5 Questions Merchants Should Ask Their Acquirer
For merchants, it is vital that their chosen payments acquirer has the ability to work with them as a partner as opposed to simply a provider of payment services to fulfil consumer purchases. Acquirers should be able to work with their merchants and payments intermediaries in order to complete as many transactions as possible while managing the risk of fraud and chargebacks effectively.
Payments Basics: What is a Merchant and Why Do I Need a Merchant Account?
The supermarket chain near your house with the best chocolate selection. The taxi company which takes you home safely after a night out. The online store which sells your favourite brand of sports equipment. Your business – whether it is online or a brick and mortar store or restaurant. What do they all have in common? They’re merchants.