Why New Yorkers Should Use a Payment Processor Based in NYC

NYC Network local business payment processor

Big cities each have their own unique traits, and in one as large as NYC, there are enough of them that they make significant impacts on how business is done. There are local regulations, business payment expectations, and demands that may not exist halfway across the country. For this reason, it’s a good idea to deal with local B2B service providers whenever possible.

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Make Sure Your Merchant Account Offers Next Day Funding

Woman using online banking on smartphone to see her next-day funding

Many merchant processors only offer funding for completed transactions with a two- or three-day delay. If you’re used to this, you may not realize how much this is affecting your business, but it shouldn’t take much thought before you can think of some problems it has caused. New businesspeople┬ácan also easily envision scenarios in which a delay in the funding of a bank account can cause plenty of problems. Here are some scenarios that are caused by funding lag:

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