A business practice in which a merchant account is used for transactions not related to the purpose for which it was set up and approved is called credit card factoring. If you are allowing another company to process their transactions via your account, you’ve engaged in credit card factoring. In most cases, this is an illegal activity that can put your business at risk, giving you a lot more trouble than it’s worth.
Whether you are just starting or you already have a few years of work experience behind you, it is not easy to find the best credit card processing for a small business. Are you lost among the vast number of online reviews and recommendations that are confusing and do not seem genuine? You do not know how to find the right merchant service that will benefit both you and your clients? Do not worry – we are here to help.
It never hurts to know how much you can save.
