12 Payment Processing Facts Every Small Business Owner Should Know | B2B Vault Episode 82: The Payment Technology Podcast

In today's episode of the B2B Vault Podcast, we will give you 12 processing facts you need to know as a business owner. When opening a merchant account, these are the frequently asked questions. So sit back and listen, and you will learn what it takes to get set up. What info do you need to have ready? Will they pull my credit? What kind of business do you operate? How will you be accepting payments? Is there an agreement that you need to sign? How long does it take to get approved? What are the rates and fees? Should I buy or lease equipment? What is PCI Compliance? Who do I call if there is an issue? When do I get my money? What types of alternative payments are available for my business? We go through these questions, and with our unique experience as both a business owner and someone with 20 years of experience in setting up merchant accounts, we got through these questions and talked about the why so you know how to get ready to accept credit cards.