We were struck by a long and thoughtful article recently posted on AOL Business, with the headline “Can You Afford to Run a Cash-Only Business?” The first section dealt with some of the admitted advantages from a “cash on the barrelhead” approach — every...
Merchant services involve the creation of a business account to process credit transactions. Any business wanting to offer this payment method to customers has to have this account available. Accounts may be designed for internet, telephone, mail, retail, and high...
The merchant service provider a business chooses determines the profitability of both current and future customer transactions. Unreliable processors or ones that charge excessive fees can be detrimental to the profits of smaller companies. Other factors such as...
