Why is it generally beneficial for a business to accept major credit cards as payment for goods

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Why is it generally beneficial for a business to accept major credit cards as payment for goods and services even when the fee charged by the credit card company is substantial?

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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Question Posted: Jan 03, 2012 04:13 AM

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Why is it generally beneficial for a business to accept major credit cards as payment for goods

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