Payment Cloud

[JohnLocke]

James Spader submitted a new resource:

Payment Cloud - At PaymentCloud, we specialize in delivering high-risk merchant account solutions for merchants..

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A high-risk merchant account is a type of bank account in which transaction funds (from credit and debit card transactions) sit until final settlement, at which point processing fees are deducted and funds are transferred to the merchant's business checking account.

A necessary tool in payment processing, merchant accounts are obtained from a merchant acquiring bank or payment processor. However, these entities aim to issue merchant accounts while...
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​