Tag: MID
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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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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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You Moved To Puerto Rico But Can’t Move Your US MIDs, Now What?
What do merchant services in Puerto Rico and taxation have to do with your online business? It’s simple. Are you one of the many affiliate marketers, copywriters, or seasoned merchants who have moved or are planning to move to Puerto Rico from the continental US? Who would blame you? Working from a tropical climate. Enjoying…
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