Understanding the Risk of Taking Credit Card Payments as Deposits!

Ginger HollowellCredit Card Processing/ Merchant ServicesLeave a Comment

One of my merchants, Sarah, has a tour company. She books tour events months in advance. She needs to reserve buses, restaurants, and hotels months in advance. She has cancellation penalties on those reservations. Her spots are limited on the tour as well, so if someone cancels at the last minute and she doesn’t refill the spot, she loses income. Sarah had a problem with … Read More