Author: UniBul
Transaction fees paid by merchants are the sum of the interchange fee charged by the issuer, and the processing fee charged by the acquiring bank....
Chargeback monitoring programs serve to help merchants identify and address credit card processing issues as early as possible....
Implementing transaction velocity limits and controls helps determine whether a cardholder or a transaction should be more thoroughly investigated....
Independent Sales Organizations (ISOs) perform functions such as soliciting merchant accounts, selling POS terminals and providing customer service....
Typically, your credit history will only be an issue in a merchant account application if it shows many derogatory items, especially a bankruptcy....