Question: Companies allow customers to pay for products using third - party credit cards because: cash is received from the credit card company faster than from

Companies allow customers to pay for products using third-party credit cards because:
cash is received from the credit card company faster than from a credit customer.
the seller does not have to evaluate customer credit.
a variety of payment options typically increase sales volume.
the seller avoids the risk of customer non-payment.
there is no cost to the seller to allow third-party credit cards.
Companies allow customers to pay for products using third-party credit cards

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Multiple Select Question Select all that apply Companies allow customers to pay for products using third - party credit cards because: Multiple select question. a variety of payment options typically...

Q:

Select all that apply Companies allow customers to pay for products using third - party credit cards because: the seller does not have to evaluate customer credit. a variety of payment options...

Q:

elect all that apply Companies allow customers to pay for products using third-party credit cards because: Multiple select question. there is no cost to the seller to allow third-party credit cards....

Q:

Multiple Select Question Select all that apply Companies allow customers to pay for products using third - party credit cards because: there is no fee to the seller to allow third - party credit...

Q:

Select all that apply Companies allow customers to pay for products using third - party credit cards because: Multiple select question. cash is received from the credit card company sooner than if it...

Q:

Companies allow customers to pay for products using third - party credit cards because: there is no fee to the seller to allow third - party credit cards. the seller avoids the risk of customer non -...

Q:

Select all that apply Companies allow customers to pay for products using third - party credit cards because: Multiple select question. cash is received from the credit card company sooner than if it...

Q:

Dompanies allow customers to pay for products using third - party credit cards because: there is no cost to the seller to allow third - party credit cards. the seller does not have to evaluate...

Q:

Hi, I just need help in checking if all of these questions are correct there are 25 questions You can put numbers 1 to 25, For example: 1. A 2. E and so on Which of the following is not revealed by...

Q:

Marketing Excellence American Express American Express is one of the world's most respected brands, known globally for its charge cards, travel services, and financial services. It began as a...

Q:

An annuity paying $1400 at the end of each month (except for a smaller final payment) was purchased with $225,000 that had accumulated in an RRSP. The annuity provides a semiannually compounded rate...

Q:

What are the areas which cooperatives by-law may address?

Q:

The following information pertains to Bairoil Manufacturing Company for March Year 3. Assume actual overhead equaled applied overhead. March 1 Inventory balances Raw materials $ 200,000 Work in...

Q:

2015 $25,800 127,000 80,700 10,000 243,500 576,000 $819,500 2014 $20,500 94,300 56,000 4,600 175,400 540,300 $715,700 Pippin Piping Co. Comparative Balance Sheets As of December 31 Assets 2016 Cash...