43: 4 ways to keep your business sustainable with the right merchant account - a podcast by Mark Forster

from 2021-01-07T08:00

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4 ways to keep your business sustainable with the right merchant account:



1. Get a sustainable merchant account:

The last thing you want is for your payment system to close you out without and notice or recourse. You want to be sure to find a merchant account where you will not have to worry about waking up one day with your funds frozen. There are providers in the industry that maintain good relations with their bank partners so they are easily able to facilitate transaction issues if they occur.



2. Have a chargeback advocate:

In business having absolutely 0 chargebacks is not the norm. Regardless of the reason you want to have a provider that will help you deal with these claims and win them for you. This helps you maximize your sales revenue to make your business more sustainable.



3. Get an integrated payment solution:

Partner with a provider that will offer a variety of payment options to best suit your customers needs. Giving customers payment options convenient for them makes them loyal customers to your business.



4. Ability to manage your transactions:

Be sure you have control of transactions where you can manage concerning transactions such as disputes and fraudulent occurrences.


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