Business Credit cards

Any business will cringe at the thought of what the banks put them through to use credit cards.
If you do not know what I mean, then this article is for you!
The fact is that everyone online wants to use a credit card or debit card to process their order.
It is very true in our society that the credit card is a way of life, and if you do not offer that
ability to accommodate them, customers will move on to another website that does allow them
to use their cards. This society has become driven by instant gratification and expects to
receive their products immediately, either by a download or a short shipping duration. Taking
credit cards as a form of payment on the internet or offline should be thoroughly understood.
Read on to see what I mean and how to protect yourself.

The fact is that any merchant taking in payments is immediately at risk for whatever amount is
charged and MORE. The banks will take the charge disputed along with a "charge back" fee
right from your merchant account, and you better have enough in there that has cleared to pay
your own bills or you will be charged more for "overdraft charges". Some banks are waking up
to the fact that it is not always the merchant at fault and most merchants are more than honest
in their dealings. There is so much credit card fraud out there and since the merchants are
ALWAYS liable, you need to realize this and take action to prevent as much disaster for your
business as possible.

Do not just take in cards and believe that everything is going to be just fine now that you have
the money in your account, because it can come out just as fast, or faster, than it went in.
There is a real need for you to understand a lot more than can be mentioned in this article.
The best way to receive all the tools and services you need to protect yourself and to make
your voice heard is to check this website: http://www.merchant911.org This is a group of
dedicated individuals who have been working for years to try to change banking and processing
company rules and regulations as relative to merchants, both large and small. If you need any
more proof of their dedication, just read some of the press releases and look at the tools they
have assembled for merchants to use.

Right now is the time to start to protect yourself from credit card fraud. If you have read any of
the newspapers or listened to any of the news reports, then you already know you are at risk.
There are reports of over 40 million cards in the hands of criminals and thieves and they will
sell these cards or will use them in various illegal methods. It's not hard to imagine that some
day soon you will be approached and asked to spend your time and money to ship a product or
provide a service with these fraudulent cards.