Author: Maria Sparagis
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One Account, Two Businesses? Exploring Business Bank Accounts, Merchant Accounts, and LLCs
MERCHANT ACCOUNTS, Merchant Category Code, PAYMENT GATEWAY, PAYMENT PROCESSING, USA MERCHANT, USA MERCHANT ACCOUNTIf you’re anything like me, you’re continually looking for ways to streamline your operations and optimize your business financials. One question that seems to pop up frequently is, “Can I use the same bank account for two businesses?” And it’s no wonder this query surfaces so often. After all, wouldn’t it be simpler to handle…
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The Art of Goodbye: Mastering the Cancellation Funnel to Minimize Churn
For subscription businesses, customer retention is the name of the game. But equally important—and often overlooked—is mastering the art of a well-executed cancellation process. It’s the last impression a customer has with your brand, and it can significantly impact their likelihood to return or refer others to your service. This is where cancellation funnels can…
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Licensing Business Model: A B2B Revenue Model to Supplement Subscriptions
In the digital era, the subscription business model has become a cornerstone for many companies across industries, providing a predictable, recurring revenue stream and cementing long-term relationships with customers. From streaming platforms to software providers, subscriptions have reshaped how businesses approach customer engagement and revenue generation. But as business landscapes evolve, so do models for…
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These Industries REQUIRE High Risk Credit Card Processing
Not all businesses are treated equally by payment processors. High-risk businesses are subjected to stricter monitoring due to the higher risk of chargebacks and fraud. But not every merchant knows if they’re high risk or not. If your Stripe account was recently terminated or your merchant account application has been repeated denied, it’s because you…
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Stripe Is Too Expensive! | Stripe Fees Breakdown + Alternatives
Imagine this: You’ve just started your online store and decided to use Stripe for payment processing. Fast forward a few months, and you’re excitedly checking your earnings only to find that (1) a significant chunk of your profits has vanished into thin air, OR (2) your shop is frozen! Stripe is no doubt one of…
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