May 06
Whether you already have a merchant account to process credit card transactions, are looking to switch or compare merchant account providers, or need a merchant account for the first time, there are many pitfalls to avoid. These include processing delays, changing fees and rates, rules on chargebacks — and the latest hot button on “holdbacks.”
Tight credit, rising business bankruptcies and changes in how consumers use their credit cards are contributing to an unusual amount of financial ferment involving credit cards.
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