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Avoiding Merchant Account Disasters
By Matt Bacak


Merchant accounts are an integral part of the puzzle when it comes to accepting credit card payments through your web site. But too many people set up their accounts without fully understanding how merchant accounts function. The result can be frustration and significant financial loss. Learn how to spot potential problems before they start.

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1

Subject: CEO

Very useful information all merchants should have off hand…

What is even most unfortunate that many Merchant Account Providers will never tell you issues like Fraud, Chargeback, and Merchant Account Limits, a critical component if given a deaf ear could lead to your account being terminated and derail your business shut doors? It is almost near impossible to have a new account established the second time.

You know why?

Because choosing the wrong merchant account provider and not having a complete website which walks with you hand-in-hand to set up your merchant account and help you run one successfully.

Comment provided November 28, 2006 at 10:42 am
2
Pepper writes:

Subject: Merchant Account Disasters

The leased equipment mentioned in the article must be covered by an insurance policy paid for course, by the merchant. (Always stated in the terms of the lease fine print)

Comment provided February 3, 2007 at 12:06 am
3
Matt Bacak writes:

Subject: The merchant account I use...

This is the merchant account that I use:

http://www.powerpayaccount.com

Comment provided October 4, 2009 at 9:14 pm

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