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credit card merchant question?

Discussion in 'Business & Tax Advice' started by superaff1984, Jul 7, 2011.

  1. superaff1984

    superaff1984 Power Member

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    I am just curious, can bank block certain merchants?

    I'm trying to figure out how companies that do these continuity billing offers stay in business. Are they changing their names around or what? I'd imagine if the credit card companies and banking companies start to block merchant name out, you can just the name. The name that will show up on the consumer banking statement?
     
  2. jonnyquest

    jonnyquest Regular Member

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    Yes to answer your question ... most merchants have real good relationship with their CC company but when something funky is going down they will block or even close the merchant account ... the only caveat is the amount of monies that are flowing through on a daily basis ... the more $$ the more they will try to work something out

    JQ