The current economic slowdown can affect credit card processing agreements between companies and payment processors. It is an issue relevant to all companies that accept or process credit cards as a method of payment. The following update analyzes financial risks that companies (merchants) and payment processors face under their processing agreements during a slowdown, and it proposes certain proactive steps companies and processors can take to manage their respective risks, while maintaining a positive long-term relationship with one another. Click here to read more.
