Why would I want to use credit card servicing?
- Faster Access to Funds
- No more waiting for checks to clear, providing better cash management.
- Increased Sales
- More than 300 million people use credit cards with 20% of all sales a result of impulse buying.
- A credit card sale is virtually guaranteed without the risk of bad checks or cash mishandling.
- Credit card companies spend millions to advertise their services and provide FREE promotional aids and displays.
- Credit card customers have considerable purchasing power and have been prescreened for credit worthiness.
- First Hawaiian Bank provides a monthly statement itemizing all your MasterCard, VISA, American Express OptBlue® and Discover Network card transactions.
- Reduced Losses
- Substantial Advertising and Promotional Support
- Large Dollar Sales
- Record Keeping