Processing Limits For Merchant Accounts
When you apply for a merchant services credit card processing account, one of the questions that you answer is about your credit card payment processing volumes. You are asked to give your estimate on the average sales amount, as well as your expected monthly volume. It is important that you answer these questions to the best of your ability, even though it can be hard to give precise figures, especially if you have a new business. Credit card processing companies use this information in their evaluation process, in order to place your business in the correct processing category.
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