During the pandemic, countless businesses have been forced to move their operations to contactless and online payment acceptance, which has meant accepting credit and debit card payments. This made credit card processing essential in 2020.
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The importance of credit card processing in 2020
Credit card processing companies make it possible for all types of businesses to keep accepting payments, despite the pandemic – whether that means accepting payments online, using contactless technology in-store or both methods. For businesses that pivoted to offering pickup, delivery or e-commerce services, it means staying open even if their foot traffic is significantly reduced or their storefronts are closed.
Adapting quickly has been the key to survival for so many small businesses during the