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  • What’s the average credit collection period?

    Posted by admin on February 10th, 2010 and filed under credit collection | 1 Comment »

    If you are a merchant and sell things on credit, how long does it take for the credit card company to pay you the owed money? And how do you know this?

    It is called ‘merchant services’ (the ability to accept credit cards as payments from your patrons)

    The payment is generally on the next business day with fees deducted, but you will need to speak with your ms salesperson, because there are different products available.

    One Response

    1. Kristen Banker Says:

      It is called ‘merchant services’ (the ability to accept credit cards as payments from your patrons)

      The payment is generally on the next business day with fees deducted, but you will need to speak with your ms salesperson, because there are different products available.
      References :
      im a banker

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