Author: Maria Sparagis
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Are chargeback alert services right for me, and which one do I choose? Let’s weigh in.
Every business owner wants to prevent chargebacks, especially high-risk merchants. There’s no 100% fool-proof way to prevent a chargeback from happening, that’s just the cold truth. But there are ways to minimize the occurrence of chargebacks, and one of the leading methods is by using a chargeback alert service. These services are attractive options for many businesses, but whether you use one depends on…
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Getting Started with Private Label CBD Skincare Products: Benefits, Risks, and How to Stay on Top of the Competition
The benefits of private label merchandising are insurmountable for industries as tumultuous as CBD (cannabidiol and cannabinoids), but they don’t come without risk. Selling CBD products is becoming increasingly more acceptable, especially after passing the 2018 Farm Bill. And starting a business in a niche industry, like skincare in the CBD market, is a great way to climb the ranks in terms…
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Yes, You Can Get a Merchant Account with Bad Credit—here’s how.
Unless you’re thriving off cash transactions, you need a merchant account to make it as a business in 2021. It flips the switch for processing credit cards, the increasingly preferred method of payment for customers. So, you know credit is important or at least useful, but can you get a merchant account with bad credit? And does your personal credit score affect your approval…
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Everything You Need to Know to Stay off the TMF or MATCH List
The Terminated Merchant File (TMF), also known as the Merchant Alert to Control High-Risk (MATCH) list is a scary place to find your name. You may be wondering how you ended up on the blacklist, why the list exists, and what you can do to get off it. If you’ve been listed, you do have options ahead of…
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What Is an MID and Why You Need One
The acronym “MID” stands for Merchant ID, Merchant Identification Number, or even Merchant Number. It sounds pretty straightforward and simple, but the MID plays a major role in the flow of funds. Not every merchant has an MID and merchants who do have one might not know it. Knowing your Merchant ID and understanding how it’s used can help you in the…
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