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Shannon Vissers

Expert Contributor

Expertise: Payment Processing, Small Business Lending

Education: BA English, San Diego State University

Shannon has been writing for Merchant Maverick about small business software and financing since 2015. She started writing professionally about business topics in 2005. Shannon has been featured in the Washington Post, Reader’s Digest, US News, MSN, Yahoo Finance, Business Insider, and other publications. She has a bachelor’s degree in English from San Diego State University and currently resides in San Diego, California.

Merchant Maverick Archives for Shannon Vissers | Page 3

What Is A Merchant Identification Number?

Your business obtains its MID when it begins working with an acquiring bank after opening a merchant account. Whether you want to work with an acquiring bank directly or indirectly with the help of a merchant services provider, you’ll need to complete a verification process to get your MID.

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Jul 22, 2026 Filed under: PCI Compliance
business grants for women

Small Business Grants For Women

Grants represent a viable form of free funding for select, exceptionally talented women business owners. If you can present an especially impressive application, essay, business plan, and in some cases an in-person pitch, you might come away with some free cash to help bring your entrepreneurial dreams to fruition.

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Dec 18, 2025 Filed under: Business Grants, Business Loans

What Is a Digital Wallet? Everything You Need To Know About Digital, Mobile, & Electronic Wallets

A digital wallet is an electronic method for securely storing various types of sensitive information, including credit cards, debit cards, gift cards, electronic cash, tickets, and IDs. Not every wallet stores every type of payment information. While terms such as digital wallet, mobile wallet, and e-wallet all mean roughly the same thing, they technically cover slightly different services.

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Sep 16, 2025 Filed under: Digital Wallets and Alternative Payments

How To Register A Business

Business registration is a necessity for most, but not all, small businesses. Read our guide to learn what you need to legally register your small business, the steps to register a new business name, and how much business registration costs.

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Aug 12, 2024 Filed under: Small Business

Can You Set A Minimum Purchase Amount For Credit & Debit Card Payments?

In this article, we’ll review the laws and agreements that govern setting a minimum amount on credit and debit card transactions. We’ll also discuss the pros and cons of doing so, even in situations where it’s perfectly legal. After all, you don’t want to risk losing sales when customers either can’t or don’t want to buy enough items to meet your required minimum. Finally, we’ll review the differences between setting a minimum purchase requirement on credit card and debit card transactions.

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Jul 20, 2026 Filed under: Credit Card Processing