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Are there any risks associated with having a merchant facility?

April 26, 2017associated facility merchant

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Are there any risks associated with having a merchant facility?

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As with all banking products there are some risks. A merchant facility is really an unsecured line of credit that you are responsible for minimizing the risks associated with. The key risk is fraud and the prospect of stolen cards being used. It’s best to carefully read the welcome kit you’ll receive which will have tips on how to safe guard you and your business.