Category: MERCHANT ACCOUNTS
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How to Accept Credit Card Payments Without a Merchant Account
I’ve seen the same story unfold too many times. You’ve launched your online store, sales are flowing in, and suddenly – bam! Your payment processor freezes your account. Your funds are locked up for 180 days, and your business grinds to a halt. Many entrepreneurs rush to sign up with a popular payment processor, thinking…
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Everything you need to know about MIDs (Merchant IDs)
Yes, this is yet another number you should be familiar with. But merchant IDs are one of the most important identifiers for your business and shouldn’t go overlooked. GET YOUR MERCHANT ID TODAY What is a Merchant ID (MID)? A payment processor or acquiring bank assigns a unique 15-digit number, known as a Merchant ID…
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Stripe Pros and Cons: Is It Worth It?
Stripe is a widely used payment platform, servicing both large and small businesses globally. But is it the right choice for all merchants? It depends on what you sell—and not only. Every online business is different, and with that comes varying needs. Let’s look at the pros and cons of Stripe, the types of businesses…
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Everything You Need to Know About Getting a Merchant Account
Merchant accounts are the spine of your business. There is no structure and no function without one. Below, we’ve outlined everything you need to know about merchant accounts. What they are, differences between them, how to apply, and more. Apply for a merchant account with DirectPayNet What is a Merchant Account? A merchant account is…
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Why 7-Figure Businesses Should Avoid Stripe as Their Primary Payment Processor
Stripe, the Silicon Valley fintech darling, has become the go-to payment processor for countless startups and small businesses. With its sleek API, user-friendly dashboard, and straightforward pricing, it’s no wonder that entrepreneurs across America have flocked to Stripe to power their online businesses. However, as your business grows and reaches the coveted 7-figure milestone, relying…
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