Merchant Underwriting: What It Is, How It Works, and Why It’s Important
Stax
JANUARY 23, 2025
TL;DR Merchant underwriting is the process of evaluating a businesss risk level before approving it for credit card processing for any kind of payments from electronic payments to in-person payments. The primary purpose of merchant account underwriting is to mitigate risks for payment processors and credit card networks.
Let's personalize your content