Make sure you sign up for Amex when making your Merchant Account
One of the biggest things i find, is that you will set up your merchant account, but your American Express account still isn’t set up.
Every time you create a Merchant Account for any new business you run, make sure you sign up for American Express. So many businesses we set up don’t accept Amex for the first couple of days. This is because their vendor didn’t sign on their Amex Account.
Also, some retail style stores accept tips. If you are in retail and accept tips, make sure you use the correct processor.
All in all, if you think you are getting a good rate, look again and force the competing businesses to offer you more. Besides rates you won’t get much in service past the beginning, so you have to get your benefits up front.
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