

Cash isn't king

Only 10% of consumers use cash for all of their purchases. 40% of consumers carry less than $20 in cash every day.

Customers prefer card payments

53% of Americans say they never or rarely use cash, up from 43% five years ago. 76% of adults in the U.S. use a credit card. 67% of millennials have their credit card number saved on a mobile payments app.

Accepting card payments to improve cash flow

Increases sales: Customers spend 12-18% more when using credit cards instead of cash Faster access to funds: No need to wait for checks to clear, or a bank visit. Access funds as soon as the next business day.

Wells Fargo Merchant Services can help you improve your cash flow with payment processing options that allow you to accept credit and debit card payments from your customers with next business day funding. If you'd like to learn more about how payment processing can help your business, visit wellsfargo.com/biz/merchant or call 1-866-380-9828 for more information.

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