Small Business Trends Radio Show Proudly Features ProPay's Award-Winning Merchant Account Services

Cleveland, OH (PRWEB) July 10, 2007 -- The Small Business Trends Radio Show proudly features ProPay's award-winning merchant account services. Samuel Peery, Vice President of Marketing, was the featured guest on the hour-long program, broadcast on WSRadio.com.

As a small business owner, you may be overwhelmed by the numerous resources available to you when considering choosing a merchant account for your small business. However, every business should accept credit cards for several reasons.

Statistics show that the preferred method of payment for consumers today is via credit card. However, many business owners are hesitant to use the services due to the fees normally associated with a merchant account. However, what many small business owners do not realize is that they may be sabotaging their business by turning away sales or simply losing sales as a result.

ProPay, Inc. is an online service that allows you to accept credit cards for online and offline (direct) sales by providing credit card services that are customized to small businesses. In this episode of The Small Business Trends Radio show, Samuel helps you to navigate the sometimes overwhelming world of merchant accounts and teaches you what things to look for when choosing a merchant account.

A merchant account is simply an account that allows you to accept credit cards. Your local banking institution can provide you with one, an independent sales agent can initiate a merchant account for you, or you can use online services.

Many merchant accounts can take as long as several days or weeks to set up. One of the benefits of using ProPay's services is that it allows you to create and use your account immediately. The funds from your transactions are then deposited into your merchant account and can then be forwarded to your banking account.

There are numerous benefits for small businesses who accept credit cards. Retail businesses can see benefits in increased sales. Statistics show that the average credit card order is 3 to 4 times larger than the average check or cash order. Accepting credit cards as a form of payment can increase sales anywhere from 40% to 400%.

Service oriented businesses such as CPA's, law firms, window cleaning, dog walking, and the like, can benefit from increased cash flow and simplifying collections. Statistics show that, on average, 24% of accounts receivables are 90 days old and delinquent. In one study, delinquent accounts receivable were as high as 75% at times. By accepting credit cards, service oriented businesses can get paid much faster and reduce the amount of outstanding receivables and past due accounts. Basically, you won't have to wait for payment.

Increased customer service is another benefit that can be seen by both retail and service oriented businesses. Convenience, speed, professional image, legitimacy, electronic records - these are all benefits of accepting credit card payments and providing superior customer service.

ProPay is the leading provider of merchant accounts in the direct selling industry. Propay's merchant accounts have a virtual terminal provided by Propay that allows you to login to your online account and gain instant approval and an authorization number for each transaction - thus closing the sale immediately.

However, ProPay's services are not limited to the direct sales industry. Recent advances in proprietary underwriting technology have allowed ProPay to go to the general small business market at large. They can now offer their award winning services to any small business owner - online and offline.

Learn more about ProPay and the credit card services provided to small businesses, by listening to the archived episode of Small Business Trends Radio, which can be downloaded at http://www.smbtrendwire.com/2007/06/20/what-every-business-should-know-about-credit-cards/

About ProPay, Inc. and Samuel Peery

Samuel is the Vice President of Marketing at ProPay (http://www.propay.com). ProPay, Inc. is an online service that allows small businesses to accept credit cards for online or direct offline sales. ProPay was founded in 1997 and is the leading provider of merchant accounts for direct selling consultants and distributors. Propay's award-winning merchant services allow small businesses to sign up and start processing credit cards instantly and provide world-class customer service.

About Small Business Trends Radio

Small Business Trends Radio (http://smbtrendwire.com), with host Anita Campbell, is a leader in the new generation of Internet-based radio shows, or podcasts, featuring small business experts on a wide variety of topics. The in-depth interview format of the programs provides practical advice pertaining to small business and those who serve small businesses. Small Business Trends Radio, aired over WSRadio Internet Radio network, is the podcast extension of Small Business Trends. Additional small business content can be found online at sister site Small Business Trends (http://smallbiztrends.com).

Contact information:

Small Business Trends Radio: Staci Wood -- 888.842.1186

###