Risky Business: Understanding and mitigating risk in merchant services
In today's episode, we'll be exploring the concept of risk in merchant services. Why do applications get declined in underwriting? Why do merchants get terminated after they've been processing for a while. It all comes back to risk, so we discus the different types of risk, what makes one merchant account riskier than another, and ways that you can help your chances to get riskier accounts approved.
Episode 4 of the Payments Ground Game podcast, hosted by Kevin and Elaina Smith, titled "Risky Business: Understanding and mitigating risk in merchant services" was published on October 30, 2023 and runs 36 minutes.
October 30, 2023 ·36m · Payments Ground Game
Summary
In today's episode, we'll be exploring the concept of risk in merchant services. Why do applications get declined in underwriting? Why do merchants get terminated after they've been processing for a while. It all comes back to risk, so we discus the different types of risk, what makes one merchant account riskier than another, and ways that you can help your chances to get riskier accounts approved.
Episode Description
In today's episode, we'll be exploring the concept of risk in merchant services. Why do applications get declined in underwriting? Why do merchants get terminated after they've been processing for a while. It all comes back to risk, so we discus the different types of risk, what makes one merchant account riskier than another, and ways that you can help your chances to get riskier accounts approved.
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