Why do some businesses prefer to accept bank-issued credit cards, like MasterCard and Visa?

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asked Mar 10, 2017 219k views

1 Answer

Toney · Answer 1 · 2017-03-16T06:47:12+0000

The financial institution is responsible for collecting the money owed, not the business. the financial institution pays the business immediately and then collects the money owed for the sale from the customer.

Hope this helps. c:

Why do some businesses prefer to accept bank-issued credit cards, like MasterCard and Visa?

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