Merchant Accounts: What to Look For, What to Ask and Why

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Veröffentlich am: 23.11.2022, 10:43 Uhr
Accepting Credit Cards

As a small business or a small-small business (under 10 employees) it is important that you consider accepting credit cards if you don't do so already. People expect to be able to pay with plastic. They can pay with credit cards at fast food restaurants, gas stations, coffee shops and more. It is just expected, fairly or not, that a business be able to accept credit cards.

The first thing you need to do is evaluate Merchant Acounts. You may naturally assume that it is just easier to use your bank to set up your account. Well, that is convenient, but is it really in your best interest.

Many small businesses fall into the trap of latching onto their first merchant ***** account and staying with them because of the convenience. They do this to their detrement. Over the past few years rates have lowered, while these small companies, out of loyalty or convenience, have been stuck paying the same rate they had when they first started.

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