A recent survey revealed that 40% of American workers have considered starting a business, but many fail to pursue their dreams due to funding constraints. While there are people who invest thousands of dollars to launch their businesses, there are just as many businesses that were started with just a few hundred dollars and some ingenuity.
I bring this up because I now have an online business and no one has to drive 35 miles if they want to check out my competition. Heck, just punch “oil paints” into a shopping search engine and you’ll get over 500,000 results. Now I know there aren’t that many Internet businesses selling oil paints, but even if there are 100,000 that is a heck of a lot of competitors.
However, what if you still can not increase your credit score even if you know that you pay your bills on time? What if you have a bad credit score even if you know that you are a good payer? If this happens to you, then there is a big chance that you may have been a victim of identity theft or there may be some mistakes in your credit report.
And it didn’t take long to realize we shouldn’t be using PayPal for this particular deal, and used a regular UK credit card aquirers. As soon as we did that, the refund rate plummeted from 37% to 10%.
There are actually plenty of reasons why you need to get one for your online business (especially if your business are in so-called high risk merchant account risk industries like telemarketing, travel services, online pharmacies, online dating services).
Offering gift cards is a great way to get any new business up and running. It makes perfect sense that when someone has a good experience at your establishment you should give them the opportunity to share that with their friends and family.
So you owe it to your customers to make sure you have the most secure and safest credit card processing services. And you owe it to yourself as well, because aligning your business with a merchant account provider that offers superior service will help build your business.