Credit cards are one of the most important and widely used payment methods by Brazilians. In 2024 alone, according to the Brazilian Association of Credit Card and Services Companies , in the first half of the year, there were around 22.1 billion transactions made using cards.
According to Abecs, one of the factors that has increased the use of credit is the reduction in the default rate, increasing the credit limit for individuals . Therefore, with this increase in use, every company must prepare to sell with credit cards.
It is necessary to understand some specifics of how to sell by credit card online. Some questions may arise, such as: how it works, what are the advantages and whether it is worth investing in this payment method . To understand more about the subject, continue reading.
Browse the content
Is it worth selling by credit card online?
Yes, there are several advantages to spain whatsapp number data through credit cards . Cards have always been a solution for in-person businesses, but the digital sales market is also expanding.
According to information released by the Central Bank , credit card use grew 11.6% in the first half of 2024, compared to the previous period . Therefore, with the increase in use, companies must decide whether or not to make sales with this payment method.
There are ways to sell by card, commonly used by the market :
- Cash credit : use of the card limit to make a payment in a single installment;
- Installment credit: one of the most widely used methods today, in which, each month, the customer pays the invoice amounts, making payment for a product/service more flexible;
- Recurring credit : generally, recurrence is used for monthly services, such as gyms, tools, etc. The amounts are debited from the invoice, without taking up the total limit, as in installments, with several terms: weekly, monthly, half-yearly, etc.
However, it is important to note that when making a sale using a credit card in installments, for example, the company will receive the amounts in installments . Therefore, it is important to carry out corporate financial management to ensure the organization of cash flow .
How does online credit card sales work?
Selling by credit card online involves participating museums and archives steps. After all, there are some institutions responsible for ensuring that the transaction is out correctly : the issuers, the card brands and the acquirers.
- Issuers: These are the financial institutions that issue a credit card, giving it a limit and becoming responsible for collecting the amounts. Generally, issuers are banks;
- Card brands : these are the entities that define the card rules and communicate between the issuer and the acquirer;
- Acquirers: carry out all communication with the brands and issuers, ensuring that the seller receives the amount transacted in their account.
It is important to highlight that the movement of all those involved happens after the purchase, and the retailer generally takes up to 30 days to have the amounts cleared in their account.
The same applies to installment payments. Compensation occurs from the invoice collection date . However, it is possible to receive these amounts in advance, through the anticipation of receivables .
Credit card receivables anticipation
The purpose of advance payment is to advance a payment that would only at a future date . To do this, it is necessary to maldivian lads a credit analysis from a payment platform that has this function.
This way, it is possible to use the money to pay off pending payments or redirect these resources to new investments. To make the advance, the company needs to have future payments pending, either by bank slip or credit card.
