Exploring Merchant Underwriting and Navigating Its Influential Factors
General Bookmarker28 Feb, 2024Finance
The process involves a meticulous evaluation of merchant account applicants to ensure that businesses looking to collect accounts receivable (AR) from clients are feasible and able to meet essential criteria. This also determines the risk associated with the transactions. This article will explore the merchant underwriting process and the factors affecting it while also proposing strategies to improve the eligibility of merchant accounts.
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