Merchants Taking Credit Card Deposits Online for Future Services Getting Cancelled

Ginger HollowellCredit Card Processing/ Merchant ServicesLeave a Comment

Do you feel like the guy walking the tight rope? Because of COVID 19, merchants who take deposits online for future services are now considered high risk. Merchants are getting their merchant accounts cancelled or required to deposit reserves to continue processing with their current merchant services provider. In March, many customers cancelled bookings and merchants who sell future services were experiencing a new world … Read More