Consumers are always on the hunt for the latest and greatest in efficiency and convenience. Given the upward trend of the on-the-go mentality, many customers seek a painless, speedy shopping and transaction experience.
Believe it or not, most consumers prefer to pay with debit and credit cards for security and convenience. Cash is rare unless you work in a field where having it is the norm. If your business only accepts cash, you may miss out on a number of customers who don’t have cash on hand.
In this article, you’ll discover how not accepting credit cards can hurt your bottom line.
Makes Your Business Less Convenient
Imagine the following situation: you have a huge end-of-summer sale where merchandise prices are at an all-time low. Many potential customers hear about this event through word of mouth and run to your doors, hoping to score fantastic finds.
Shoppers gather their finds and make their way to your POS system, ready to check out and enjoy their potential purchases. Unfortunately, your POS system can only handle cash transactions. Not only does this inconvenience customers, but it eliminates the chance of selling merchandise to an audience interested in your product.
In the same situation, your customer now has to debate their next steps. In most cases, shoppers who don’t carry cash often abandon their carts and leave to seek more convenient alternatives.
By not accepting more accessible forms of payment, you could be driving consumers into the arms of your competitors.
Limits Potential Profitability
Witnessing a cart abandonment makes things awkward for the customer and the business owner. Customers could lose out on purchasing an item they looked forward to and desired. Regarding the business owner, the odds you lose revenue by refusing credit cards increase.
With many customers refusing to pay cash for significant purchases, considering credit card transactions may be the best move for a business.
Credit cards have such a significant role in payment that imagine what paying for goods was like in the past. Not accepting credit cards can hurt your business’s bottom line and drive your customers away, ultimately limiting your profitability.
To mark the #SDGs anniversary, people around the world #FlipTheScript
This is our mobilization moment. Together, let’s show that change is possible during Global Week to #Act4SDGs: http://act4sdgs.org
Published: 25th Sep 2022 03:00:37 By: United Nations
United Nations Video: António Guterres (UN Secretary-General) on the High-level event on ending the COVID-19 pandemic
Remarks by António Guterres, Secretary-General of the United Nations on the High-level event on ending the COVID-19 pandemic through equitable access to vaccines, tests and treatments.
Published: 25th Sep 2022 01:43:21 By: United Nations
United Nations Video: Unlocking the Future of Education: Harnessing the Power of Digital Technology to Transform Education
The UN Transforming Education Summit concluded this week with over 130 countries heeding the call to reboot education systems and to offer new hope to the world’s children for a better future. What role does digital education play? Shanghai Media Group and UN SDG Media Compact Member, hears from teachers, industry leaders and policymakers on their efforts in harnessing the power of digital technology to build a more inclusive, high-quality and relevant learning experience for all.
Learn more:
https://www.un.org/en/sdgmediazone
Published: 25th Sep 2022 01:00:09 By: United Nations
United Nations Video: A shared future for all life: Integrating Urban Solutions for Biodiversity Loss | SDG Media Zone
Despite on-going efforts, biodiversity is deteriorating worldwide and this decline is projected to worsen with business-as-usual scenarios, especially with pollution in urban ecosystems. Urgent actions are needed at all levels to build a better future in harmony with nature.
Ahead of the second part of the UN Biodiversity Conference in December this year, join the discussion with researchers from the Chinese Academy of Sciences and explore how to protect and restore biodiversity in and around dense human settlements with the support of cutting-edge technologies.
The SDG Media Zone Special was produced by Yunnan Media Group and recorded in the City of KunMing, China, which is one of the 36 biodiversity hotspots in the world.
Learn more:
https://www.un.org/en/sdgmediazone
Published: 25th Sep 2022 03:00:08 By: United Nations
United Nations Video: #UNGA77 General Debate Live (Russia, India, Ethiopia, China and More) - 24 September 2022
Join us LIVE for the 77th United Nations General Assembly debate! From 20 - 24 and 26 September 2020, more than 100 world leaders, thousands of diplomats and advocates come together to deliver statements and tackle global challenges.
The theme “A watershed moment: transformative solutions to interlocking
challenges” has been proposed for the general debate at the seventy-seventh session,
pursuant to resolution 58/126 (annex).
General debate website: https://gadebate.un.org/
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Scheduled Addresses:
His Excellency Philip Edward Davis, Prime Minister and Minister for Finance, Commonwealth of the Bahamas
His Excellency Abdoulaye Maïga, Prime Minister ad interim, Republic of Mali
His Excellency Ralph Gonsalves, Prime Minister and Minister for National Security, Legal Affairs and Information, Saint Vincent and the Grenadines
His Excellency Dickon Mitchell, Prime Minister and Minister for Finance, and Minister for National Security, Home Affairs, Public Administration, Information and Disaster Management, Grenada
His Excellency Dimitar Kovachevski, Prime Minister, Republic of North Macedonia
His Excellency Moeketsi Majoro, Prime Minister, Kingdom of Lesotho
His Excellency Adriano Afonso Maleiane, Prime Minister, Republic of Mozambique
His Excellency Edi Rama, Prime Minister, Republic of Albania
His Eminence Cardinal Pietro Parolin, Secretary of State, Holy See
China
Viet Nam
Lao People’s Democratic Republic
Thailand
Ethiopia
Russian Federation
Tajikistan
India
Sweden
Egypt
Bulgaria
Azerbaijan
Singapore
Belarus
United Arab Emirates
San Marino
Saudi Arabia
Brunei Darussalam
Sri Lanka
Venezuela (Bolivarian Republic of)
Uzbekistan
Trinidad and Tobago
Iceland
Haiti
His Excellency Bernard Gomou, Prime Minister, Head of Government, Republic of Guinea
Watch LIVE the debate of the General Assembly of the United Nations, in the Original Language Spoken: https://webtv.un.org
متابعة مباشرة باللغة العربية لأعمال المداولات العامة رفيعة المستوى للجمعيه العامة
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敬请收看联合国大会一般性辩论的网络直播（中文同声传译）
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Suivez le débat de l'Assemblée générale en DIRECT et en français
https://media.un.org/en/asset/k10/k10jgyulw9
Transmisión EN VIVO del debate de la Asamblea General de las Naciones Unidas, en español.
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Смотрите прямую трансляцию Общих прений Генеральной Ассамблеи
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#UNGA #UnitedNations
Published: 25th Sep 2022 01:06:48 By: United Nations
CNN Video: Ian storm expected to become hurricane. See where it's headed
Floridians are bracing for Tropical Storm Ian, which is expected to rapidly intensify and become hurricane Sunday before hitting western Cuba, bringing with it the threats of strong winds and storm surge as high as 9 to 14 feet, according to the National Hurricane Center. #CNN #news
Published: 25th Sep 2022 04:00:02 By: CNN
CNN Video: 'Bogus threats': British prime minister responds to Putin
British Prime Minister Liz Truss discusses Russian President Vladimir Putin's decision to escalate the war in Ukraine with CNN anchor Jake Tapper. #CNN #news
Published: 25th Sep 2022 03:00:38 By: CNN
CNN Video: 'I won't be a Republican': Liz Cheney if Trump becomes presidential nominee
Wyoming GOP Rep. Liz Cheney said at The Texas Tribune festival Saturday that if former President Donald Trump becomes the Republican Party’s nominee for president in 2024, she will not remain a Republican. #CNN #news
Published: 25th Sep 2022 02:00:05 By: CNN
CNN Video: Hear what Ukraine texted to Russian soldiers
Former undercover KGB agent Jack Barsky and former CIA official Steve Hall discuss Vladmir Putin's goals with his sham referendums in Ukraine. #CNN #News
Published: 25th Sep 2022 11:12:53 By: CNN
BBC News Video: Italy votes as far-right candidate Giorgia Meloni looks for victory – BBC News
Italians are deciding whether to choose their most right-wing government since World War Two, in an election being followed closely across Europe.
Giorgia Meloni leads the far-right Brothers of Italy party and is aiming to become the country's first female prime minister allied with two other parties on the right.
She has softened her image and resents being linked to Italy's fascist past.
Almost 51 million Italians have the right to vote until 23:00 (21:00 GMT).
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#Italy #Elections #BBCNews
Published: 25th Sep 2022 03:00:15 By: BBC News
BBC News Video: Twitter: How many bot accounts are there? - BBC News
What exactly is a bot account? BBC technology show Click reports.
In April, Twitter agreed to sell the company to the world's richest person, Elon Musk.
However, the deal soured after Mr Musk alleged he was misled about the number of spam and bot accounts on the platform.
He said he no longer wished to purchase the company in May, but Twitter argued that Mr Musk cannot back out of the deal.
But how many accounts on Twitter are fake?
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Published: 25th Sep 2022 01:00:04 By: BBC News
BBC News Video: Houses washed into sea as Storm Fiona batters Canada - BBC News
Power lines have been downed and houses washed into the sea after Storm Fiona battered Canada's coastline.
One woman is missing after being washed out to sea in Newfoundland.
Fiona was downgraded from a hurricane to a tropical storm on Friday. Such weather events are rare in Canada, and police said the storm was "like nothing we've ever seen".
The military has been deployed to Nova Scotia to help with the clean-up operation.
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Published: 25th Sep 2022 11:00:34 By: BBC News
BBC News Video: Inside the CIA’s top secret museum – BBC News
The CIA museum is perhaps the most unusual - and exclusive - in the world.
Located inside the US intelligence agency's headquarters in Langley, Virginia, the museum has just been renovated to mark the agency's 75th anniversary.
Official visitors can see the gun found with Osama bin Laden when he was killed, next to Saddam Hussein's leather jacket.
Its doors are firmly shut to the public, but a small group of journalists, including the BBC, were given exclusive access inside.
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#CIA #US #BBCNews
Published: 25th Sep 2022 09:12:53 By: BBC News
BBC News Video: Could Artificial Intelligence shorten hospital wait times? - BBC News
An NHS Trust in England is trialling Artificial Intelligence (AI) which may be able to manage waiting lists for surgeries and ultimately bring down waiting times, reports BBC technology show Click.
During a consultation, the AI technology helps determine the level of risk a patient will be exposed to by undergoing surgery.
The system takes into account over 200 different factors to work out each individual person's risk as well as the outcome of the surgery.
Critics of the technology said they have wider concerns about data privacy, questioning if AI is a good fit with healthcare.
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Fiona, a category 4 storm, has now made landfall in Nova Scotia, Canada. Before its aggressive arrival to East Canada, Fiona battered Puerto Rico and killed at least eight people.
Due to the hurricane-force winds, Storm Fiona is forcing thousands of people to evacuate from their houses.
#StormFiona #EastCanada #puertorico
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Published: 25th Sep 2022 12:22:25 By: On Demand News
ODN Video: Freed British Hostage Talks About Trip Back Home
After months of imprisonment, this five British hostages, made their hoped return to Britain.
Among them, John Harding, who was captured in May, while fighting with the Azov Regiment in Mariupol.
#russia #ukraine
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Published: 24th Sep 2022 03:31:32 By: On Demand News
ODN Video: Why is the International Community Calling Ukrainian ‘Referenda’ a Sham?
Why is the International Community Calling Ukrainian ‘Referenda’ a Sham?
Four occupied regions of Ukraine are voting on whether to join Russia. Ukraine and the West have dismissed the referenda as a land grab - here’s why.
Report by Sophie Braybrook
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Published: 23rd Sep 2022 08:35:42 By: On Demand News
ODN Video: Burning the Hijab: Dozens Killed as Iran's Women Rise Up
'Burning the Veil: Dozens Killed as Iran's Women Rise Up'
Few Iranians could ever have imagined a time when the women of the Islamic Republic would remove their hijabs in protest.
But throughout days of protest over the death of Mahsa Amini in police custody, Iran’s traditionally conservative population has been setting head scarves alight.
#Iran #iranprotests #hijab
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Published: 23rd Sep 2022 12:42:25 By: On Demand News
ODN Video: Is This the END of Trump's 2024 Campaign?
'Is This the END of Trump's 2024 Campaign?'
Donald Trump's dreams of a second presidential term been dealt another major blow by a civil lawsuit suing the real-estate mogul for fraud.
The former president is alleged to have simultaneously inflated his net worth by billions to get better credit on loans, and deflating it to receive better tax benefits.
In over 220 pages, the claimants allege more than 200 instances of “bank, tax and insurance fraud” between 2011 and 2021, with his three children also listed as defendants.
#trump #donaldtrump #usa
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Published: 22nd Sep 2022 04:21:27 By: On Demand News
CBC Video: 'Heartbreaking' damage in Cape Breton after storm
Mayor Amanda McDougall says state of emergency will continue as cleanup efforts begin
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Published: 25th Sep 2022 02:15:03 By: CBC News
CBC Video: Local states of emergency declared in Cape Breton as Fiona slams island
Local states of emergency were declared in Cape Breton Regional Municipality on Saturday as a powerful storm continues to lash the island, causing widespread power outages and damage.
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For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Published: 24th Sep 2022 08:36:20 By: CBC News
CBC Video: Homes lost, residents flee as Fiona smashes Port aux Basques, N.L.
Port aux Basques, N.L., is under an emergency evacuation order as the town is pounded by severe winds, storm surge and flooding due to post-tropical storm Fiona.
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For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Nova Scotia Power CEO Peter Gregg talks about what's being done to restore electricity as hundreds of thousands deal with storm-related outages.
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For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Published: 24th Sep 2022 03:33:46 By: CBC News
CBC Video: Maj.-Gen. Dany Fortin wears uniform to sexual assault trial, sparking military review
Canada's military is reviewing its dress code policy for civilian court cases after Maj.-Gen. Dany Fortin wore a highly decorated uniform to his sexual assault trial.
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For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Published: 24th Sep 2022 12:17:50 By: CBC News
Global Video: "It's part of everybody's history": CNE's post-pandemic return revives multi-generational traditions
The Canadian National Exhibition (CNE) is back in Toronto after a two-year pandemic hiatus, and with its return, small businesses that struggled with the closure are back.
With revenue going from 100 to 0 when the exhibition closed for two years due to the COVID-19 pandemic, being back at the CNE this year is extra-special for patrons and especially the small family businesses passed down from generation to generation.
“As much as this is a generational business for me and a family business, it’s also something that is an experience that generations have gone to the CNE and enjoyed,” said Sam Scanga, owner of several food booths at the CNE he runs with his family, referring to attendees’ love of his Primo Spaghetti 1.99. "It's part of everybody's history."
Global's Alexia Kapralos and Katherine Cheng have some of their stories.
For more info, please go to https://globalnews.ca/news/9094489/the-return-of-the-cne-and-revival-of-multi-generational-traditions/
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Published: 3rd Sep 2022 09:48:40 By: Global News
Global Video: Are labour unions making a comeback in North America?
Throughout the pandemic, North Americans have been rethinking their relationship with work. In fact, a recently released survey found that about a quarter of Canadians have taken on a new job in the past few months.
Many more who have stayed at their post have begun thinking about ways to improve working conditions.
And then there's workers at places like Starbucks and Apple, some of whom have sought to form unions or join unions. In Canada, three Starbucks in B.C. have voted to join the United Steelworkers Union, as has a café in Calgary. Five Lethbridge Starbucks locations are awaiting the results of similar votes.
Meanwhile, unions have reported an increase in the number of calls from workers interested in joining a union, according to Canadian Labour Congress President Bea Bruske.
“Those workers who are often service sector workers in restaurants, retail locations, have had to deal with the public, have not necessarily had access to personal protective equipment during the pandemic, have not had access to paid sick time. And quite frankly, their wages are not keeping up to inflation,” She explains.
Alyssa Julie explains what’s behind workers’ renewed push to unionize their workplaces and whether it’s likely to lead to a stronger labour movement.
For more info, please go to https://globalnews.ca/news/9079265/union-power-organizing-efforts-starbucks-labour-movement/
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Published: 27th Aug 2022 03:00:22 By: Global News
Global Video: Ballroom culture: World’s 1st Global Black Pride LGBTQ+ celebrations
The world’s first in-person Global Black Pride (GBP) events were held in Toronto, exactly one month after Pride and overlapping with the city’s Caribbean Carnival.
Founded in 2020, it is an event that brings together Black 2SLGBTQIA+ communities across all continents. One of these events was the Black Pride Kiki Ball, co-hosted by the City of Toronto with the Toronto Kiki Ballroom Alliance (TKBA).
In Canada, ballroom culture has exploded in recent years. Founded in 2010 in Toronto by Legendary Twysted Miyake-Mugler and Legendary Vixen, TKBA is a space to nurture the needs of 2SLGBTQIA+ BIPOC youth facing barriers and trauma.
Started in New York during the 1960s, ballroom spaces were created by the queer and trans Black and Latinx community due to discrimination and a need for a safer nightlife. A function that hosts multiple competitive categories, each event typically consists of a DJ, a commentator, a judges panel, ballroom walkers and spectators coming together to celebrate one another and compete.
For the world’s first in-person GBP event, this global event celebrated the unique intersection of these diverse cultures, marking how far the movement has come over the course of 60 years. For those who may be hearing about it for the first time, what exactly is a ball and what does it mean for the community?
For more info, please go to https://globalnews.ca/tag/inside-pride/
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Published: 2nd Aug 2022 01:08:21 By: Global News
Global Video: “I feel very isolated”: People with disabilities face barriers accessing LGBTQ+ spaces
Disability is a reality for many Canadians. Yet, people with disabilities often struggle to access businesses, nightclubs and other spaces.
This is true in the 2SLGBTQQIA+ community as well.
“I feel very isolated in a lot of those spaces because they’re not accessible,” disability awareness consultant Andrew Gurza tells Global News about hot spots in Toronto’s LGBTQ+ neighbourhood, “The Village.”
“And if I can access the space a lot of the community doesn’t know how to receive me. Has never seen a disabled person like me in the space.”
Global News’ Alyssa Julie spoke to two disabled people in the queer community, who said physical barriers aren’t the only hurdle they encounter. Global News’ Alyssa Julie reports.
For more info, please go to https://globalnews.ca
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Published: 29th Jun 2022 09:00:32 By: Global News
Global Video: Bisexual erasure: What it is, and how it impacts mental health
Almost 500,000 people in Canada identify as bisexual, according to official data from Statistics Canada.
However, although a growing portion of the Canadian population identifies as bisexual, those who come out as such are still met with denial, or their identities are questioned. This phenomenon is referred to as bisexual erasure.
One example of this is when a bisexual person is said to be “experimenting,” or transitioning to gay or lesbian, as described by 2SLGBTQQIA+ organizations, like GLAAD or Pflag.
Global News’ Alyssa Julie explains what bisexual erasure is and how it can affect the mental health of those impacted.
For more info, please go to https://globalnews.ca/news/8921492/bisexual-stereotypes-stigma-inside-pride/
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Published: 22nd Jun 2022 09:00:25 By: Global News
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