Consumer confidence in business is important if the business hopes to survive. Many studies are concluding that customer data breaches mean consumers are less likely to return customers to any business. This figure stands at a mind-blowing 75% of all customers would shop elsewhere.
With these figures in mind, it is imperative that you take the security of your customer’s data seriously. What is interesting to note is most data breaches are happening in actual physical shops. It is, therefore, safer to shop online than to support local shopping areas.
More people are shopping online, so offering your customers the option to purchase from a virtual shop might be the answer to increasing your sales and overall business turnover.
Some businesses are high-risk, but this doesn’t matter when it comes to applying for a merchant account. High-risk businesses are entitled to have access to the same services as other businesses.
It is even possible to apply for an online firearm merchant account. It is important that you find a company that is looking to offer you great customer service and great rates too. High-risk businesses are the ones that are going to generate a lot of interest, as many of them are classed as high risk because of what they do rather than other risks, which relate to poor credit history.
If your business is able to protect your customer’s details and you have a shop online then you are going to see an increase in the customers who visit your business. This is because of the increase in people looking to shop online for the items they want and at the same time getting better protection for their data too.
Therefore, online shopping is safer than visiting your local shopping centers and for this reason, having an online business is going to be the way forward for the future development of any business that is serious about growing and developing into the future.