When you’re a merchant managing your own business, you have a lot to plan and prepare for. Not least, what happens when something goes wrong. Preparing for what can go wrong with your acquiring bank might not be something high on the list but if it does happen, it can prevent payments being taken with immediate effect and put a strain on the business. Having a contingency plan for the possibility of losing a relationship with your bank ensures you have the flexibility and opportunity to continue processing payments if the worst does happen.
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