3 Reasons to Accept Multiple Payment Methods

“I missed a sale.”
That’s the last thing a business owner wants to say—and yet, it still happens more often than it should.
Let’s paint a familiar scene: You’re a merchant with a great product, the customer is ready to buy… but you can’t accept their preferred method of payment. Just like that, the sale is lost—not because of price or service, but because your payment options were limited.
Today’s customers expect flexibility. The ability to pay with credit cards, mobile wallets, or contactless tap is no longer a luxury—it’s the norm.
Here are 3 powerful reasons why accepting multiple payment methods is critical for your business success:
1. Increase Revenue (Instantly)
More ways to pay = more ways to get paid.
By accepting a broader range of payment options—credit cards, debit, mobile wallets, tap-to-pay, online checkout—you remove barriers to purchase. In fact, even adding just one new method can lead to a noticeable revenue lift.
Take Limor Friedman of Vancouver In The Box, who increased her revenue by 20% simply by accepting credit cards. Before that, she was losing time chasing bounced cheques and turning away card-paying clients.
Your customers are ready to pay. Don’t make it harder for them.
2. Improve Customer Experience
Payment is the final touchpoint in the buyer journey—make it seamless.
No matter how great the product or service, a clunky checkout experience can ruin the overall perception. If a customer prefers to pay with Apple Pay, credit, debit, or digital wallet, meet them where they are.
Offering flexibility at checkout:
- Reduces friction
- Builds trust
- Leaves a positive final impression
- Increases satisfaction and brand loyalty
In short, letting your customers choose how to pay shows that you value their experience.
3. Encourage Repeat Business
We live in a world of instant gratification and convenience. Customers won’t always walk two blocks to withdraw cash. If it’s not easy to buy from you today, they may not try again tomorrow.
Providing payment flexibility makes it:
- Easier to convert first-time buyers
- More likely customers return for future purchases
- More competitive against businesses offering modern checkout experiences
Convenience isn’t just a nice-to-have—it’s a sales driver.
Final Thoughts: Stay Flexible, Stay Competitive
Payment preferences evolve quickly. Offering multiple, secure, and convenient payment methods is no longer optional—it’s a business essential.
At KORT, we help merchants accept payments online, in-store, and on mobile—all with a single, secure platform.
Ready to stop missing sales and start growing revenue?
Email us at partners@kortpayments.com or call 1-800-747-6883 to get started today.