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Optimize your creditcard processing speeds Slow transactions are, at best, an annoyance to customers, and at worst, result in lost sales, especially online. In order to improve processing speeds, you should make sure your POS equipment is up-to-date and that your internet connection is both stable and fast.
These longer payment cycles have historically lent themself to slow payment processes, like checks, that are no longer common for B2C transactions Due to the complexity of most B2B transactions, there’s often more documentation required for the payment, such as contracts. What are the Most Common B2B Payment Methods?
Step 3: Get your merchant account We already established that you cant acceptcreditcardpayments without a merchant account. You can apply directly for one from a merchant acquiring bank, but we recommend getting one from your payment services provider to make the process faster and smoother.
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