Category: MERCHANT ACCOUNTS
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The Future of Affiliate Marketing with Amber Spears
This is the second part of our interview with Amber Spears, cofounder of East 5th Avenue which is an affiliate marketing agency and provides training to those interested. Previously, we talked about what makes a good affiliate manager. You can click that link to read about it, and when you’re done come back here and get some insight into…
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Need to Accept Credit Card Payments without a Merchant Account? Here’s How.
If you’re running a small business and need to accept credit card payments, the first step is usually to open a merchant account. But what if you can’t open one or don’t want to? There’s good news: you have options available. In fact, taking credit cards online is possible through a variety of services, which can…
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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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FAQ Friday: How Many Merchant Accounts Can I Have?
Many business owners in high-risk verticals make the mistake of thinking you can only have one merchant account per business. But this is simply not true. When we informed a nutraceutical business owner shut down by Stripe, he could have had several merchant accounts he couldn’t believe it. “So I could have been routing my…
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Why PayPal is NOT a Real Merchant Account
When is it time to get a merchant account? Chances are, if you‘re a startup accepting credit card purchases online, you‘re likely using a PayPal account, Stripe, or a similar online payment provider. But many online business owners make the mistake of thinking a PayPal business account is the same as a dedicated merchant account.…
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