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About The Book
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<p>In order to compete in today&rsquo;s global marketplace it is essential that businesses large and small accept credit and debit cards from their customers. Credit and debit card usage continues to rise; if you don&rsquo;t want your customer going to one of your competitors you must accept plastic.</p><p>You need to establish a merchant account. Plenty of providers offer these processing services but not all of them will share in your company&rsquo;s vision. In this guide author <b>Michael Mintz</b> provides advice and information about handling a merchant account. It answers these vital questions:</p><p>&bull;&nbsp;How does the credit and debit card process work?<br />&bull;&nbsp;What is interchange and why do I care about it?<br />&bull;&nbsp;Who makes what on each transaction?<br />&bull;&nbsp;What are the pricing strategies and additional fees?<br />&bull;&nbsp;How do I read my month-end statement?<br />&bull;&nbsp;Why should I worry about PCI compliance? <br />&bull;&nbsp;What does the Durbin Amendment mean to me?<br />&bull;&nbsp;What should I know about American Express?</p><p><i>You&rsquo;re a Business Owner Not a Dummy</i> provides an insider&rsquo;s look at the sometimes complex system of merchant accounts and provides a wealth of information to help you make the right decision for your business.</p>