You are studying in the library and are reviewing one of your classmate’s responses to the following question:
“Explain, in your own words, why a company may decide to accept credit cards rather than extend credit directly to customers.”
Your classmate responds as follows:
“A company would rather accept credit cards than extend credit directly to the client because then they have another company that is responsible for collecting the money. Whether the person has money or not, the company will get paid by Visa or MasterCard.”

Required

Identify two ways to substantively improve your classmate’s response.