Tips for Merchants when their Bank Fails

when merchants' bank fails tips

CalvinAyre has recently published Maxpay’s advice based on our team’s experience with helping merchants whose acquiring bank has recently closed.

A diverse banking network can make or break an online business, especially when MIDs from a certain provider suddenly become unusable. It is almost a guarantee that there will be no warning: banks usually fail without advance notices. The article outlines a few obvious and several not-so-obvious pieces of advice that any merchant can use to prepare for such an unpleasant surprise.

Read the full article by following the link below:

When your acquiring bank fails