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This is financial adviser Patrick Munro, talking about, how do credit card merchant accounts
work. It's a great service and a great country to offer credit cards to your clients. They
can come in, they can pick out a product or service, take a card out of their pocket book
and give it to you, and then a company, through a data terminal, will pay you almost in real
time, for those dollars, guaranteeing the payment to your company. There are services
related to this service, and there are fees associated with the service that you've been
given by the credit card company. It's important to make sure you monitor all the prevailing
rates that are out there, and try to get the best one for your business. That's an important
factor going forward to make sure that you keep expenses down in your business, and product
service to your customers at the highest level possible. This is Patrick Munro talking about
the benefits of credit card servicing rates.