Is your new business ready to start accepting payments from your customers?
If so, you might be ready to open a merchant account so that you can accept credit card payments.
But what exactly is a merchant account? Isn't a business account good enough?
Before you start looking for a merchant account, you should know a little about them, so you know what to expect.
There are several things you should consider, like:
- How long will it take?
- How much paperwork is involved?
- Will it be underwritten?
Those questions and more will be answered below, as we go over the ten things you should know before you open your merchant account.
source https://www.emscorporate.com/news/10-things-opening-merchant-account
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