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Merchant Services

You can also take advantage of such merchant card services as PayPal, 2CheckOut, or Google Checkout that allow you to accept unlimited payments without the need to open a merchant account with your bank or other payment processing company...


A merchant services account can be used to accept payments made with the following sources:

Credit Card Merchant Services

Credit card merchant services are aimed at providing ample opportunities for online businesses to accept credit and debit card payments...
You can also use such services as PayPal, or 2CheckOut that usually link with your bank account and provide the ability to process multiple card payments...


Merchant Service Account

A merchant service account represents a bank account that businesses would normally use to accept payments made by means of credit and/or debit cards...
What makes this processor a number one solution is that you can link a debit card to your account and you will get your money in the system in no time...
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Payment Processing

This may be cheaper than other options available.

There are two basic methods used by online merchant account services :
  1. A sponsored bank or payments processor
  2. An authorized bank’s agent registered with MasterCard and/or Visa
When payments are processed by a bank, you will need to get your merchant account directly from this bank...
Many large banks readily provide high risk merchant accounts for any payment processing needs...


The advantages of working with offshore accounts are as follows: If your business is on a global scale, the use of an offshore merchant account can be very beneficial for you...
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Imprest Petty Cash – the Main Principle of Petty Cash System!



So, now you know what petty cash is, so, what is the imprest petty cash? Imprest petty cash system means that the general petty cash ledger account stays inactive...
That’s why lots of people choose this system as it helps not to become a bankrupt, watches the monetary processes, shows all the operation features and is considered to be the best way of corporative expenses if speaking about several establishments, companies and other office stuff...
When the currency is reduced in the petty cash account you get the request to replenish the spend coins and currency...
Once it is drawn the cash account is credited again...
According to the main rules of the petty cash system (though lots of companies have their own rules) every time the custodian is to cover his expenses up to $100 combination of coins, currency and vouchers...
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