5 Reasons You Should Accept Credit Cards for Client Invoices | EP 55

5 Reasons You Should Accept Credit Cards for Client Invoices

1. Reason #1: Improved cash flow 01:28
   • Accepting credit cards means that you get paid faster.
2. Reason #2: No more need to use W-9 forms or send your social security number  02:25
   • Companies like Stripe and Paypal are responsible for this information, so you no longer need to send this information out before sending client invoices.
   • *Be sure to check with your preferred payment system if you aren’t using the above platforms.
3. Reason #3: Clients don’t have to send you a 1099 during tax time 03:39
   • If you use the above services for invoices, you won’t have to get 1099 forms from your clients.
   • Around tax time, Paypal or Stripe will send you the necessary forms.
4. Reason # 4: It’s easier for the client 04:33
   • They don’t have to worry about sending checks anymore.
   • They can just click a button and send the payment.
5. Reason #5: It’s easier for you 04:51
   • As the freelancer, it’s just easier for you.
   • You don’t have to go to the bank and deposit a check. The money will just come in.