Work with any online company, credit card company, banking organization or the like and you are likely to hear the term merchant services used.

When I opened my business, the teller at the bank said, "Can I have merchant services contact you about setting up credit card processing services for your new business?"

To which I responded, "Well, thank you very much but I'm not too sure that I even want to accept credit cards. I'd prefer checks any day."

"Oh why is that," she proceeded.

"Well, to be honest, I'm just not a fan of credit cards and I am not a fan of the credit card processing fees associated with accepting cards for payment."

"You might lose some business.'

"Well, I suppose that is a risk I'll have to take."

In retrospect let me say, it is good business sense to offer credit card payments to your clients.