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How to Choose a Payment Processing System for Your Business

[…]be avoided if you can help it. You want to be able to drop out of the service if you find it doesn’t fit your business model. Most services charge on a month-to-month basis and don’t require businesses to sign a contract. If a business owner decides to no longer use the service, they can cancel their account with no repercussions. Some services will allow for cancelations but charge a termination fee. You’ll need to find out where a service stands before you commit. Customer Support For some businesses, live 24/7 support may be overkill. For others, it’s a necessity. […]
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How to Know if You Are a High-Risk Merchant

[…]Financial Merchant Services. GET STARTED Does your business run off a subscription-based model? Do you take in a large influx of expensive transactions? You might be classified as a high-risk merchant. Being a high-risk business isn’t the end of the world, but it will make it more difficult to find payment processing options. This is especially true if you have a low personal credit score. Many account providers will turn you down due to fear of chargebacks and other negative reproductions. Your business model is only one factor that will deter account providers. Check out this guide to learn for […]

A Guide to the Different Types of Credit Cards

[…]a line of credit that allows cardholders to make purchases and pay them off later. While it doesn’t offer rewards or cash back, it helps build or maintain credit and handle unexpected expenses. Paying off the balance each month is essential to get the most from a standard credit card. That’s how you’ll avoid interest charges and keep credit use low. Rewards Credit Card You can earn points or miles for every dollar you spend with a rewards credit card. You can redeem these points for merchandise, travel, gift cards, or cash. Many rewards cards offer bonus points in specific […]
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