This is the easy part! Once you’ve decided which payment processor you want to work with, and have read the contract to verify that the rates and fees match what you were quoted, it’s time to apply for an account. When you sign up for a merchant account with an ISO, MSP or direct processor, • Read More »
ISO, MSPs and direct processors can set you up with a merchant account and a merchant ID (MID). They then act as the liaison between your business and your customer’s credit card company or bank. They process payments and make sure the money is appropriately withdrawn from a credit card account. Once the money clears • Read More »